exSat Network, a Singapore-based Bitcoin scaling solution, introduces staking services for BTC holders with $488 million in total value locked, offering yield opportunities through its native XSAT token.
The Ethereum network has hit a significant milestone by reaching 1 million validators, with 26% of its total supply staked, highlighting the strong commitment to its proof-of-stake (PoS) consensus mechanism. However, this surge has prompted concerns from the community about potential issues related to decentralization and network congestion.
The UK government aims to enact new legislation regulating stablecoins and crypto staking within the next 6 months, signaling a sense of urgency.
