Ethereum News
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back
Following last week's milestone Shanghai upgrade, we moved to wind down CoinDesk's Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he's taken.
Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade
The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.
Ethereum Unstaking Requests Now Face About a 17-Day Wait
The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase.
Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 led ETH’s price to rally above $2,100, its highest level since May 2022.
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.
Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated
So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.
Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data
Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.
Decentralization Is the Point, and We’re Not Talking Enough About Why
The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody.
First Mover Americas: Ether Holds Above $2K
The latest price moves in crypto markets in context for April 17, 2023.
