Lido leads as Ethereum locked as liquid staking derivatives hits 10 million

The total number of Ethereum locked on liquid staking derivatives (LSD) protocols reached 10 million on June 29, according to data from DeFillama. Liquid staking protocols allow users to earn staking rewards while providing liquidity for other crypto-based activities, such as Lido (LDO) and Rocket Pool (RPL). Lido dominates LSDs DeFillama data tracks 22 liquid staking […]

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‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

Ethereum validators will soon be able to withdraw their Ether (ETH) from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12. Shapella will take effect at epoch 194,048, which is scheduled for 10:27 pm UTC on April 12, Ethereum core developers confirmed. The withdrawals will [...]

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Ethereum’s Shanghai Delivers Record-Breaking Staked Ether Of Over 1B

On April 12, Ethereum’s Shanghai upgrade was successfully implemented allowing the withdrawal of staked ETH and effectively finalizing the network’s years-long transition to proof of stake.  The network achieved another milestone as the upgrade catalyzed a record-breaking weekly inflow of ETH [ether] deposits for staking, primarily driven by institutional staking service providers and investors reinvested profits […]

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Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether that can be minted within a 24-hour timeframe. (Read More)

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Wormhole Attacker Moves $155 Million of Stolen Funds into Staked Ethereum (stETH)

The attacker behind the February 2022 Wormhole exploit has moved $155 million, converting the funds to staked Ether.

Continue reading Wormhole Attacker Moves $155 Million of Stolen Funds into Staked Ethereum (stETH) at DailyCoin.com.

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Coinbase launches liquid staking token to ‘keep Ethereum decentralized’

Coinbase has launched a liquid token for its users who staked their Ethereum (ETH) on its platform called cbETH, according to an August 24 announcement.

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Coinbase will shut down staking service if regulators mandate censoring transactions

Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator.

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MakerDAO identifies risks of an Ethereum hard fork

DeFi protocol MakerDAO (MKR) has identified seven risks its protocol faces if Ethereum (ETH) is forked.

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Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation

With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s [...]

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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

The post Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump appeared first on BTC Ethereum Crypto Currency Blog.

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Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue

The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait.

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Lido anticipates ‘large withdrawals’ as users’ staked Ethereum withdrawal requests increase

Liquid staking protocol Lido (LDO) anticipates its users making large staked Ethereum (stETH) withdrawals this week following the successful completion of its V2 upgrade. Withdrawal request spikes According to 21Shares researcher Tom Wan, Lido users have started increasing their withdrawal requests following the successful test of the feature. Wan identified a wallet that requested the […]

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Celsius moves $781M in stETH just as Lido withdrawals open

The bankrupt crypto lender has been moving its massive stash of staked Ethereum.

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Lido Enables stETH Withdrawals: See Who’s Withdrawing How Much

Celsius is among the largest potential stETH withdrawers.

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Lido rallies 12% as it enables staked Ethereum withdrawals

Liquid staking protocol Lido (LDO) will finally enable staked Ethereum (ETH) withdrawals after its community-supported enacting of the V2 upgrade. The protocol announced this development on May 15, saying final checks were occurring and users should stay tuned. Voting for the upgrade started on May 12 and met no resistance as all the 59.5 million […]

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ETH Validators Hit All-Time High as Juicy APR Attracts New Stakers

Over 49,000 new validators are waiting to enter the active validator set on Ethereum.

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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have [...]

The post Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork appeared first on Crypto Breaking News.

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Ethereum's Next Big Upgrade Goes Live TODAY, and $33.7 BILLION Worth of Locked Staked ETH Becomes Tradeable Again...

Ethereum's next big upgrade, Shanghai (aka "Shapella") set for Wednesday at 22:27 universal time, 6:27 p.m. Eastern US. 

With the upgrade those who staked ETH for the ETH 2.0 merge will be given access to their coins again - about 15% of the total ETH supply wroth around $33.73 billion will become tradeable again. 
Will there be a sell-off?
Ethereum's price is lower than when most people initially locked up their staked coins, so we're expecting people will continue to HODL if possible.  
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Trump win could fast-track first staked Ether ETF Nansen analyst

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

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Lido Watch Out! Vitaliks 1 ETH Proposal Could Redefine Ethereum Staking | Key Points | Oct. 15, 2024

In today's recap: Vitalik wants to trim staking barriers and finalize blocks faster on Ethereum.

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