Introducing Valid Points: The Risks and Rewards of Staking on Eth 2.0
Breaking down Ethereum 2.0 and its sweeping impact on crypto markets, weekly.
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Ethereum startup Blox is introducing shared staking pools, allowing users to aggregate their ether holdings to participate in Eth 2.0.
Ethereum staking is the backbone of the new network and users have been earning rewards by staking their ETH ahead of the merge. As time has gone on, rewards for staking have reduced, with the current rewards sitting around 4-5% for stakers. However, crypto exchange Coinbase sees this changing for the better once the merge […]
The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon generation. IRS Confirms Crypto Staking […]
Crypto staking rewards Thanks to its high yields, crypto staking, a way to earn passive income, has quickly become popular with crypto holders. Staking is a process in which nodes stake their tokens and create blocks to participate in the maintenance of the blockchain network. In addition, the rewards a node receives from the network […]
In our year-end Ethereum round up, we feature 4 charts from 4 Ethereum 2.0 staking experts recounting the best highlights of 2020.