#tezosblockchain

[intocryptonews]

Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ), with an eye to its institutional clients. ⠀ In an announcement on May 19, Bitcoin Suisse — which custodies over $1 billion in assets — revealed it was going live with XTZ delegation and custody support using its Bitcoin Suisse Vault, which completed an ISAE 3402 audit by PwC last fall. ⠀ Similarly to other Proof-of-Stake (PoS)-based blockchains, Tezos investors are able to earn a form of “interest” by staking (depositing) their tokens to both maintain the network and earn rewards. ⠀ Commenting on the launch of Bitcoin Suisse’s PwC-audited storage solution, Roman Schnider, CFO and Head of Operations at the Tezos Foundation, noted: ⠀ “Tezos was created with fundamental security features like formal verification that allow for institutional-grade smart contract security. As more institutional adopters and investors get involved with the Tezos protocol, institutional-grade custody services […] will be an integral part of the ecosystem.” ⠀ Last month, Bitcoin Buisse had also been among the partners supporting the launch of a new Bitcoin-backed token on the Tezos blockchain, dubbed “tzBTC.” ⠀ Please let me know what you think about this. ⠀ Follow Us on Instagram 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #BitcoinSuisse #tezosblockchain #blockchaincommunity #cryptonews #blockchain #crypto #blockchainadoption #blockchainrevolution #tezosbaking #tezosfoundation #intocryptonews #tezos #blockchainlife #tezoscommunity #cryptocurrencies #cryptolife #cryptocurrency #cryptotalk247 #lovetezos #blockchainnews #xtz #tezoscoin #blockchaine #xtznews #cryptocurrencynews #tezosnews #tezosxtz https://www.instagram.com/p/CAbadlsgm2E/?igshid=tilp1yc8ougc

[intocryptonews]

- For the first time in crypto’s short, fraught history, Tezos (XTZ)—a cryptocurrency that occupies the number 10 spot on the crypto industry’s list of top 20 tokens—has surpassed EOS, number eight, in volume, price, and value locked in staking. ⠀ At the time of writing, Tezos is also trading for $2.75, while EOS is going for $2.73. XTZ’s trading volume yesterday surged to $95 million—a jump of more than 31 percent compared to the previous day. By contrast, EOS’s volume was $34 million, a spike of just over four percent. ⠀ The price surge marks Tezos’s highest price in well over a month. XTZ last traded for this amount on March 8 and 9, when it slid between $2.60 and $2.90. ⠀ Tezos also now boasts a considerably larger staking network than EOS. Messari lists the coin in third place behind Cosmos (ATOM) and Synthetix (SNX). The currency has an annual staking yield of nearly 7%. (Of course, annual price fluctuations are often far greater than 7%). ⠀ The good news surrounding Tezos follows reports that the cryptocurrency’s blockchain outranks Bitcoin, according to Weiss Crypto Ratings, a financial agency that rates cryptocurrencies. ⠀ Please let me know what you think about this. ⠀ For the TOP Crypto News Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #tezosblockchain #cryptocurrency #tezoscoin #investors #intocryptonews #tezos #xtznews #blockchaine #invest #crypto #tezoscommunity #tezosnews #blockchainadoption #xtz #cryptocurrencynews #blockchainnews #cryptonews #cryptocurrencies #lovetezos #tezosbaking #investor #cryptolife #cryptotalk247 #blockchainlife #blockchain #investing #blockchainrevolution #tezosxtz #tezosfoundation https://www.instagram.com/p/B_bIr58AP1V/?igshid=1hk3g8rbrwlea