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Shanghai Upgrade

cryptocurrency October 8, 2023

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Advertisements Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, […]

cryptocurrency April 22, 2023

Ethereum, the world’s second-largest cryptocurrency, has seen its recent rally come to a screeching halt as Ethereum (ETH) has erased all of its gains in the wake of the highly anticipated Shanghai upgrade.  Advertisements While many had high hopes for this upgrade, which promised to improve the network’s speed and scalability, the market seems to […]

cryptocurrency April 13, 2023

Almost 24 hours ago, the Ethereum (ETH) long-awaited Shanghai Upgrade took place successfully. Many have anticipated a dip alongside the upgrade. However, contrary to expectations, the price of Ether (ETH) has been on an upward trajectory since the upgrade took place. Advertisements Over the past 24 hours, following the Shanghai launch, Ethereum has recorded a […]

cryptocurrency April 12, 2023

Advertisements Summary: Ethereum validators will finally be able to access 1.1 million ETH in rewards just days after developers unlock staked Ether with the Shapella upgrade. Validators will be able to make partial withdrawals from around $2 billion in rewards, with the option of full withdrawals depending on the validator entity. Staked ETH depositors and […]

cryptocurrency April 10, 2023

Advertisements Summary: The Shanghai-Capella upgrade scheduled for April 12 should unlock over $30 billion in staked ETH on Ethereum’s beacon chain. Clients are advised to upgrade their nodes ahead of Shapella’s arrival, core developer Tim Beiko said. It’s unclear if selling pressure might increase after the unlock enables withdrawals for over 16 million stETH. Ethereum’s […]

cryptocurrency March 30, 2023

The second biggest cryptocurrency, Ethereum, has been generating buzz in the past few days as the market rebounded. At the time of writing, the global cryptocurrency market is up 2%, according to CoinGecko’s latest data. This has presented a bullish signal for investors, which is certainly the reason for Ethereum’s recent price ascent. Advertisements The […]

cryptocurrency March 25, 2023

Earnings from transaction fees on the network declined by 3.66% over the previous week. The Open Interest (OI) for ETH rose, complementing the increase in price. In preparation for the much-anticipated Shanghai hard fork which is scheduled to go live on 12 April, Ethereum [ETH] developers asked all network validators to upgrade their nodes. Advertisements […]

cryptocurrency March 18, 2023

The Goerli testnet witnessed a dip in participation rates. More than 15% of ETH’s total circulation supply was staked at press time. The highly-anticipated Shanghai upgrade also called Shapella, that would enable the withdrawal of staked Ethereum [ETH] has finally got a mainnet launch date, as decided during the network’s All Core Developers Call. Advertisements Much […]