Solana founder Anatoly Yakovenko made a post on the X app warning the public about sparking a cold war between Ethereum (ETH) and other protocols including Solana (SOL) which are generally referred to as ‘ETH Killer”  SOL and ETH Can Co-Exist In Yakovenko’s opinion, pushing such narratives against Ethereum is lame as it harms the ecosystem. He suggested that protocols could coexist without challenges or threats of killing each other.  “Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies,” the Solana co-founder said. Don’t bring back last cycle “eth killer” bs. It’s lame. Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies. I am such a techno optimist that I am certain that…— toly 🇺🇸 (@aeyakovenko) December 2, 2023 Furthermore, Anatoly expressed positivity in a future where “Danksharding,” a technology that allows blockchain technology to add cheaper blocks, will have enough bandwidth that accommodate all of Solana’s data. To put it in perspective, danksharding is an Ethereum rollup scaling method where transactional throughput is expanded through the provision of additional storage space for roll-up transactions.  Yakovenko’s statement on Ethereum underscores the fact that SOL and ETH can coexist and even overlap without any inconveniences.  Solana Founder Douses ETH Rivalry Push Despite the growing industry eulogy for Solana, Yakovenko has warned the community members against instigating unhealthy rivalry with the Ethereum protocol.  This was when MakerDAO Co-founder and CEO Rune Christensen announced plans to fork the protocol’s NewChain on the Solana blockchain, away from Ethereum. The news sparked some reactions from Solana proponents who saw the transition as a battle of the best. Yakovenko immediately pointed out that it was a general win for open source. “I really hope that people in the Solana community don’t use this as some cudgel to attack Ethereum,” he said at the time.  In October, one Ethereum community member identified as jebus.eth tried to take a jab at Solana by referring to it as a “Coallition of poors and wealthy ppl who don’t understand where value actually comes from or how to create it, just that the things I want should be cheap.”  However, the Solana co-founder was quick to respond to him, emphasizing the fact that his protocol is a pursuit of an entirely stateless digital realm, where unhindered communication and transactions flow freely among the people, liberated from the control of capitalist middlemen and government surveillance. $SOL #sol #solana

The price of Bitcoin, the world's largest cryptocurrency, exceeded the 39,000 threshold for the first time since May 2022 and is at $ 39,300 at the time of writing this article. However, BTC instantly threw a candle wick up to $39,700 on Binance. The latest wave of rise came after FED Chairman Jerome Powell's speech on Thursday, as hopes increased that interest rate cuts might come earlier than expected, and Bitcoin spot ETF approval is thought to be given by the SEC in January, with a very high probability. When the data is examined, it is seen that after the sudden attack in the Bitcoin price, there was a liquidation of 53.46 million dollars in the cryptocurrency market in the last hour. Surprisingly, $51.46 million of these liquidations occurred in short positions. The liquidation amount for BTC was $24.13 million in total, $20.66 million for ETH, and $1.27 million for SOL. Other liquidations occurred in small amounts across many altcoins. Table showing the liquidations in the cryptocurrency market in the last hour. In addition to BTC, which suddenly rose by approximately 1.5% in the last hour, it was noteworthy that the rise was more severe for Ethereum. ETH price has increased by 1.84% in the last hour and is trading at $2,160 at the time of writing. $BTC #BTC

The corporate landscape around Elon Musk’s social media venture, X (formerly known as Twitter), is becoming increasingly turbulent. Following Musk’s controversial remarks at the New York Times DealBook event, industry analysts are predicting a further decline in advertiser confidence. This speculation arises in the aftermath of Musk’s sharp criticism of major media players who have withdrawn their advertisements from the platform. A Tumultuous Turn for X’s Advertising Sphere Musk’s recent outburst, which included a profanity-laden critique of the departing advertisers, has intensified concerns about the platform’s viability. Companies like Walt Disney and Warner Bros. Discovery had already suspended their advertising earlier this month, triggered by Musk’s support of an antisemitic post. This move marks a significant shift in the platform’s relationship with key advertisers, who are increasingly distancing themselves due to content moderation concerns and Musk’s unpredictable leadership style. The Tesla CEO also candidly