Bitcoin Suisse to Deposit Nearly 100,000 ETH to Ethereum 2.0

bitcoin suisse bull 1

Close to 100,000 eth is to be deposited to the new ethereum Proof of Stake (PoS) blockchain by Bitcoin Suisse, the ethereum staking and custody provider. Some 71,891 eth “will be in the deposit contract before 24 November at noon,” Mikael Bondum, a blockchain engineer at Bitcoin Suisse, told Trustnodes. That was the amount as of yesterday at 5PM, with Bitcoin Suisse still accepting staking deposits until November 22 at 23:59 CET for the genesis block. They do not accept Americans however “due to Foreign Account Tax Compliance Act (FATCA) regulation,” the Swiss based company said in a statement. Americans could potentially try CanETH, which claims to be a decentralized staking service and was used by a prominent etherean to deposit 20,000 eth for staking. Eth staked through Bitcoin Suisse are locked, similar to going alone, wiith Bondum stating: “As long as transferability is not enabled on Ethereum 2, the…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE