Earn Passive Income with Crypto Staking: 5 Top Picks!

• Staking involves holding a certain amount of cryptocurrency to validate transactions and earn rewards.
• There are many crypto staking pools available in the market, such as Everstake, P2P, LYOTRADE, etc.
• These platforms offer different features like non-custodial staking, centralized staking with DEX Swap feature, higher returns compared to traditional methods and more.

What is Crypto Staking?

Crypto staking is a process that involves token holders to hold their cryptocurrencies for a certain amount of time to validate transactions on the blockchain network and gain rewards in return. It is done through specialized PoS networks that enable participants with the largest number of tokens to be selected as validators. This process has become popular among crypto holders who want to generate profits from their holdings without having to trade them on exchanges or other platforms.

Top 5 Crypto Staking Pools

Stake pools are mediums which help crypto holders with smaller stakes participate in staking and increase the likelihood of getting rewards. Here are our top five recommendations for crypto staking pools:

Everstake

Supported cryptocurrencies: 37 different coins and tokens
APY: Depends on the cryptocurrency
Lock-up period: Depends on the cryptocurrency
Payout frequency: Depends on the cryptocurrency
Type: Non-custodial
Additional rewards: No
Minimum/maximum staking amount: Depends on the cryptocurrency

Everstake is a trusted validator running over 8,000 nodes across 70+ blockchain networks. As a non-custodial solution, users can stake directly from their respective wallets and get 5% – 20% profit annually by staking with Everstake with transparency of rewards.

P2P

Supported cryptocurrencies: 26 different cryptocurrencies
APY: between 4% and 50%
Lock-up period: Depends on the cryptocurrency
Payout frequency: Depends on the cryptocurrency
Type: non-custodial
Additional rewards: No.< br > Minimum/maximum staking amount :Dependsonthecryptocurrency.< br >< br > P2P provides secure non-custodial services for professional investors allowing them to participate in stacking without any heavy lifting of running nodes themselves . With an average uptime of 99%, investors can receive their rewards continuously whilst mitigating risks related to performance .

LYOTRADE
Supported cryptocurrencies : LYO Credit (LYO), USDT.< br >< br > APY : 24 %to50 %Lock up period :Dependsonthecryptocurrency , but ranges from 360 days to 720 days .Pay out frequency :Dep endsonthelock – upperiodType :Centralized ,withDEXSwapfeatureAdditionalrewards :TheLYOCredit token earnsrewards throughinflation ,orcommunityralliesMinimum / maximumstakingamount :Dep endsonthecryptocurrency.< br >< br > LYOTRADE offers higher returns than traditional methods along with liquidity options like DEX Swap feature for its customers . The platform allows customers towagertheirLYOtokensforupto720daysandearn24 % – 50 %annualinterestrate .

< h3 > Atomic Wallet
Supported Cryptocurrencies : 30 +differentcoinsandtokensAP Y :Up totwenty percentLock – upp eriod :Dep endsonthecryptocurrencyPay outf requency :WeeklyType :Non custodialAdditionalrewards :N o Minimum / maximumstakingamount :No minimumrequirementforstakingAtomicWallet provides easy ,secureandsafe waytoearninterestfromyourholdingsbystakingmorethan30assetsincludingBitcoin ,Ethereum ,TRONandotherpopularcoins .It isacompletelynon custodialsolutionwhereinvestorscancontroltheirprivatenon publickeysdirectlyintheirownwalletwithoutrelyingonthirdpartyservices .InvestorscanalsostaketheirUSDTwithAtomicWalletwhichoffersup totwenty percentA PYreturnsoninvestment .

< h3 > Staked
Supported Cryptocurrencies ; BTC ,ETH ,XTZAP Y ; Up totwentyfivepercentLock – upp eriod ; VariablePay outf requency ;VariableType ; Non custodialAdditionalrewards ; N oMinimum / maximumstakingamount ; N ominimumrequirementforstakingStaked OffersoneofthehighestreturnsoninvestmentamongtopstakingserviceswithuptotwentyfivepercentA P YdependingontheneedsofthetokenholdersandwhattheyarelookingforintermsoflockupperiodsandpayoutsfrequencyaswellastheriskappetiteTheyprovidenon custodialsolutionswhereuserscanmanageprivatekeysdirectlyintheirownwalletswhilebeingabletomonitorperformanceindependently

Collect Rare Shabu Town Shibas – Unlock Your NFT Potential!

• Shabu Town Shibas is an NFT collection built on the Ethereum network launched in 16 August, 2021.
• The total number of owners has reached 3198 within 576 days since its release.
• The market capitalization of Shabu Town Shibas NFT collection is 0 ETH with a 30-day trading volume of 0.09 ETH.

What is an Shabu Town Shibas?

Shabu Town Shibas is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 16 August, 2021. Currently, 9,981 items can be viewed at OpenSea and the total number of owners has reached 3198 within 576 days since its release.

Price and Sales

The market capitalization for this NFT collection is currently 0 ETH with an average sale price of 0.17 ETH (~$280.90 at the time of writing). A total volume of 1,213.524 ETH has been created through 7,193 collections sales. Furthermore, the floor price for Shabu Town Shibas is 0.004 and their 30-day trading volume kept at 0.09 ETH while payment tokens include ETH, DAI, WETH, USDC and SHIB.

Why are some NFTs expensive and others not?

