Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.
Staking news
Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.
P2P aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards.
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
Bison has partnered with Munich Re and Staking Facilities to offer insured Ether staking, covering risks like slashing and fraud.
Onchain data provider IntoTheBlock said that 28.9% of all Ether has been staked.