Bybit hack a setback for institutional staking adoption: Everstake exec
Stakers are migrating away from centralized exchanges like Bybit, Everstakes’ COO said.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Stakers are migrating away from centralized exchanges like Bybit, Everstakes’ COO said.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute the...
Forced liquidations begin in 30 days for business crypto accounts missing new verification rules on Bybit
Bybit has given some Brazilian business users until Aug. 21 to complete additional verification. Accounts that miss a requested up...
Polkadot ETF realized $4.52 of loss per $1 in staking rewards
On Friday, the 21Shares Polkadot ETF (TDOT) reported that it realized $4.52 of loss per share by selling Polkadot (DOT) tokens to...
Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?
XRP is back near $1 even as network activity rebounds, whale deposits to Binance collapse, and derivatives exposure builds near re...
Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research
Bitcoin Magazine Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research New data from Galaxy Research shows that $115 million...
Compound Foundation Names Coinbase And Anchorage Alumni To Run $52 Million Institutional Push
Compound Foundation named four executives recruited from Coinbase Custody, Anchorage Digital, the NEAR Foundation and Maple Financ...