NFTs are still very new to the blockchain ecosystem and thus market value cannot be predicted based on historical data or precedence yet as it’s an emerging market.. Some projects gained legitimacy due to first-mover advantage while opportunists took advantage of the booming market growth leading to some NFTs being valued more than others without any real value behind them other than greed exploitation attempts.

Is the Shabu Town Shibas Collection Over or Underpriced?

It’s difficult to determine whether Shabu Town Shibas collections are over or underpriced given that it’s a new asset class still in its infancy which will become clearer as more active markets develop around NFTs and metaverses – their prices also depend on how they are developed and promoted by creators & community members alike

Examples

Examples from this collection include: Shabu Town Shiba #0; #1; #2; #3; buyer fee to dev stands at 0 basis points while seller fee to dev stands at 15%.

Silvergate Bank Shuts Down After FTX Debacle

• Silvergate Capital Corp has announced that it will be winding down its operations and liquidating all assets in order to return all deposits.
• The company had already discontinued the Silvergate Exchange Network in early March, which acted as a conduit between crypto and traditional banking services.
• Despite efforts from the Federal Deposit Insurance Corp (FDIC) to help, Silvergate has decided to shut down completely due to increased scrutiny from regulators and a criminal investigation by the Justice Department’s fraud unit.

Silvergate Bank To Shut Down

Silvergate Capital Corp has announced that it will be winding down its operations and liquidating all assets in order to be able to return all deposits. This comes after struggling financially after the FTX debacle, coupled with increased regulatory scrutiny and a criminal investigation by the Justice Department’s fraud unit.

FDIC Efforts In Vain

The Federal Deposit Insurance Corp (FDIC) was looking into helping the company figure out a way to survive over the last few weeks, but have failed in their efforts. The decision does not come as a surprise, as the company had been struggling financially for some time now.

Flagship Payment Network Shutdown

The wind-down process is being overseen by financial advisor Centerview Partners LLC and legal advisor Cravath, Swaine & Moore LLP, with Strategic Risk Associates providing transition project management assistance. The company had already discontinued their flagship payments network – Silvergate Exchange Network – back in early March.

Voluntary Liquidation

Silvergate is focusing on how best to resolve claims and preserve asset valuation during this process of voluntary liquidation. All applicable regulatory processes are being followed for shutting shop so that all deposits can be returned fully repaid without any problems or delays.

Conclusion

Ultimately, despite FDIC’s efforts, Silvergate Bank has made the call to shut down operations after experiencing deep losses due to selling off assets and closing down their payment network amidst increasing troubles with regulators. They are now undergoing voluntary liquidation with focus on resolving claims and preserving asset valuations for stakeholders before finally coming to an end

Unlock Zero-Knowledge Privacy with ZKPs: What You Need to Know

• Zero-knowledge proofs (ZKPs) are cryptographic tools used to prove that a user knows something without revealing what is known.
• ZKPs can be used for enhancing privacy, scaling, voting systems, digital identity verification, and more.
• Requirements to be considered zero-knowledge include completeness, soundness, and zero-knowledge.

What Are Zero-Knowledge Proofs?

Zero-knowledge proofs (ZKPs) are a form of cryptography which allows users to prove that they know something without actually revealing what it is that they know. This proof can then be validated by third parties without the need for any additional work or information from the prover. ZKPs have many applications in different use cases such as rollups, ZK-VMs and ZK-EVMs and also relate to Dusk.

Requirements To Be Considered Zero-Knowledge

To be considered zero-knowledge there are several requirements that must be met: completeness, soundness and zero-knowledge. Completeness means if the statement is true then a verifier will be convinced; no additional proof or work is needed. Soundness states that if the statement is false then no amount of effort will convince the verifier otherwise. Lastly, zero knowledge means that there must not be any leakage of information beyond what was already known before beginning the process of verifying a claim.

Applications Of Zero Knowledge Proofs

The potential applications of ZKPs are vast with uses ranging from enhancing privacy to scaling digital identities and elections systems. For example, these cryptographic tools can be used to encrypt data so that even if it falls into malicious hands it cannot be accessed without valid keys or passwords. They can also help scale blockchain networks through reducing the amount of data sent over each transaction thus making them more efficient and faster than traditional blockchains which require every node in the network to process all transactions regardless of whether or not they are relevant for them specifically. Additionally, digital identity verification can benefit from using ZKPs as users’ personal details remain secure throughout the entire process due to its encryption capabilities meaning only those authorized with access will be able to view it properly – providing an extra layer of security when logging onto websites or apps with sensitive information attached such as banking accounts etc.. Furthermore, these crypto tools can also provide increased accuracy when conducting elections as votes cast would remain anonymous while still being counted accurately thanks to its verification features ensuring integrity within democratic processes held on such platforms too!

Scaling & Virtual Machines

Zero knowledge proofs enable scalability in blockchain networks allowing more transactions per second (TPS). This is achieved through performing computations off chain thus avoiding congestion on mainnet resources like memory storage capacity etc.. In addition virtual machines (VMs) allow developers to create smart contracts which execute code at runtime helping decentralize their application’s operations further increasing efficiency levels across multiple nodes simultaneously instead relying solely on one host machine alone – this helps prevent single points of failure becoming an issue again making them much more resilient ecosystems overall!

Conclusion

In conclusion zero knowledge proofs offer numerous benefits including enhanced privacy protection when sending data over networks; scalability for blockchains; improved accuracy during elections processes via secure but transparent voting systems; plus further decentralization opportunities through virtual machines executing code at runtime – all things together helping create safer environments online where users feel comfortable sharing sensitive information knowing their credentials won’t fall into wrong hands easily!