acknowledged the potential financial peril for X, admitting that a prolonged advertiser boycott could lead to bankruptcy. Yet, he suggested that the blame for such a collapse would fall on the brands rather than on his own actions. However, Jasmine Enberg, an analyst at Insider Intelligence, counters this view, stating, “If anyone is killing X, it’s Elon Musk – not advertisers.” Enberg’s analysis points to a series of decisions and comments by Musk that have alienated the platform’s primary revenue source. The Ripple Effects of Musk’s Leadership The financial implications of Musk’s leadership style are already becoming evident. Data from media analytics firm Guideline reveals a stark 64% decline in ad spending on X in the United States from January through October this year, compared to the same period in 2022. This decline in advertising revenue poses significant challenges for the platform’s financial stability. Analysts like D.A. Davidson & Co’s Tom Forte predict that more companies may cease advertising on X, at least temporarily. This shift emphasizes the increasing importance of subscription revenues for the company. Forte suggests that X might need to derive over half of its revenue from subscriptions, a significant pivot from its traditional ad-based model. The user base has also been affected, with U.S. monthly active users dropping by about 19% since Musk’s acquisition. This reduction is particularly concerning given that major advertisers like Apple, IBM, Sony, Disney, Comcast (including NBC Universal), and Paramount collectively contributed to 7% of X’s total U.S. ad spend through October this year, as per Sensor Tower data. If these large brands continue to retreat, X will have to rely more on smaller advertisers, which could further impact its revenue streams. Russ Mould, investment director at AJ Bell, reflects on Musk’s own admission that X is worth significantly less than the $44 billion he paid for it. Mould argues that the platform’s value is unlikely to rebound quickly, especially if advertisers are deeply offended by Musk’s recent statements. Elon Musk’s confrontational approach at the DealBook event may have far-reaching consequences for X. As major advertisers reassess their relationship with the platform, the company’s financial future hangs in the balance. Musk’s recognition of the potential for bankruptcy highlights the gravity of the situation, underscoring the need for a strategic rethink in X’s business model. Whether Musk’s leadership can steer the platform through these choppy waters remains to be seen, but the current outlook suggests a challenging road ahead for X.

Anatoly Yakovenko, the founder of Solana, has issued a warning on some community statements that could propagate the “Ethereum-killer” meme. The creator of Solana, Anatoly Yakovenko, warned the public in a post on the X app not to start a cold war between Ethereum (ETH) and other protocols, such as Solana (SOL), which are colloquially called “ETH Killer.” The Coexistence of SOL and ETH Yakovenko believes that spreading stories like this to disparage Ethereum is pointless since it damages the ecosystem. He proposed that protocols might coexist peacefully, without conflict or mutually fatal dangers. According to Solana’s co-founder, Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies. Additionally, Anatoly expressed hope for a time when Solana’s data will be accommodated by ample bandwidth thanks to a technology called “Danksharding,” which enables blockchain technology to add cheaper blocks. To put it in context, danksharding is an Ethereum rollup scaling technique that increases transactional throughput by giving roll-up transactions more storage space. Yakovenko’s Ethereum statement emphasizes how SOL and ETH may coexist peacefully, even overlapping at times. Founder of Solana Dashes ETH Rivalry Push Although the industry is beginning to praise Solana, Yakovenko has cautioned the community not to foster unwholesome competition on the Ethereum network. At that time, Rune Christensen, the CEO and co-founder of MakerDAO, revealed plans to split the protocol’s NewChain off of Ethereum and onto the Solana blockchain. Proponents of Solana who viewed the transition as a competition of the best reacted in some ways to the news. Yakovenko saw right away that open source has won in general. He then proceeded in saying, I really hope that people in the Solana community don’t use this as some cudgel to attack Ethereum. By calling it a “Coallition of poors and wealthy ppl who don’t understand where value actually comes from or how to create it, just that the things I want should be cheap,” an Ethereum community member going by the handle jebus.eth attempted to poke fun at Solana in October. The co-founder of Solana, however, was quick to reply, highlighting the fact that his protocol aims to create a fully stateless digital space where people can freely communicate and transact with each other without interference from government surveillance or capitalist middlemen. SOURCE:https://medium.com/@therealcryptojk/solana-founders-caution-debunking-eth-killer-narrative-5c538a83fae3

