staking

According to on-chain analyst Yu Jin's monitoring, Grayscale HYPE Spot ETF (HYPG) deposited 1.77 million HYPE (114 million USD) into staking 5 hours ago.

According to data from CryptoRank.io, the total TVL of global liquid staking protocols fell to $33.4 billion in the second quarter of 2026, a decrease of 56.1% from the historical high of $76 billion in the third quarter of 2025, marking three consecutive quarters of decline.Specifically, the fourth quarter of 2025 was $61.4 billion, the first quarter of 2026 was $45.2 billion, and the second quarter further dropped to $33.4 billion. The liquid staking sector continues to face pressure, reflecting that the overall DeFi ecosystem is still in a weak cycle.

The Ethereum treasury company Sharplink stated on platform X that since launching the ETH treasury strategy, the company's total staking rewards have reached 22,102 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 509 ETH.

According to Cointelegraph, Polkadot OpenGov recently proposed two new staking proposals (Proposal #1909 and #1910) aimed at strengthening validator incentives, eliminating the nominator penalty mechanism, and reducing the unbonding period from approximately 28 days to 2 days.

According to Cointelegraph, Ethereum is embroiled in a fierce governance debate over the source of core development funding. Last Friday, former Ethereum Foundation contributor Trenton Van Epps warned that as old support programs deplete and foundation expenditures shrink, the core development ecosystem could face a "slow-burning funding crisis" within three to nine months, requiring approximately $30 million annually to maintain over a dozen clients, research, and coordination teams.The core of the debate stems from the "validator redirect income" proposal put forward by Kleros co-founder Clément Lesaege, which suggests redirecting 0% to 10% of validator rewards to an ecosystem funding pool, estimated to generate about 50,000 to 70,000 ETH annually at current staking levels. This proposal has faced widespread opposition, with critics warning that it could entrench the power of large validators and blur the boundaries between operations and governance. Some community members previously countered that the foundation's funds are sufficient to operate for 30 years, but the foundation's actual decisions indicate that it is actively shrinking expenditures and pushing for diversified funding models.On Monday, a nonprofit organization called EthLabs was announced, initiated by five former Ethereum Foundation researchers, aiming to directly fund development through large ETH holders. On Tuesday, Ethereum founder Vitalik Buterin stated that the foundation is cutting its budget by about 40% according to established policies and has recently laid off 54 people.

According to The Block, New York man Noman Saleem was sentenced to 15 months in prison and three years of supervised release for impersonating a cryptocurrency influencer to commit fraud. The U.S. Attorney's Office for the District of Maryland stated that Saleem pleaded guilty to charges of wire fraud last September, admitting to creating fake Telegram accounts that mimicked well-known cryptocurrency influencers, attracting thousands to join his channel, and setting up paid "VIP sub-channels" to further profit.Prosecutors indicated that Saleem lured multiple victims into transferring digital assets to wallets under his control under the guise of providing staking rewards, but he never actually conducted any staking operations. After obtaining the funds, he cut off contact and disappeared with the money. The victims included at least one resident of Maryland, with the total amount involved exceeding $1.4 million. The U.S. government has recovered most of the defrauded funds.

The Ethereum community is debating the proposal to tax staking rewards. The newly established EthLabs has received support from institutions such as BitMine, providing off-chain funding alternatives for ecological development.

According to Cointelegraph, three major crypto lobbying organizations—the Blockchain Association, the Crypto Innovation Council, and the Digital Chamber of Commerce—jointly wrote to the U.S. Congress, requesting the unaltered passage of the "Mining and Staking Tax Clarity Act" without further amendments. The bill allows miners and stakers to choose to pay taxes either when they receive crypto rewards or when they sell their assets, aiming to address liquidity issues caused by "taxation on phantom income."Democratic Congressman Steven Horsford proposed an amendment to limit the deferral of crypto reward taxes to five years, but the CEO of the Crypto Innovation Council stated that the amendment would "undermine" the bill and only generate "negligible revenue." The American Bankers Association opposes the bill, claiming it gives cryptocurrencies a "significant advantage," while crypto lobbying groups believe that renegotiating the already reached compromise will "revive the issues the bill aims to resolve."

According to CoinDesk, major lobbying organizations in the U.S. cryptocurrency industry jointly sent a letter to the House Ways and Means Committee, urging the advancement of the "Tax Clarity for Mining and Staking Act," advocating for tax treatment options for cryptocurrency miners and staking income recipients. The bill was introduced by Republican Congressman Mike Carey, and its core content allows taxpayers to choose the timing of taxation when they receive new mining or staking assets—either paying taxes at the time the assets are generated or deferring taxes until the final sale.Industry associations, including the Blockchain Association, Digital Chamber, and Crypto Council for Innovation, have expressed support, arguing that the current tax system may force users participating in network security maintenance to bear tax burdens before they have realized the assets. Supporters claim that the proposal does not provide "indefinite deferral," but rather avoids immediate taxation on income that has not yet realized liquidity, thereby alleviating cash flow pressure on miners and validators.However, Democratic lawmakers and some external critics are concerned that this mechanism could be exploited by large mining companies for long-term tax deferral, especially in the context of some publicly listed or politically connected companies participating in mining operations, raising potential policy arbitrage disputes. Meanwhile, the industry's focus remains on the broader "Digital Asset Market Structure Act" (Clarity Act), but tax issues have become the second key battleground, expected to continue advancing in tandem with regulatory framework legislation in the coming weeks.

