$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals
Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature. Go to Source Powered by WPeMatico
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DeFi exec breaks down what it takes to attract institutions to staking
In an exclusive interview with Cointelegraph, Alluvial chief product officer Matt Leisinger discusses the impact of liquid staking on the crypto ecosystem. Go to Source Powered by WPeMatico
The average person’s wealth will be ‘completely destroyed by inflation,’ says Arthur Hayes
Investing in assets “outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO. Go to Source Powered by WPeMatico
Round 3 of post-Shapella ETH withdrawals sees most re-staked: Data
Another chunk of ETH has been withdrawn due to Kraken, but most of it has gone straight back onto the network. Go to Source Powered by WPeMatico
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just … Read more
How to stake Cardano (ADA) in a self-custodial wallet
Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking? Go to Source Powered by WPeMatico
Ethereum is up 15% versus Bitcoin since Shapella — More ETH price gains ahead?
Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade. Go to Source Powered by WPeMatico
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana … Read more
Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined
The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion. Go to Source Powered by WPeMatico
Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term. Go to Source Powered by WPeMatico
