Ethereum News

Ethereum News

Tech

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Liquidity. (Aditya Siva/Unsplash)

Markets

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)

Tech

Sell the Ethereum Merge

Many market participants think the highly anticipated Ethereum Merge will be bullish for ETH. The opposite is more likely.

(twomeows/Getty Images)

Layer 2

Crypto Market Chaos: No, Lido Is Not ‘the Next Terra’

After over $1 billion in liquidations in just 24 hours, DeFi’s wild west period may be drawing to a close – but not everything’s a sham.

(Jaroslaw Kwoczala/Unsplash)

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Markets

'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows

The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.

The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)

Opinion

How Much ETH Does Joe Lubin Hold?

As Ethereum gears up for the switch to proof-of-stake, how the network’s tokens have been distributed comes back into focus.

ConsenSys founder Joseph Lubin speaks at ETHDenver 2022 (Chet Strange/Bloomberg via Getty Images)

Videos

Why VanEck CEO is ‘Focused on Ether’ Over Bitcoin Right Now

VanEck CEO Jan van Eck discusses his outlook on the crypto market, as May CPI shows an increase of 8.6% year-over-year. He also explains why he’s more focused on ether (ETH) over bitcoin (BTC).

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Opinion

Tackling the Inflation Misinformation Machine

The current bout of inflation is transitory, but it’s far better than deflation.

Given a choice, inflation is a better option than deflation. (Peter Cade/Getty Images)

Finance

Optimism Attacker Returns 17M Stolen OP Tokens

The attacker was rewarded with 2 million of the tokens as a bounty.

The Optimism attacker has returned most of the OP tokens they took. (Christian Dubovan/Unsplash)