According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced its latest asset situation. As of June 21, the company holds 5,672,956 ETH, 205 BTC, and approximately $601 million in cash and securities, with total assets amounting to about $10.7 billion.The company's chairman, Tom Lee, stated that Bitmine increased its holdings by 52,203 ETH in the past week and will continue to maintain a steady accumulation pace through 2026. Currently, the ETH held by Bitmine accounts for about 4.7% of the total supply of Ethereum, firmly establishing it as the largest Ethereum reserve institution in the world. Additionally, Bitmine has staked 4.719 million ETH, which is over 83% of its ETH holdings, and based on the current yield, the expected annual staking income is approximately $223 million.Tom Lee mentioned that the company believes the crypto market is still in the early stages of a "crypto spring," and the development of tokenization and artificial intelligence will drive continued growth in blockchain demand.

According to an open letter released by The Blockchain Association, multiple organizations related to cryptocurrency and blockchain have written to Jason Smith, Chairman of the U.S. House Committee on Ways and Means, and senior member Richard Neal, supporting the passage of H.R. 9175, the "Tax Clarity for Mining and Staking Act," as originally proposed by Congressman Mike Carey.The joint letter states that the bill provides a compromise solution for the taxation timing and nature of PoW mining and PoS staking rewards under the "self-created assets" tax framework, avoiding immediate taxation on "unrealized gains" and reducing forced selling and compliance burdens. It also opposes the addition of additional clauses such as a five-year mandatory confirmation in the existing text, urging Congress to legislate as soon as possible to stabilize the tax expectations for blockchain validation activities in the United States.

According to CoinDesk, the Ethereum research forum has released a new proposal introducing the "validator redirect revenue" mechanism, allowing validators to redirect 0% to 10% of staking rewards to fund ecosystem infrastructure and public goods. If a majority of validators support a certain percentage, that percentage will be enforced for all validators. Based on current staking levels, a redirect of 5% to 10% could bring approximately 50,000 to 70,000 ETH to the ecosystem each year, equivalent to about 120 million dollars.The proposal aims to address the long-standing "free-rider" problem in Ethereum, but it has also raised concerns about the risks of validators jointly manipulating the flow of funds and the misalignment of interests between staking operators and ETH holders. The proposal is currently still in the discussion phase and has not yet entered the formal voting process.

According to the official announcement, Gate has officially launched the USD1 on-chain staking product, further enriching the USD1 earning scenarios. Users can participate in staking with a minimum of just 1 USD1 and obtain real on-chain earnings with one click. Currently, the reference annualized yield for USD1 on-chain staking is 13.41%. In addition, the reference annualized interest rate for holding Gate USD1 is currently 8%, providing users with diversified earning options. According to DefiLlama data, the holding scale of Gate USD1 has surpassed 908 million USD.In addition to USD1, Gate also offers multi-currency on-chain staking services. As of the time of publication, the reference annualized yields are: GUSD 2.80%, BTC 2.67%, ETH 4.18%, SOL 8.01%, and USDT 3.47%. Users can flexibly participate in on-chain earning opportunities based on their asset allocation needs to obtain stable earning opportunities.

According to on-chain analyst Yu Jin's monitoring, since ETH fell below $1700 at the beginning of this month, F2Pool co-founder Wang Chun (@satofishi) has gradually withdrawn 54,500 ETH from Binance over about half a month, worth approximately $93.25 million. Subsequently, this address staked 37,400 ETH, worth about $63.88 million.

The Algorand Foundation officially released a roadmap for quantum resistance upgrades, planning to launch a series of protocol transformations in 2026, and achieve overall "quantum security" capabilities for the network by the end of 2027 to 2028, in response to the potential threats posed by future quantum computing to existing cryptographic systems.The roadmap indicates that the first phase will introduce post-quantum account systems, multi-signature wallets, and staking support, followed by a gradual upgrade of core protocol components to achieve a comprehensive encryption migration from the wallet layer to the infrastructure. It is reported that several public chain ecosystems, including the Ethereum Foundation and Solana, have also initiated similar research and migration plans for quantum-resistant cryptography.

According to on-chain analyst Yu Jin's monitoring, 12 wallets suspected to belong to a16z have transferred 24 million USDC into Hyperliquid over the past 20 hours and are currently buying HYPE through TWAP (Time-Weighted Average Price). They are the largest institutional holder of HYPE at present and one of the main drivers behind HYPE's continuous new highs in recent months: excluding the portion currently being purchased, they have transferred a total of 259 million USDC into Hyperliquid since March using over a hundred wallets to purchase and stake 4.035 million HYPE, with an average price of about 64 dollars, resulting in an unrealized profit of about 29 million dollars.

According to Onchain Lens monitoring, a certain whale deposited 43,235 ETH into Binance, worth 74.68 million USD. This whale also holds 43,562 ETH in staking, worth 75.41 million USD.

According to on-chain analyst Yu Jin's monitoring, address 0xeef...00C continued to withdraw 136,500 HYPE (10 million USD) from exchanges such as OKX 9 hours ago and deposited it into staking.Since June 1, this address has continuously withdrawn HYPE from multiple centralized exchanges and staked it, with a total of 1,314,000 HYPE (91.67 million USD) withdrawn and staked, at an average withdrawal price of 69.7 USD.

According to monitoring by Onchain Lens, the whale "geministar.eth" withdrew 11,142 ETH (19.94 million USD) from Binance. In the past 3 days, this whale has withdrawn a total of 32,278 ETH (57 million USD) from Binance and sent it for staking.

According to on-chain analyst Yu Jin (@EmberCN), 572,900 HYPE (worth approximately $40 million) were withdrawn from Coinbase Prime and subsequently transferred to Hyperliquid for staking.