London Stock Exchange lists new Bitcoin staking ETP
While earning yield on Bitcoin holdings is still a novelty, there are opportunities to do so through centralized lending platforms and Bitcoin-related networks. DeFi Technologies’ subsidiary Valour introduced a Bitcoin staking exchange-traded product (ETP) on the London Stock Exchange, providing investors with crypto yield opportunities as the UK moves toward easing restrictions on digital assets.
Curve Finance community to vote on $60M proposal to make CRV a yield-bearing asset
The Curve Finance decentralized autonomous organization (DAO) is voting on a proposal that could open up new income streams for the protocol and its ecosystem. The proposal, introduced in August by founder Michael Egorov, would establish a $60 million credit line of crvUSD for Yield Basis. Voting began on Wednesday, with 97% of votes cast
Tron’s gas fee reduction cuts daily revenue by 64% in 10 days
Even after the change, Tron still holds a significant lead in revenue among layer-1 blockchains, including Ethereum, Solana and BNB Chain. Tron’s recent fee reduction has significantly cut into the revenue earned by its block producers, according to a new report from CryptoQuant. The total daily network fees for Tron’s block producers, known as Super
Chainlink, UBS, DigiFT launch Hong Kong pilot for automated tokenization fund
Chainlink, a blockchain oracle provider, and UBS, a $5.9 trillion asset manager, have partnered with DigiFT for a pilot study to automate real-world tokenization funds. This feature could eliminate manual errors, according to the companies. If successful, the study could have implications for RWA tokenization in Hong Kong, a special administrative region of China. According