shapella upgrade
Ethereum's Shapella Upgrade Complete
Ethereum's Shapella upgrade has been successfully completed, allowing validators to withdraw their staked Ether on the Beacon chain. Over 44% of active validators have the ability to request partial or full withdrawals, with most withdrawals being for staking rewards. Major exchanges have announced their support for ETH unstaking, with several already processing withdrawal requests.
Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion
The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.
Ethereum staking volume surpasses withdrawal volume post-Shapella upgrade
After the successful Shapella upgrade, Ethereum's staked ETH volume has surpassed the withdrawal volume for the first time. According to data from Nansen, more ETH is currently being staked than withdrawn, with the staking volume reaching 124,000 ETH, while the withdrawal volume is at 64,800 ETH. The majority of validators are restaking their unlocked Ether, and early withdrawals are primarily staking rewards.
Coinbase warns of delays for ETH unstaking after Ethereum Merge
Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."
TomoChain Prepares for Zorro Network Upgrade
Smart contract platform TomoChain today released details of an upgrade to its network. The Zorro Network upgrade will take place on January 22nd and will improve the functionality of the Ethereum Virtual Machine (EVM) — a collection of nodes that ensure security for the Ethereum network.
ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.
Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know
Cardano’s blockchain upgrade, dubbed Mary, is set to go live today at 21:44 UTC.
IOHK Rolls Out Shelley Upgrade to Cardano Ahead of Public Participation on the 7th of July
IOHK rolls out Shelley upgrade to Cardano ahead of public participation on the 7th July
Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?
Binance upgrades its cryptocurrency exchange platform and says it the biggest upgrade they've done in years.
IOTA Works Towards Chrysalis Upgrade, MIOTA Price Predictions are High
The IOTA 1.5 network upgrade, also known as Chrysalis is quickly approaching, with IOTA’s new wallet, Firefly introduced last week.
Ethereum To Become a Deflationary Asset and See Its Supply Reduced with Proposed EIP 1559 Upgrade
Ethereum has a planned upgrade for July through which its cryptocurrency supply will be reduced. This is bullish for the price of ETH.
Bitcoin Cash Network Upgrade Will Continue as Planned Despite Tensions Within the BCH Community
The Bitcoin Cash (BCH) network’s planned upgrade has been scheduled for November 15, 2020, which includes improvements to the Bitcoin ABC node software.
Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade
Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.
IOTA Foundation Announces Release Date of IOTA 1.5 Network Upgrade Chrysalis
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development announced today that the first phase of its Chrysalis upgrade will be live on August 19.
Aave Launches Upgrade, DeFi Tokens to Gain as Bitcoin Fails to Break $16K
Aave DeFi protocol launched an upgrade on its public testnet today. The news comes as Defi tokens may be preparing for a bull run, with Bitcoin failing to rally.
HackerOne User Finds Critical Bug in MakerDAO Upgrade
MakerDAO has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users thanks to HackerOne user lucash-dev.