Today's news highlights: SBI Holdings denies submitting a dual ETF application for Bitcoin and XRP U.S. SEC and Ripple End Legal Dispute: Both Parties Abandon Appeals, XRP-Related Rulings Remain Unchanged Vitalik supports the "Ethereum Asset Reserve Company," but warns against excessive leverage. The pSTAKE Foundation has launched a $50 million AI-Web3 Innovation Fund, which is now open for applications. A certain whale/institution has accumulated over 170,000 ETH in the past 4 days, approximately worth 670 million USD. Ethereum spot ETF saw a total net inflow of $222 million yesterday, continuing a three-day net inflow. Fundamental Global plans to issue up to $5 billion in securities to acquire more Ethereum. Animoca

Author: Jiang Haibo, PANews Recently, Cosmos Hub completed the "Gais v12" upgrade and introduced the "Liquidity Staking Module" (LSM). Similar to other blockchains that use PoS mechanisms, there are already many projects that provide liquidity staking services in the Cosmos ecosystem, including Stride, pSTAKE, Quicksilver, Stafi, etc. What is LSM? Why is LSM specially introduced? What are they? What impact will the functions and limitations have on the Cosmos ecosystem? In this article, PANews will answer you one by one. What is LSM? Why do you need LSM? How to achieve it? LSM is an ATOM staking alternative in Cosmos Hub that allows users to convert staked ATOM into Liquid Staking Derivatives (LSD), aiming to be more secure,...