Velodrome frontend is Under Attack , DO NOT INTERACT IN ANY WAY.....⛔️ Velodrome The Central Trading & Liquidity Marketplace has been under a Attack as per their X post "Our frontend is currently compromised. Please do not interact with Velodrome for the time being. The team are investigating and will communicate more here when we have it.... Velodrome is the is the liquidity hub of Optimism Mainnet. according to the X User zachXBT , Looks like stolen funds are going to these two addresses... 0x02BA13f39D7df9C3F7592257b636eD6C7CC4ae78 0xf64fCEdFCe714Bbe835761e54D7067f2f8231443

Arbitrum (ARB) is Preparing to Debut! #Arbitrum (ARB), which has been around 1 dollar for a long time, approached the potential breakout with a 7 percent increase in the last two days. The crypto market continues its bullish progress. BTC's rise to the 39 thousand dollar band put altcoins on the attack again. BTC followed an up-and-down chart last week. For this reason, retreats were seen in altcoins. Especially major coins followed a calm price chart with #BTC factor. ARB, one of these majors, has been around $1 for a long time. ARB, which draws attention with its calmness in the 1 dollar region, rose by 7 percent in two days and is on the verge of a significant breakout. #ARB could rise to $1.20 if market conditions remain positive. Popular tier-2 project Arbitrum (ARB) is preparing to debut after remaining calm in the $1 region for a long time. ARB is up 7 percent in the last two days. ARB failed to accompany the positive crypto market in November. The popular cryptocurrency started its decline at $1.22 on November 8 and completed it at $0.95 on November 22. ARB, which regained $ 1 towards the end of November, exhibited calm price movement in the $ 1 region. ARB, which could not take off despite all expectations, started December strong. ARB experienced a 7 percent increase throughout December. The popular cryptocurrency rose from $1 to $1.0790. The Layer-2 project experienced a 12 percent volume increase in the last 24 hours. ARB volume reached $219 million in the last 24 hours. $BTC $ARB

A recent ruling by a French court has sparked controversy and disappointment within the cryptocurrency community. On December 1st, the court ruled in favor of Mohammed and Benamar M, the suspects arrested in February 2023 for their involvement in an attack targeting the DeFi protocol Platypus Finance on Avalanche, resulting in damages of approximately 8.3 million euros (over 9 million USD). The court’s decision was based on a crucial distinction: the hackers did not intrude into Platypus Finance’s system but exploited vulnerabilities within the project’s smart contract. This distinction was deemed insufficient to constitute criminal wrongdoing. During the trial, the hackers presented an argument asserting their intent was altruistic. Upon discovering flaws in Platypus’ lending mechanism while researching the project, they exploited these flaws to withdraw funds, intending to return them to the project and claim a reward. However, due to an operational error, 7.8 million euros were inadvertently transferred to an inaccessible wallet. The remaining amount was withdrawn to a personal wallet and further laundered through mixers to conceal the origin. The prosecution labeled this as blatant theft, recommending a 5-year prison sentence for Mohammed M and a suspended 6-month sentence plus a fine of 20,000 euros for accomplice Benamar M. Despite the prosecution’s stance, the court sided with the defense, contending that the hackers leveraged vulnerabilities within a computer system, “yielding a higher value than the initial programming.” They emphasized that the suspects did not breach Platypus’ internal system but interacted solely with the smart contract provided by the project. Consequently, the court did not deem this as hacking or criminal conduct. Charges of money laundering and concealing illegally obtained assets were also dismissed. However, while the court ruled in favor of Mohammed and Benamar M, it did not acknowledge the defense’s prior claim of a well-intentioned attack. The court highlighted the hackers’ obligation to return the borrowed funds and left room for Platypus Finance to pursue civil charges. The verdict has left many in the cryptocurrency community disappointed, with several expressing their dismay on platforms like Twitter. The Paris criminal court’s decision not to hold the perpetrators of the Platypus Finance attack accountable under French criminal law has stirred controversy and raised questions about the legal ramifications of protocol hacks within the cryptocurrency space. Source: https://azcoinnews.com/french-court-clears-platypus-finance-attacker-of-charges.html

