Coinbase Leads Wall Street to Brave New World of Crypto Staking
Coinbase Custody has launched staking services for institutional clients, starting with Tezos and touting 6.6 percent yields.
Roman Schnider, co-creator of PricewaterhouseCoopers Switzerland's blockchain initiative, will supercede Eelco Fiole as Chief Financial Officer at Tezos.
Tezos has activated its first ever on-chain upgrade initiated entirely by Tezos bakers during a three months period of both voting and code testing.
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion.
For the past three months, users of the Tezos blockchain have been voting on a set of two upgrade proposals. Now, the Tezos blockchain is set to activate its first official system-wide upgrade having completed three separate rounds of voting.
Exchanges like Coinbase are stepping into the market for proof-of-stake cryptocurrencies, but will they boost engagement or centralize power?