Ethereum Watch

Advertisements Lido Finance has enabled Ethereum withdrawals after its V2 mainnet went live earlier today.  The community behind the DeFi staking platform passed an on-chain vote to approve the transition to version 2.  Lido’s governance token has gained more than 12% following the latest developments.  Lido Finance, the largest Ethereum staking protocol, has activated the […]

Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data compiled by 21 Shares Research. Advertisements A Research Analyst at 21Co, Tom Wan, noted that these exchanges were responsible for withdrawing over 877,000 ETH — amounting to 87.5% of all ETH […]

– The Shapella update triggered the withdrawal of thousands of ETH worth millions of dollars. Advertisements -Despite concerns about market impact, Ethereum investors remained optimistic as the price defied predictions and stayed above $2,000. The recent Ethereum [ETH] Shapella update brought about the long-awaited unlocking of staked ETH. This development was met with mixed predictions […]

Ethereum validators have earned 1.1 million ETH ($2.007 billion) in staking rewards since January 2021, according to Delphi Digital data. Advertisements Ethereum validators started staking in 2021, soon after the launch of the Beacon Chain. Since then, their reward has steadily grown as more validators joined the network. Ethereum Validators Earning (Source: Delphi Digital) Over 67k […]

On Thursday, it was revealed that crypto exchange Kraken reached a settlement with the Securities and Exchanges Commission (SEC) to stop offering staking services for Ethereum and similar cryptocurrencies. This news understandably triggered a dip in the prices of digital assets across the space, but the question now becomes, where does all of the staked […]

ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted.  The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ruling. According to a 10 February tweet by Wu Blockchain, Kraken, the second-largest exchange in the U.S., “immediately” ceased its crypto staking-as-a-service platform […]

ETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The world’s second-largest cryptocurrency will undergo a major upgrade in the first quarter of next year. At the 151st Ethereum Core Developers Meeting held on […]

ETH receives a 30% discount as the market crashes Whales holding 32 ETH reach new ATH Ethereum [ETH] experienced a sizable discount this week as the latest FTX-related events wreak havoc on the market. ETH reverted to price levels below $1,200 and the last time it was within this range was in July. Advertisements Read […]

It has been a little more than two weeks since the world’s second largest cryptocurrency Ethereum [ETH] went through a landmark alteration. ETH managed to switch from the energy intensive proof-of-work (PoW) consensus model to the eco-friendly proof-of-stake (PoS) model, in what came to be known as the Merge Advertisements In simple words, this Merge […]

What would happen to staking rewards on the post-merge Ethereum [ETH] proof-of-stake blockchain? Any idea? Consider the following scenario then. Advertisements Staking is one of the most awaited features of the post-Merge Ethereum network. According to IntoTheBlock, initial estimates claimed staking would give users between 12% and 15% in rewards. However, it seems like the […]