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Babylon Protocol Launch Enables Native Bitcoin Staking To Secure PoS Chains

Babylon Protocol Launch Enables Native Bitcoin Staking To Secure PoS Chains

The Proof-of-Stake consensus mechanism is an alternative to Bitcoin’s energy-hungry Proof-of-Work, but the downside is t...

in Proof of Stake.. by CryptoDaily
IRS Declares Crypto Staking Rewards Are Subject to Income Tax

IRS Declares Crypto Staking Rewards Are Subject to Income Tax

The IRS decreed US crypto investors deriving income from staking services must include the fair market value of those re...

in Proof of Stake.. by Jana Serfontein
Five Blockchain Projects To Focus On 2023

Five Blockchain Projects To Focus On 2023

The year so far has been nothing but brutal to the crypto market. Despite continuous development and innovation in the b...

in Metaverse by CryptoDaily
Layer-1 Blockchains That Are Expanding The Horizons Of The DeFi Ecosystem

Layer-1 Blockchains That Are Expanding The Horizons Of The DeFi Ecosystem

The crypto market has already borne witness to the tremendous growth and subsequent slide of decentralized finance (DeFi...

in NFT by CryptoDaily
Ferrum Network Adds Staking-As-A-Service Support For The Algorand Blockchain Network

Ferrum Network Adds Staking-As-A-Service Support For The Algorand Blockchain Network

Ferrum Network, the directed acyclic graph-based (DAG) blockchain ecosystem designed for cross-chain interoperability an...

in Algorand by CryptoDaily
Automata Network Mainnet Live As Platform Launches $20 Million Ecosystem Incentive To Foster Privacy Solution Growth

Automata Network Mainnet Live As Platform Launches $20 Million Ecosystem Incentive To Foster Privacy Solution Growth

Following Automata Network’s Mainnet launch today, the Automata team unveiled its “Automata Ecosystem Incentive Program”...

in Web3 by CryptoDaily
Why Proof of Stake is the Future of Sustainable Crypto?

Why Proof of Stake is the Future of Sustainable Crypto?

Bitcoin has been the subject of conflict the last few weeks because of its evident large carbon footprint. While the lov...

in Blockchain by Crypto Daily
In Search of Greener Alternatives to Proof-of-Work

In Search of Greener Alternatives to Proof-of-Work

Proof-of-Trust providing a much greener alternative without compromising on speed, scalability, or security

in government by CryptoDaily
NXT as the first POS

NXT as the first POS

The Proof of Work system was the popular consensus mechanism for confirming transactions on the blockchain without a thi...

in Proof of Stake.. by CryptoDaily
Cook Finance Accelerates Defi Adoption with Ethereum Mainnet Launch

Cook Finance Accelerates Defi Adoption with Ethereum Mainnet Launch

Cook Finance has announced its Ethereum mainnet launch as part of its cross-chain asset management platform to democrati...

in Proof of Stake.. by CryptoDaily