BTC

Core Foundation Advances Bitcoin Staking with Maple Finance Partnership

Newsroom

17 Feb 2025 — 1 min read

Core Foundation Ventures into BTC Staking

Core Foundation Joins Forces with Maple Finance for BTC Staking Initiative

Core Foundation, renowned for devising a bitcoin token that generates yield, has strategically allied with institutional lending platform Maple Finance and reputable custody services BitGo, Copper, and Hex Trust. This collaboration is aimed at making significant strides in the Bitcoin staking domain.

Introducing the lstBTC Token

The lstBTC token from Core presents a unique opportunity for institutional investors to accrue yield on their bitcoin assets. The arrangement ensures investors can retain their holdings within secure custodial settings, thereby circumventing the risks and operational complexities tied to smart contract management.

Anticipated to be launched in the upcoming months by Maple, this flexible staking token will enable firms in trading and asset management to leverage staked Bitcoin as collateral. This can be utilized for borrowing activities both within the decentralized finance ecosystem and with various trading partners.

Zoth Hit by $8.4M Crypto Exploit After Wallet Compromise

RWA restaking protocol Zoth suffers major breach as attacker drains millions, converts funds to DAI and ETH Real-world asset restaking platform Zoth just got rocked by a massive exploit, with attackers making off with roughly $8.4 million in crypto. The breach, uncovered on March 21, stemmed from a compromised

Bitcoin’s Wild Card: How Germany’s Debt Plans Could Shake Up Crypto

Inflation Fears, Government Sales, and Gold - What’s Next for Bitcoin? Bitcoin is entering a critical phase as Germany’s shifting economic policies threaten to reshape its trajectory. With Friedrich Merz set to become Chancellor and pushing for a €500 billion debt expansion, inflation concerns are rising - and

Are XRP Whales Preparing for a Big Move as Ripple vs. SEC Lawsuit Nears Conclusion?

Massive Accumulation Hints at a Potential Price Surge Amid Legal Speculation Ever since Donald Trump's election victory and his vow to support the crypto industry - including firing former SEC Chair Gary Gensler - speculation has been mounting about a potential resolution in the long-running lawsuit between Ripple

XRP Price Consolidates as Key Levels Hold

Ripple’s Token Struggles to Break Out - Is a Major Move Coming? Ripple’s XRP has been navigating a critical price range, bouncing between support and resistance within an expanding wedge pattern. With the 100-day moving average and the $2 support level defining its boundaries, traders are watching closely