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PStake Finance Launches Bitcoin Liquid Staking Solution

PStake Finance, a project backed by the leading cryptocurrency exchange Binance, has unveiled its innovative Bitcoin liquid staking solution, marking a significant milestone in the realm of decentralized finance (DeFi). The launch of this solution represents a major step forward in bridging the gap between traditional assets like Bitcoin and the emerging DeFi ecosystem.

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PStake Finance, a project backed by the leading cryptocurrency exchange Binance, has unveiled its innovative Bitcoin liquid staking solution, marking a significant milestone in the realm of decentralized finance (DeFi). The launch of this solution represents a major step forward in bridging the gap between traditional assets like Bitcoin and the emerging DeFi ecosystem.

The Bitcoin liquid staking solution offered by pStake Finance enables users to stake their Bitcoin holdings and receive liquid staking tokens in return, which can be used to participate in DeFi protocols and earn rewards. This innovative approach allows Bitcoin holders to unlock the value of their assets while still benefiting from the potential rewards and utility offered by the DeFi space.

The launch of the liquid staking solution comes as the demand for yield-generating opportunities in the cryptocurrency market continues to surge. By offering a way for Bitcoin holders to participate in DeFi without having to lock up their assets, pStake Finance aims to democratize access to decentralized finance and empower users to maximize the potential of their holdings.

pStake Finance’s liquid staking solution is backed by the security and reliability of the Binance ecosystem, providing users with confidence and peace of mind in their staking activities. With Binance’s support, pStake Finance aims to establish itself as a leading provider of liquid staking solutions and expand its offerings to support additional assets in the future.

The launch of the Bitcoin liquid staking solution represents a significant opportunity for both Binance and pStake Finance to capitalize on the growing interest in DeFi and provide users with innovative ways to maximize the value of their assets. As the DeFi ecosystem continues to evolve, solutions like pStake Finance’s liquid staking are expected to play a crucial role in driving adoption and expanding the reach of decentralized finance.

In summary, the launch of pStake Finance’s Bitcoin liquid staking solution marks an important milestone in the convergence of traditional assets and decentralized finance. With the backing of Binance and a commitment to innovation, pStake Finance is well-positioned to lead the way in unlocking the potential of staked assets and revolutionizing the DeFi landscape.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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