The proposal, initially introduced in February, could harden Ethereum’s native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.
Binance Staked Ether Experiences $573M in Inflows This Month
Binance’s staked ether token (BETH) experienced $573 million in deposits across two single days in September, more than quadrupling total value locked to $731 million, DefiLlama data show.
Trader Redeems $12.3M of Rocketpool’s Staked Ether to Mark Largest Daily Burn
Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance.
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
The company raised $4.2 million in seed round, led by ElectricCapital.
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.
Ethereum Shanghai Upgrade Brings Record Inflow of 572k ETH Staked in a Week
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts said.
Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking
Largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows.
Ethereum Unstaking Requests Now Face About a 17-Day Wait
The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
Ether, Dogecoin Lead Crypto Market Bounce; Lido’s Staked Ether Breaks Into Top Ten
Shapella’s stable rollout likely drove positive sentiment to Ethereum staking-based protocols.
Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait
Validators looking to fully exit the chain could be looking at a wait of up to 14 days, to get their crypto back, according to Rated Network’s explorer.
Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals
The Shapella upgrade was triggered at 22:27 UTC and is processing withdrawal requests.
Ethereum’s Shanghai Upgrade: Here’s Our Guide to Watch Parties, Blockchain Tools
Various factions of the Ethereum community are planning watch parties to witness the first-ever withdrawals of staked ether, with the blockchain’s Shanghai upgrade (aka “Shapella”) set for Wednesday at 22:27 coordinated universal time (6:27 p.m. ET).
What’s Next After Ethereum’s Shanghai Upgrade?
Ethereum is expected to address the implementation of proto-danksharding in the months after Wednesday’s Shanghai upgrade (also referred to as “Shapella”), as well as other mechanisms that will make the blockchain more scalable. Last year saw the Merge. Now comes the Verge, Purge and Scourge.
Ethereum’s Shanghai Is Nearing, but When Can I Withdraw My Staked ETH?
Even though the Ethereum blockchain’s Shanghai hard fork (also known as Shapella) will go live April 12, you might not receive your rewards immediately if you have staked ETH with a staking service or a staking pool.
Wormhole hacker moves $155M in biggest shift of stolen funds in months
Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds around different DeFi protocols.
64% of staked ETH controlled by five entities — Nansen
New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms.
Ethereum staking service Lido announces layer-two expansion
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”