- Written by: Lipika Deka
- Tue, 25 Apr 2023
- Estonia
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 […]