Staking your cryptocurrencies is a great way to earn passive income by supporting the security and operation of a blockchain network.  Notwithstanding, staking also involves some common mistakes that can reduce your earnings and expose you to serious risks. In this article, we will reveal the top 5 crypto staking mistakes that you need to avoid and how to fix them. We will also recommend some of the best platforms or services for staking crypto. Read on to learn more. The top 5 crypto staking mistakes to avoid are falling for a high yield without considering inflation and token price, choosing the first validator in the list without doing research, not knowing how to choose a validator based on performance and reputation, choosing the easiest staking option without understanding the trade-offs, and paying excessive commissions or fees to staking platforms or services.  Want to make it in crypto? Here are a few tips! 👇🧑‍🏫Part 2🧑‍🏫– You WILL make mistakes, learn from them. – Patience is a virtue, learn to hold– Learn about passive income (staking)– Don't FOMO– Don't buy at ATH– Take profits! Leave a like a for more!💛#CryptoTips https://t.co/CDkqeSj6ML — Sjuul | AltCryptoGems (@AltCryptoGems) March 29, 2022 What’s Crypto Staking? For starters, what is a ‘stake’? A ‘stake’, in crypto, is the number of coins that the validator has locked up to become a validator, which can indicate their commitment and their credibility. From a bird’s eye view, a high stake means that the validator has a large stake in the network, which can result in higher rewards and higher penalties for the validator. Reversing that, a  low stake means that the validator has a small stake in the network, which can result in lower rewards and lower penalties for the validator. In light of the above, crypto staking is a way of earning passive income by locking up your crypto coins in a network that supports a Proof-of-Stake (PoS) consensus mechanism, which is an alternative to Proof-of-Work (PoW) consensus mechanism, commonly used by Bitcoin. Staking is similar to putting money in a savings account, where you earn interest over time.  Read this comprehensive guide by DroomDroom on proof-of-stake and proof-of-work consensus mechanisms in crypto to learn more about the concepts. A consensus mechanism is a method of securing a blockchain network by having validators agree on the validity of transactions and create new blocks. Validators are rewarded with new coins and transaction fees for their service.  Comparatively, PoS is more energy-efficient, scalable, and secure than PoW, as it does not require miners to compete for computational power and electricity to validate transactions and create new blocks. Instead, stakers are randomly selected to propose and validate new blocks, based on their stake and their behavior. One of the most underrated aspects of crypto is that it creates enormous income opportunities for people who live in less developed countries.-Mining-Staking-Interest accountsThere will be many more in the future, but the democratization of financial services is underway. — Pomp 🌪 (@APompliano) November 12, 2019 P.S. Not all cryptocurrencies support staking. only those that use a PoW consensus mechanism die. Top 5 Crypto Staking Mistakes to Avoid  Crypto staking can be a lucrative and exciting way of investing in the crypto space, but it also comes with some risks and challenges. If you are interested in staking your crypto, you should avoid these 5 common mistakes that could cost you hard-earned money or compromise the security of your digital assets. Falling For a High Yield Without Considering Inflation And Token Price One of the most common mistakes that crypto stakers make is to choose a cryptocurrency based on its high annual percentage rate (APR), which is the rate of return that you can earn by staking a cryptocurrency over a year, without taking into account the compounding effect of the rewards. APY (annual percentage yield), therefore, which takes into account the compound interest, is usually higher than APR, as it reflects the actual earnings that you can receive by reinvesting your coins/rewards.  That said, APRs are beneficial for borrowers in practical terms. But people who want to invest money should look at APY rates to increase their earnings. However, a high APR or APY does not always mean a high profit, because other factors affect your actual earnings, such as inflation and token price. Difference between APY and APR 🧵 Lots of crypto folks mistake one for the other, especially when during staking. So let's learn guys👇APR (Annual Percentage Rate)- This is a simple interest earned on an investment, the profit depends directly on the original investment.1/3 — Wendy J⚛️🟠🥷 (@Jessicalevi13) October 10, 2022 Inflation which is the increase in the supply of a cryptocurrency, can reduce its value over time. It should noted that inflation is not necessarily bad for a cryptocurrency, as it can also increase the demand and the price of the coin if the coin has a strong utility, a loyal community, and a limited supply.  