Blockchain Bites: Ethereum Power Users, Composability Questions, Staking Solu...

A pair of hackathons from two fast-rising blockchain projects augur more composability, interoperability, and tooling for DeFi On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, and composability. While the overwhelming majority of decentralized finance (DeFi) development remains concentrated on Ethereum, where over $16 billion in digital assets are currently locked by various....

The upgrade to Ethereum 2.0 comes with many changes, including the migration to the proof-of-stake consensus algorithm, believed to make the network more secure and compensate participants accordingly. What is the difference between self-staking and ETH2.0 Staking Earn?While Ethereum 2.0 staking allows validators to be compensated for securing the network, ‘Ethereum 2.0 Staking Earn’ is its own product, providing users rewards from several DeFi products.On Ethereum 2.0, the PoS-powered blockchain will bundle 32 blocks of transactions during each validation round. Each block bundle is known....

Ethereum staking is the backbone of the new network and users have been earning rewards by staking their ETH ahead of the merge. As time has gone on, rewards for staking have reduced, with the current rewards sitting around 4-5% for stakers. However, crypto exchange Coinbase sees this changing for the better once the merge […]

Users can receive up to 6.0% APY with 0.001 ETH staking minimums, but risks apply. On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum (ETH) staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which would require 32 ETH, only 0.001 ETH would be required under the new service introduced by Binance US. Regarding the development, Brian Shroder, CEO of Binance US, said: "ETH plays a critical role in the broader Web3 ecosystem. As the Ethereum network continues to transition....

CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says. CoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch.As the first phase of Ethereum 2.0 is expected to come on Dec. 1, CoinDCX is now “all set” to introduce ETH 2.0 staking for the global crypto community, the exchange’s executives announced on Nov. 10.According to the announcement, CoinDCX’s smart contract-based solution will enable users to stake ETH with less than 32 Ether (ETH) — a minimum amount required to....