Institutions embrace crypto staking despite shrinking yields
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.
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Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends.
Several companies offer access to bitcoin mining without the hassle of running equipment, but high costs and the 2028 reward halving make profits uncertain.
The Bitcoin white paper achieved a lot of what Satoshi Nakamoto set out to accomplish, but the cultural impact it had may outweigh Bitcoin itself, writes CoinDesk's Nikhilesh De.
Next Technology Holding cited exchange security and quantum computing risks in authorizing sales or loans against its 5,833 BTC. It says none of the coins are held at Binance.
The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of weakness.
The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North Korea.
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same protection.
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery.
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.