For example, if a cryptocurrency has a high inflation rate of 100% per year, it means that the total amount of coins in circulation will double every year. This can lower the demand and the prices of the coin,  because there will be more coins available than people want to buy.  Therefore, even if you earn a high APY by staking the coin, you may end up losing money if the coin’s price drops more than the rewards you receive. This is a basic knowledge in crypto staking. Token price, on the other hand, is the market value of a cryptocurrency, which can change depending on the supply and demand, the popularity, the innovation, the competition, and the regulation of the coin. Besides those, the market sentiment, the media coverage, the social influence, and the external events of the coin are other factors that can affect the token price.  Say, for example, a cryptocurrency has a low market cap, which is the total value of all the coins in circulation, it means that it is less popular and less stable than a coin with a high market cap. Also, the token price of Dogecoin, a meme-based cryptocurrency, has been influenced by the tweets of Elon Musk, the CEO of Tesla and SpaceX, who has expressed his support and enthusiasm for the coin. Therefore, even if you earn a high APR by staking the coin, you may end up losing money if the coin’s price crashes due to a lack of interest, a security breach, a legal issue, a negative social influence, or a better alternative. In any case, to avoid this crypto staking mistakes, you should not only look at the APY but also the adjusted yield, which is the annualized reward rate adjusted by the inflation rate of the network supply. Adjusted yield is calculated by subtracting the inflation rate from the APY, and multiplying the result by the token price.  If a cryptocurrency has an APY of 10%, for instance, an inflation rate of 5%, and a token price of $1, the adjusted yield is (10% – 5%) x $1 = $0.05. This means that for every $1 that you stake, you will earn $0.05 in real terms, after accounting for the loss of value due to inflation. All these will tell you how much you are earning by staking the coin. You should also consider the token price, the market cap, the volatility, the liquidity, and the potential growth of the coin. You should diversify your portfolio by staking different coins with different characteristics so that you can reduce your risk and increase your chances of profit. To secure your ‘stakes’ and have an in-depth understanding of APY and APR, highly recommended you read this article: APR And APY In Crypto: A Complete Guide Choosing The First Validator in The List Without Doing Research Another common crypto staking mistake is to choose the first validator in the list without doing any research. A validator is a person or a company that runs a computer program that validates transactions and creates new blocks on the blockchain. By staking your coins to a validator, you are delegating your voting power and your rewards to them. However, not all validators are equal, and choosing the wrong one can cost you hard-earned money and security risks. Some of the risks of choosing the wrong validator are: Low Performance  If the validator has a low uptime–which is the percentage of time that they are online and available to validate transactions–you may miss out on rewards or even lose some of your stake. The uptime is not only affected by technical factors, such as the hardware, the software, the internet, and the power, but also by human factors, such as honesty, competence, and the availability of the validator. If the validator is offline for more than 12 hours, for instance, they may be slashed, which means that they will be penalized by losing some of their stake and their rewards. if the validator is dishonest, they may intentionally go offline to avoid being slashed, or to attack the network. Or say, the validator is incompetent, they may fail to update their node or software, or to fix their bugs or errors. Any or all of these will affect you as a delegator because you will share the same fate as the validator. High Commission If the validator charges a high commission, which is the percentage of rewards that they keep for themselves, you may earn less than you expected. Take, for instance, the validator charges a 20% commission, which means that they will take 20% of the rewards that you earn by staking your coins to them. This