Ledger Live integrates ‘accessible’ Ether staking option
Ledger announce support for Ether staking using Lido Finance in an attempt to drive affordability and inclusion in the market. In a recent blog post, popular cryptocurrency hardware wallet Ledger announced a new partnership with Ethereum 2.0 staking solution Lido Finance in a move that claims greater accessibility and liquidity for independent stakers in the market.Staking is a niche method of investing within the cryptocurrency ecosystem which allows users to independently or collectively stake their crypto assets, collecting passive income in return, as well as actively contributing to....
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Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise. As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets.By definition, staking allows investors to earn crypto without selling their holdings but rather by delegating crypto to a staking validator to support a blockchain. Originating from the word “stake,” the staking process refers to gaining profits and an....
The new tax integration aims to relieve crypto investors from manually calculating their tax bills. Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution.Ledger has partnered with cryptocurrency tax software platform ZenLedger to integrate its crypto tax reporting solution into Ledger’s interface application Ledger Live, the firm announced to Cointelegraph on Thursday.The new tax feature is immediately available on Ledger Live, available in the discover section on the Ledger Live....
Eth2 already ranks as the fourth-largest staking network by TVL despite launching six weeks ago and with withdrawals still yet to be enabled. Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live.Despite withdrawal functionality not yet enabled, and no precise estimation for its full launch date, nearly $1 billion worth of Ether has already been designated for staking. According to crypto data aggregator Staking Rewards, more than 1.5 million Ether or 1.35% of....
The options for earning passive income from staking ETH continue to expand. Here are a few. The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559.London is the latest in a series of upgrades that are part of Ethereum’s measured transition from its original proof-of-work consensus model to a proof-of-stake model dubbed Ethereum 2.0.On Eth2, tokenholders who hold at least 32 Ether (ETH) can operate....
Ethereum startup Blox is introducing shared staking pools, allowing users to aggregate their ether holdings to participate in Eth 2.0.