Will U.S.-based firms that offer staking move abroad as the SEC cracks down on what it perceives as violations of securities laws?
The Ethereum network underwent the successful Shapella hard fork on April 12, allowing validators to withdraw their long-staked Ether from the Beacon Chain after three years. In the first week of withdrawals, more than a million ETH was unstaked by validators.
Staking ensures that a blockchain is only updated with valid data and transactions. Participants wanting to increase their chances of validating new transactions offer to stake large amounts of cryptocurrency as insurance. “The proposed ban on crypto staking will not protect investors from fraud or scams. Instead, it will create a regulatory void that will be exploited by bad actors. Rather than banning centralized staking providers, regulators should focus on addressing the lack of guidance around both centralized and decentralized staking options,” she said.The U.S. is home to the majority of node operators on the Ethereum blockchain. Of the 9,849 active nodes, 5,214 are in the U.S.
Danny Talwar, head of tax at Koinly, told Cointelegraph that centralized staking providers account for almost a quarter of all staked ETH, with Coinbase , Kraken , and Binance leading the way. Staking crypto on a blockchain like Ethereum contributes to daily transaction verification. Thus, Ethereum staking differs from lending rewards like those offered by BlockFi and Celsius.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
This $30 Million N.Y.C. Townhouse Comes With a Backyard That Would Make the Berkshires JealousThis $30 million Greenwich Village gem has been fully remodeled by designers Cortney and Robert Novogratz and now offers high-end finishes, a swanky primary suite, and breathtaking views of the city. realestate NYC
Baca lebih lajut »
Darknet hackers are selling crypto accounts for as low as $30 a popCybercriminals are selling fraudulently obtained login details for verified cryptocurrency, bank and social media accounts on the darkweb for relatively low prices.
Baca lebih lajut »
Kraken's Jordan Eberle shares concern for Andrew Cogliano after injury from Game 6 hitSeattle Kraken forward Jordan Eberle said he was concerned to hear that Colorado Avalanche forward Andrew Cogliano sustained a fractured neck in a collision with Eberle against the wall in Game 6 on Friday night. FOX13
Baca lebih lajut »
Avalanche's Andrew Cogliano suffers fractured neck on controversial hit vs KrakenColorado Avalanche winger Andrew Cogliano suffered a fractured neck on a controversial hit from Seattle Kraken star Jordan Eberle in Game 6.
Baca lebih lajut »
Seattle Kraken defeat Colorado Avalanche in Game 7 of Round 1 of Stanley Cup playoffsTickets for Round 2 of the Stanley Cup playoffs at Climate Pledge Arena go on sale Monday morning.
Baca lebih lajut »
Seahawks players congratulate Kraken on historic upset of Avalanche in Stanley Cup PlayoffsSeahawks players congratulate Kraken on historic upset of Avalanche in the Stanley Cup Playoffs
Baca lebih lajut »