will reduce your net profit and your return on investment. P.S. In crypto staking, commission is not only determined by the validator, but also by the network, the platform, and the service. Low Reputation  If the validator has a low reputation, which is the level of trust and respect that they have in the crypto community, you may expose yourself to fraud or malpractice. For example, if the validator is dishonest, they may steal your coins, manipulate the network, or collude with other validators to gain an unfair advantage. This will harm your security and your integrity as a staker. The feedback and reviews of the stakers, the ratings and rankings of the platforms or services, and the endorsements and awards of the media or the industry also affect or determine reputation. To avoid these crypto staking mistakes, you should do some research before choosing a validator. You should look at their performance, their commission, their reputation, their stake, their self-bond–the number of coins that the validator has staked from their wallet, which can indicate their confidence and their skin in the game–, their slashing history, their social media, and their website. You should compare different validators and choose the one that offers the best balance of rewards, security, and reliability. You should also diversify your stake by delegating to different validators so that you can reduce your dependence and likewise minimize the risk. Not Knowing How to Choose a Validator Based on Performance And Reputation A relatable mistake that crypto stakers make is not knowing how to choose a validator based on their performance and reputation. As we mentioned before, these are two important factors that affect your rewards, your security, and your reliability as a staker. Frankly, it can be hard to find and compare information about different validators, especially if you are new to crypto staking. As a result, you may end up choosing a validator based on their rank, their name, or their logo, which are not reliable indicators of their quality. To avoid this crypto staking mistake, you should use some tools and resources that can help you find and compare validators based on their performance and reputation. Some of these tools and resources are: Staking Platforms Some of the best staking platforms are Coinbase, Binance, Kraken, and Crypto.com. You can check out their website for staking options. Staking Calculators These are tools that let you estimate your potential rewards and risks by staking your coins to validators. They usually require you to input some parameters, such as the number of coins, the APR, the commission, the inflation, the token price, and the slashing probability. They then calculate your expected returns, your break-even point, your net profit, and your risk-adjusted return. Staking Rewards, Staked, and Stake. Fish are some of the best staking calculators. Staking Explorers Lastly, staking explorers are tools that let you monitor and analyze the activity and the status of validators and stakers on the blockchain. They usually provide a dashboard that shows the network statistics, the validator statistics, the staker statistics, the rewards, the penalties, the events, and the trends.  Examples of some of the best staking explorers include Tezos Agora, Cosmos Big Dipper, and Polkadot Subscan. Choosing the Easiest Staking Option Without Understanding The Trade-offs Another common mistake that crypto stakers make is to choose the easiest staking option without a good grasp of the trade-offs (that is, the individual pros and cons of the staking options).  We should immediately point out that Staking can be done in different ways, depending on the type of cryptocurrency, the type of platform, and the type of service. However, each staking option has its advantages and disadvantages, and choosing the wrong one can affect your rewards, your security, and your flexibility. Some of the main staking options available to stakers are: Solo staking Delegated staking Platform staking. Here is a sharp summary of the pros and cons of the rewards, the security, and the flexibility of each crypto staking option: Solo crypto staking may offer higher rewards, as you do not have to share them with anyone, but also lower security, as you have to protect your node and your stake from hackers and attackers, and lower flexibility, as you have to keep your node online and updated at all times.  Delegated crypto staking may offer lower rewards, as you have to share them with the validator, but also higher security, as you can rely on the validator to protect your stake and your rewards, and higher flexibility, as you can choose and change your validator at any time.  