DeFi’s Next Big Thing: Liquid Staking Derivatives

    More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn. The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…

    Russia’s Sberbank plans to launch DeFi platform on Ethereum

    DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its DeFi…

    ‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says

    Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. The next crypto bull market will start sooner than most people think, according to Mark Yusko, founder and CEO of Morgan Creek…

    DeFi enjoys prolific start to 2023: DappRadar report

    DeFi protocols have seen significant growth in total value locked in January, with Lido Finance leading the charge. Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January. The market hit $74.6 billion worth of staked assets, increasing by 26% from December. In its latest monthly report, DappRadar…

    Creating self-sovereignty in the creator economy and Web3 — Is there room for both?

    NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies. On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik…

    Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum

    While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need…