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Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.

Ethereum Price Rally to Continue as Over $529 Million Staked Ahead of ETH 2.0 Launch

Ethereum Price Rally to Continue as Over $529 Million Staked Ahead of ETH 2.0 Launch

In anticipation of the Ethereum 2.0 Phase 0 launch, an enormous amount of Ethereum has already been staked for its deposit contract as part of the PoS network.

2% of Ethereum Supply Is Now Staked in ETH 2.0 Deposit Contract

2% of Ethereum Supply Is Now Staked in ETH 2.0 Deposit Contract

Amid the notable uptrend it experienced in recent weeks, 2% of Ethereum's total supply is now staked in ETH 2.0 deposit contract.

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.

Ethereum Testnet Successfully Upgrades for Upcoming Shanghai Hard Fork

Ethereum Testnet Successfully Upgrades for Upcoming Shanghai Hard Fork

Ethereum's Sepolia testnet has undergone a successful upgrade simulating the upcoming Shanghai hard fork expected to take place on the mainnet in March. The upgrade, called "Shapella", allows validators to withdraw their staked Ether and rewards on the execution layer.

ETH Price Surpasses $2,000 Despite New Supply After Shapella Update

ETH Price Surpasses $2,000 Despite New Supply After Shapella Update

Despite concerns of a potential dump due to a new supply of Ether hitting the markets after the Shapella update, the price of ETH has surpassed $2,000 and maintains the level. Only around 1% of staked ETH may hit the market after Shapella, according to crypto analytics firm Glassnode. Crypto exchanges have expressed support for ETH unstaking.

Ethereum's Shapella Upgrade Complete

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.

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EigenLayer, the second-largest DeFi protocol with $15.952 billion in total value locked, recently announced its native token's stakedrop. However, the distribution details have sparked disappointment and criticism within the crypto community. This article explores the allocation strategy, criticisms, and potential implications for EigenLayer.

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

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.

Kraken Exchange Acquires Non-Custodial Staking Platform Staked

Kraken Exchange Acquires Non-Custodial Staking Platform Staked

Kraken trading platform has acquired Staked, a non-custodial staking platform for an undisclosed sum.

Ethereum staking volume surpasses withdrawal volume post-Shapella upgrade

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.

Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets

Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets

To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.

Ethereum Milestone: Validator Count Hits 1 Million with $114 Billion Staked

Ethereum Milestone: Validator Count Hits 1 Million with $114 Billion Staked

Ethereum's network validators surpass the 1 million mark, with 32 million ETH staked through platforms like Lido, accounting for 26% of its total supply.

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.

Cardano Now the Biggest Proof-of-Stake Network as ADA Flips Polkadot (DOT) to Become 7th Top Crypto

Cardano Now the Biggest Proof-of-Stake Network as ADA Flips Polkadot (DOT) to Become 7th Top Crypto

The total amount staked on Cardano (ADA) has officially surpassed that on Polkadot (DOT), making Cardano the largest proof-of-stake network as of now.

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.

Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days

Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days

Glassnode recently noted that the total value staked on Ethreum has reached over 1.5 million ETH.

Ethereum’s Launch Ready for Take-Off as Deposit Contract Target Met, ETH Price Smashes $600

Ethereum’s Launch Ready for Take-Off as Deposit Contract Target Met, ETH Price Smashes $600

Ethereum 2.0’s launch is going to happen on December 1 at 12 pm, as the required number of staked Ether for the deposit contract was locked in late last night.

McAfee Admits 2020 Bitcoin Million Dollar Price Prediction Was a Ruse

McAfee Admits 2020 Bitcoin Million Dollar Price Prediction Was a Ruse

John McAfee, creator of the McAfee cybersecurity company has finally admitted that his famous 2020 million dollar Bitcoin price prediction, to which he staked his sex organ, was just a ruse to attract new users.

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