Platform crypto staking, on the other hand, may offer lower rewards, as you have to pay fees or commissions to the platform, but also higher security, as you can trust the platform to safeguard your coins and your rewards, and higher flexibility, as you can stake and unstake your coins at any time. How do you avoid this type of mistake? You should understand the trade-offs of each staking option and choose the one that suits your goals, your preferences, and your capabilities. You should also diversify your staking options by using different platforms, different validators, and different coins so that you can optimize your rewards, your security, and your flexibility. Paying Excessive Commissions or Fees to Staking Platforms or Services The last common crypto staking mistake that crypto stakers make is to pay excessive commissions or fees to staking platforms or services. As we mentioned before, staking platforms and services are intermediaries that facilitate and simplify the staking process for you. However, they also charge you for their services, either by taking a percentage of your rewards, or by charging you a fixed fee per transaction, per month, or year.   These commissions or fees can reduce your net profit and your return on investment, especially if they are too high or too frequent. Some of the reasons why staking platforms and services charge commissions or fees are to cover their operational costs, such as the hardware, the software, the bandwidth, the electricity, and the maintenance of their nodes or servers. secondly, to provide additional features, such as security, insurance, customer support, the user interface, and the analytics of their platforms or services. Lastly, these platforms charge these charges to make a profit, as they are businesses that need to generate revenue and income. Users can fix the crypto staking mistakes by comparing commissions or fees of different staking platforms and services, and choose the one that offers the best value for your money. You should also consider the quality, reliability, and reputation of the platform or service, as well as the benefits, the risks, and the trade-offs of using them. You should also be aware of the terms and conditions, the policies, and the regulations of the platform or service, as they may affect your rights and obligations as a staker. How to Fix Your Crypto Staking Mistakes And Improve Your Returns? If you have made any of the crypto staking mistakes that we have discussed, do not worry, because you can still fix them and improve your returns. Below,  we have  highlighted some steps that you can take to walk back from crypto staking mistakes and optimize your staking strategy: Review your staking portfolio and analyze your performance, your rewards, your risks, and your costs. Identify the areas where you can improve and the areas where you are doing well. Research the latest trends, the best practices, and the best opportunities in the crypto staking market. Learn from the experts, the influencers, and the community. Stay updated and informed about the developments and the changes in the crypto staking industry. Adjust your staking portfolio and your staking strategy according to your goals, your preferences, and your capabilities. Experiment with different staking options, different platforms, different validators, and different coins. Find the optimal balance of rewards, security, and flexibility for your staking needs. Monitor your staking portfolio and your staking strategy regularly and consistently. Track your progress, your results, your feedback, and your feedback. Evaluate your performance, your rewards, your risks, and your costs. Make changes and improvements as needed. Not all crypto losses are irrecoverable, some be recovered. Read this comprehensive article by DroomDroom to find out all you need to know about impermanent loss in crypto. What Are Some of The Best Platforms or Services For Staking Crypto? Many platforms and services offer crypto staking services, but some of them are better than others, depending on your staking goals, your staking preferences, and your staking capabilities. Below are 7 of the best platforms or services for staking crypto, based on their features, benefits, reputation, and reviews: Coinbase Binance.Us  Kraken Crypto.com Gemini KuCoin Bitstamp Final Words Crypto staking is a great way of earning passive income by locking up some of your cryptocurrencies to support the security and operation of a blockchain network. However, crypto staking also involves some mistakes and challenges that you need to be aware of and avoid. In this article, we have explained the top 5 crypto staking mistakes to avoid and how to fix them. We have also suggested some of the best platforms or services for crypto staking. We hope that this article has helped you to improve your crypto staking knowledge and skills and to optimize your crypto staking strategy and returns. Happy staking!