Anchorage Digital’s Post

Institutional-grade staking without compromises: secure access and instant liquidity on Ethereum staking is now available on Anchorage Digital - the first federally chartered bank offering support for Liquid Collective LsETH!

Anchorage Digital was just crowned the first #unitedstates bank that rolled out liquid #ethereum staking. big institutions, venture capital firms, wealth managers, and blockchain protocols can now #directly stake through them. this right here is what's called a #powermove, frens 🌝

Circle is the First Stablecoin Issuer to Meet New Canadian Listing Rules USDC to remain available on registered crypto asset trading platforms that meet the CSA's Value Referenced Crypto Asset requirements #circle #crypto #cryptoasset #canada #canadianlistingrules #cryptoassettrading #trading #tradingplatforms

3 most important points for a liquidity provider to consider when reviewing #DeFi protocol documentation. 1. Source of yield This is the most critical point. Avoid getting bogged down in formulas; use instead common sense. ***For instance, consider the #DeFi protocol #Lido. You can deposit your ETH into Lido, which will accumulate 32 ETH and start validating transactions on the #Ethereum_network. Ethereum then pays Lido a reward for this activity. Lido keeps a small portion and passes the majority of the reward on to the liquidity provider. This basic understanding is sufficient at the start to grasp how a #DeFi_protocol operates on a fundamental level. 2. Asset collateralization Understand in which assets your tokens are stored and how they are utilized. For example, when you deposit #ETH into Lido, you receive stETH in return. This #stETH is backed by your ETH, and in the future, you will receive your original ETH plus any generated yield. 3. Liquidity Determine how quickly you can withdraw your assets. In the Lido protocol, you can swap stETH for ETH at any time. There are no lock-ups or freezes. You can withdraw through the DeFi protocol itself or via a #DEX exchange using #wstETH. A propos Overall, this basic understanding is sufficient to start. Based on this information, you can then assess the potential risks associated with the DeFi protocol. It may seem daunting at first, but after doing this a few times, it becomes easier.

Did you know Fordefi clients can securely stake their ETH and earn MEV-boosted rewards through our partnership with Figment? With Fordefi’s MPC wallet platform, you can: • Retain custody of your staked ETH using Figment’s non-custodial staking service • Leverage our browser extension for seamless staking transactions • Securely sign and approve transactions with MPC and granular policy controls This partnership empowers trading firms, funds, and treasuries to maximize the potential of their Ethereum while maintaining the highest levels of security and compliance. Check out Figment's step-by-step guide to get set up on Fordefi: https://lnkd.in/gvj9pn78 -- Josh Schwartz, Dima Kogan, Michael Volfman, Francisco Montenegro, Marlon Figueroa Redondo, Adam Roberts, April Luo(丹阳), Jacob Goh, crest saechao, Trey Archambeau, Figment

So easy and secure to stake your ETH with Figment when using FORDEFI - Plug and play! 🚀🧨

most #cryptotraders will hate to admit it, but we need the banks and #traditionalfinance to get more involved. it has to appease the #boomer in the form they know best, meeting a fusion of #digitalassets with their #classical tools. think of #derivatives, #options and other financial structured products designed for their #infrastructure. stubborn folks. these products are connected with private and wealth banking arms of the financial institutions after all, not with crypto degens and their funny bags of #magicinternetmoney. although we feel largely indifferent towards #tradfi (especially when it comes to #regulations) things are slowly changing underneath the surface. we're now seeing the sprouts of a fruitful collaboration, and this #narrative will be very #bullish to foster #massadoption in the longterm future. these institutions are simply not coming for your #memecoins.

Ether.fi, a decentralized finance (DeFi) staking protocol, has reported that no user funds were compromised during the recent domain takeover attack. This highlights the platform's commitment to security and user trust in the DeFi space. #Etherfi #defi #Finance #decentralized

SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Program. Former Chief Risk Officer and former CFO also charged for misleading investors. "he Securities and Exchange Commission today charged Silvergate Capital Corporation, its former CEO Alan Lane, and former Chief Risk Officer (CRO) Kathleen Fraher with misleading investors about the strength of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program and the monitoring of crypto customers, including FTX, by Silvergate’s wholly owned subsidiary, Silvergate Bank. The SEC also charged Silvergate and its former Chief Financial Officer, Antonio Martino, with misleading investors about the company’s losses from expected securities sales following FTX’s collapse. All parties charged, aside from Martino, have agreed to settle the SEC’s charges." https://lnkd.in/eJd8sjGE Silvergate Pays $63 Million to Settle US Regulators’ Probes. Bank collapsed after FTX’s implosion led to run on deposits. Lender didn’t admit to or deny Fed, SEC, California claims. https://lnkd.in/eESRwxEt Defunct Silvergate Bank's owner settles with regulators over compliance lapses https://lnkd.in/essAfUp5 US SEC sues Silvergate for securities fraud https://lnkd.in/eJeTJfmg