Key crypto event-detection thread for your consumption, every week.

Staked $ETH continues to climb.

Investors remain optimistic as the Staking Market Cap has grown an impressive 24.57% more than ETH market cap since the Merge.

Source: StakingRewards

BUSD Is Under Attack

Regulators’ latest actions against stablecoin issuer Paxos come amid a crackdown of the space after a wild 2022, some say the impact on competitors may be limited and don’t necessarily signal a crackdown on Circle or Tether.

Source: Blockworks

Polkadot Academy Buenos Aires has ended!

The Polkadot Blockchain Academy is the first of its kind — a classroom-based educational program covering the conceptual underpinnings and the hands-on application of blockchain technology, using Polkadot and Substrate as the foundations.

After 5 weeks of lectures and workshops designed to help speed up Web3 adoption, the second wave of the Polkadot Blockchain Academy has come to an end.

The next academy will happen in Berkeley, California in partnership with the Center for Responsible, Decentralized Intelligence at UC Berkeley, USA from July 10th until August 10th, 2023.

Check Polkadot YouTube for all the talks from the second PolkadotAcademy:

Source: Polkadot

SSV.Network: The transition to Shifu V2 Testnet is complete.

@ssv_network is a fully decentralized, open-source ETH staking network.

It provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares, for the purpose of running an Ethereu, validator across multiple non-trusting nodes.

This transition is a HUGE step on their way to Mainnet later this year.

The milestone comes with two main significant achievements:

• Support for ALL validator duties (a first for #DVT)

• SSV node specification - The foundations needed for interoperability of the network.

For more details, check their post:

Source: SSV.network

Lido Finance Kicks Off Yield Farming Event on Ethereum Scaler Optimism

Lido Finance is the market’s largest liquid staking platform, letting users deposit a variety of proof-of-stake (PoS) tokens and earn rewards for doing so. Instead of needing 32 ETH, a whopping $49,000 today, to begin staking on Ethereum, users can instead deposit any amount into Lido and begin earning.

Lido Finance and Optimism are rolling out a new incentive program to get liquid stakers migrated over to the layer-2 network.

As part of the LidoOnLayer2 initiative, which seeks to improve liquidity for Lido’s staked Ethereum (stETH) product across all layer-2 solutions, the project has been granted 1 million OP tokens from Optimism.

Source: decrypt

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