Nansen data shows the majority of ETH withdrawals in the most recent round were re-staked. Ethereum staking withdrawals are on their third “round,” but ETH staking deposits have nearly matched them. Keynote Ethereum staking withdrawals increased for the third time on April 24 and 25. Kraken, a cryptocurrency exchange, was responsible for the majority of…
Ethereum Pending Withdrawals Surpass $3B after Shanghai Upgrade. The amount of staked ether to be withdrawn has risen to over $3 billion since the deployment of Shanghai Upgrade. Keynotes Since the implementation of the Shanghai Upgrade, also known as the Shapella, the total amount of confirmed ETH withdrawals and incentives has surpassed $3 billion. According…
Ethereum Surges 6% Following the Shanghai Upgrade Amidst Analyst Speculations. The network appears to be soaring following its latest Shanghai upgrade. 🚀 Keynote According to CoinMarketCap data, Ethereum, the second-largest cryptocurrency by market capitalization, is currently up by more than 6% in the last 24 hours, with Ether (ETH) selling at roughly $1,986. This bullishness…
Ethereum Shanghai Upgrade is Complete, Unlocking $34 Billion of Staked ETH. The Shanghai hard fork, commonly known as “Shapella,” of Ethereum has been completed, allowing withdrawals of Staked ETH. Keynotes The Ethereum Shanghai upgrade was successfully executed at 22:27 UTC and completed at approximately 22:42 UTC, permitting withdrawals of staked ETH and effectively completing the…
As another of Ethereum’s many upgrades occurs today, its Shanghai upgrade (aka Shapella) is set for later today. Here’s what analysts are expecting about the Ethereum Shanghai upgrade. Keynotes Ethereum’s two-year journey to proof of stake will be completed this week with the release of the Shanghai upgrade on April 12. The change will bring…
The Ethereum development team completed the final shadow-fork test (shadow-fork-13) on Sept 9, 2022, before the Ethereum Merge which is scheduled to happen on or before the 19th of September. This indeed marks a remarkable moment in the history of Ethereum and DeFi. Keynotes What is Shadow Fork? Shadow forks basically mean carrying out a…
As you well know the Ethereum Merge has been the most talked about Integration within the past few months. Now some of the Industry giants explain how the Merge can influence enterprise adoption for business use cases focusing on the main developments and trends that are important to understand from a business perspective. According to…