After months of delays, Ethereum validators can finally withdraw their staked Ether and rewards from the Ethereum mainnet. The Shapella hard fork has officially been executed on the Ethereum mainnet — meaning that Ethereum validators can finally withdraw their staked Ether from the Beacon Chain. The long-awaited upgrade took effect at 10:27 pm UTC on April…
The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode. Ethereum staking deposits have declined slightly in recent weeks due to increased regulatory pressure and the Shapella upgrade slated for April 12. On April 9, on-chain analytics provider Glassnode reported on the current state of the Ethereum staking…
While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman. While it may have some short-term negative impact on the price of Ether, the upcoming Shanghai upgrade will be extremely bullish for Ethereum’s native token, as it…
Despite advancements across the industry, many of today’s cryptocurrencies still have the same security protocols in place as first-generation releases. Blockchain tokenization experiments began in 2012 with “colored coins.” However, despite this initial release, many agree that it wasn’t until 2014 that tokenization’s full potential was achieved with the release of the scripting language that…
The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to onboard…
The new funds will be used to increase headcount and expand the cross-chain messaging protocol’s presence in the Asia-Pacific region. Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an April 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific…