Ethereum Watch

Advertisements The milestone comes less than two years after the launch of its mainnet. According to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than two years after the decentralized finance (DeFi) protocol launched its mainnet on Nov. 9, 2021. […]

Advertisements Summary: JP Morgan analysts expect the ratio of staked Ether to move towards the 60% average on other Proof-of-Stake blockchains. The bank added that yield returns could dip while the number of validators on Ethereum should increase to over 2 million. JP Morgan also sees liquid staking protocols like Lido Finance claiming more ETH […]

ChatGPT’s ENS domain sold for 139x of its initial sale. Registrations remain in shambles despite an increase in 24-hour trading volume. Despite not being a part of AI token, Ethereum Name Service [ENS] became part of the cryptocurrencies that have gained from ChatGPT’s rise. According to the sales bot of the open naming system, the […]

Charles Hoskinson, the founder of Cardano, thinks the entire staking model used in Ethereum is problematic.  Advertisements The Ethereum Staking Model is Flawed, Says Cardano Founder Charles waded into the staking discussion following Brian Armstrong’s unconfirmed rumors that the United States Securities and Exchange Commission (SEC) planned to ban retail crypto staking in the country. Ethereum relies […]