[Jul 31, 2023 9:57 PM] The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens.
[Jul 28, 2023 11:30 AM] The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based…
[Jul 16, 2023 10:00 AM] Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the…
[Jun 19, 2023 6:28 AM] The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized.
[Jun 5, 2023 5:30 AM] Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means…
[Jun 2, 2023 5:57 AM] The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking.
[May 18, 2023 5:00 AM] Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols.
[May 9, 2023 1:56 PM] According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
[May 8, 2023 11:24 AM] As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.
[May 5, 2023 7:30 AM] A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing…
[May 3, 2023 8:41 AM] It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.
[Apr 21, 2023 1:40 PM] The new feature will allow users to reap staking rewards without requiring them to serve as validators for the blockchain’s transactions.
[Apr 19, 2023 5:00 AM] CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by…
[Apr 14, 2023 2:20 PM] 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.
[Apr 14, 2023 10:39 AM] 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.
[Apr 13, 2023 10:14 AM] Validators looking to fully exit the chain could be looking at a wait of up to 14 days, to get their crypto back, according to Rated Network's explorer.
[Apr 13, 2023 10:00 AM] On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000…
[Apr 13, 2023 5:52 AM] Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade.
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