Tag: stake

How to Stake Bitcoin (BTC) in 2025 – Is It Even Possible?

coiner

Key takeaways Though Bitcoin doesn’t support native staking, holders can earn yield through centralized lending platforms, Wrapped Bitcoin (WBTC) on Ethereum, and Bitcoin-related networks like Babylon and Stacks. WBTC allows BTC holders to participate in lending, liquidity pools and yield farming on Ethereum-based DeFi platforms like Aave and Curve but introduces bridge and smart contract risks. Protocols like Babylon and Stacks use mechanisms like native time-locked scripts or stacking to offer rewards without removing BTC from the Bitcoin blockchain. Custodial, smart contract and regulatory risks persist. Bitcoin’s community also remains…

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Crypto casino Stake reopens withdrawals just 5 hours after $41M hack

coiner

Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake confirmed that all services resumed at 9:28pm UTC time on Sept. 4 — a few hours after the platform confirmed that several unauthorized transactions were made on Stake’s ETH/ BTC hot wallets: All services have resumed! Deposits & withdrawals are processing instantly for all currencies. We apologise for any inconvenience. — Stake.com (@Stake) September 4, 2023 The…

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