What are the potential risks of concentrating staking power in the hands of a few large restaking providers?

Proof of stake has become a dominant consensus mechanism in the digital asset ecosystem – a central function validating blockchain transactions. It is a process in which investors lock up—or stake—their crypto tokens with a blockchain validator with the goal of being rewarded with new tokens ... Feb 10, 2023 ... On February 9, 2023, the SEC proved the rumors and news reports to be true, charging the crypto exchange with unlawfully offering and selling ... Nov 13, 2024 ... Bitwise Acquires $4 Billion Institutional-Grade Ethereum Staking Provider Attestant; Announces Launch of Bitwise Onchain Solutions ... Bitwise ... Jan 13, 2025 ... The Amendment removes “qualifying cryptoasset staking” from the scope of the CIS Order, and comes into force on 31 January 2025. A “qualifying ... On proof-of-stake blockchains, holders of the blockchain's native crypto asset can bond, or stake, their tokens to the network. During the staking period, the ... On July 31st, 2023, the Internal Revenue Service (IRS) issued a new ruling clarifying the tax treatment of cryptocurrency staking rewards. Factsheet on recent developments in crypto-assets: crypto lending and staking. Reference: EBA-ESMA Factsheet crypto lending and staking. Mar 21, 2022 ... Staking enables issuers to boost the returns of some cryptocurrency exchange-traded products (ETPs) by contributing their coins to large pools of assets in ... Binance.US Staking offers a selection of supported Proof-of-Stake cryptocurrencies, including Ethereum (ETH), Cardano (ADA), BNB, Polygon (MATIC), and more. To ...