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Sygnum becomes first bank in the world to offer Eth2 staking

News Crypto-focused Swiss bank Sygnum Bank hannounced that it has become the first bank in the world to allow its clients to stake Ether (ETH). According to Tuesday s blog post, the firm’s clients can now stake ETH through Sygnum’s institutional banking platform to earn yields of up to 7% annually. Sygnum describes itself as the “world’s first digital asset bank,” having secured a banking license in Switzerland and a capital markets services license in Singapore during August 2019 and October 2019, respectively. The firm asserts that “the vast majority of decentralized products and services run on Ethereum,” noting the decentralized finance (DeFi) sector’s total value locked (TVL) has grown by more than three times since the start of 2021:

Shibu Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch

Shibu Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

Synthetix Up By 19 75% Time To Buy SNX Coin?

Synthetix Up By 19 75% Time To Buy SNX Coin?
economywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economywatch.com Daily Mail and Mail on Sunday newspapers.

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