Stakingbits – Medium

4 days ago

LUNA and UST implodes — the story of a ticking timebomb

Terra and its ecosystem has literally imploded with significant investor losses over the past three days. LUNA, the native token of the Terra ecosystem, is down 99.9% in 48 hours, trading as low as US$0.003, from its highs ($116) reached just last month. That means everyone who bought LUNA at…

6 min read

LUNA and UST implodes — the story of a ticking timebomb

May 6

Hop Protocol announces $HOP airdrop

Hop Protocol, the cross-chain bridge for Ethereum and other Layer 2s, announced the $HOP token airdrop as it begins its journey to decentralize as the Hop DAO. The newly established Hop DAO will govern day-to-day functions including: The layer-2 networks and non-Ethereum chains that Hop supports The tokens that…

Airdrop

3 min read

May 5

Beginner’s Guide to Arbitrum

What is Arbitrum? Arbitrum is an Ethereum scaling solution based on optimistic rollups that aims to feel exactly like interacting with Ethereum, but with transactions costing a fraction of what they do. It is built by the team at Offchain Labs. Why is there a need to build Arbitrum? Ethereum is expensive to use. A swap on Uniswap costs US$30 and…

Arbitrum

6 min read

May 2

Anchor Protocol to shift towards dynamic earn rate starting at 18% APY

Anchor Protocol, which launched DeFi’s cross-chain savings product on Terra with 20% APY, is now moving towards a more flexible and dynamic earn rate. The Anchor Earn rate adjusts dynamically by up to 1.5% each month depending on whether the yield reserve appreciated or depreciated. If the yield reserve is…

Anchor Protocol

1 min read

Published in Stakingbits

·May 1

Crypto.com cripples card rewards program with massive changes

Bear market things? Crypto.com, the world’s fastest growing crypto app, cripples its existing Crypto.com Visa Card rewards program from 1 June 2022 by introducing several changes for cardholders: Reduction in CRO rebates for card spend Capped CRO card rebates Reduction of CRO card staking rewards Reduction in CRO rebates for card spend

Cryptocurrency

2 min read

Crypto.com cripples card rewards program with massive changes

Published in Stakingbits

·Apr 26

Optimism $OP airdrop is coming — what you need to know

Optimism is launching the Optimism Collective, with it, the new OP token. Here’s how to see if you qualify. — Optimism is launching the Optimism Collective, a large-scale experiment in digital democratic governance stewarded by the newly formed Optimism Foundation. The Optimism Collective will be governed co-equally by two houses, the Citizens’ House and the Token House. The Token House is established by Airdrop #1, bringing in the first…

Airdrop

3 min read

Published in Stakingbits

·Apr 22

Stripe launches USDC payout program for creators on Polygon

Stripe announced today that it is launching crypto payouts for Stripe Connect, eligible creators can receive payments over crypto rails. — Creators, freelancers, sellers, and solopreneurs are building new products and solutions, but getting paid can still be difficult. That might soon be changing. Stripe announced today that it is launching crypto payouts for Stripe Connect starting with a select group of creators on Twitter who would be eligible to receive…

Cryptocurrency

1 min read

Stripe launches USDC payout program for creators on Polygon

Published in Stakingbits

·Apr 19

How to Install and Setup MetaMask Browser Wallet

MetaMask is a popular cryptocurrency wallet that’s available both as a browser extension and as a mobile app. MetaMask gives you access to a with a key vault, secure login, token wallet, and token exchange so you can effectively manage your digital assets in a secure and non-custodial manner. MetaMask for account management At…

Crypto

5 min read

How to Install and Setup MetaMask Browser Wallet

Published in Stakingbits

·Apr 17

The derivatives of Ethereum Staking to maximize ETH staking yields

Ethereum staking currently yields 4–5% annually, and users who stake their ETH can earn rewards in newly issued ETH (Ether) for helping the network reach consensus.

Crypto

5 min read

The derivatives of Ethereum Staking to maximize ETH staking yields

Published in Stakingbits

·Apr 14

A Beginners’ Guide to Ethereum

What is Ethereum? Ethereum is often described as technology that allows for open access to digital money and services for everyone. Built by the community, it is a peer-to-peer blockchain network that allows you to move money, make transactions, access financial services — all without a central intermediary.

Ethereum

6 min read