Shapella


Tech

CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back

Following last week's milestone Shanghai upgrade, we moved to wind down CoinDesk's Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he's taken.

Legend of Zelda. (Nintendo)

Tech

Ethereum Unstaking Requests Now Face About a 17-Day Wait

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

(Shutterstock)

Tech

Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite

Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.

(Micheile/Unsplash)

Markets

Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner

By its very nature, bitcoin is stable and isn’t exactly the talk of the town, Michael Safai said.

(Israel Sebastian/GrettyImages)

Markets

Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

Ether's price chart (CoinDesk)

Videos

What’s Next Post-Ethereum ‘Shapella’ Upgrade?

Ethereum’s Shanghai hard fork, also referred to as "Shapella," has been completed, enabling withdrawals for users who have "staked" their ether (ETH) to secure and validate transactions on the blockchain. "The Hash" panel discusses the upgrade and what's next for the Ethereum ecosystem.

CoinDesk placeholder image

Tech

Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait

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.

Traffic (Creative Commons)

Videos

Ether Crosses $2K After Shanghai Upgrade

Ether (ETH) surpassed $2,000 on Thursday, reaching the highest point since August after a successful network upgrade called Shanghai, or Shapella. Besu Protocol Engineer Justin Florentine discusses the upgrade after Vitalik Buterin said, "we're in a stage where the hardest and fastest parts of the Ethereum protocol's transition are basically over.” 

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Markets

Binance to Support Ether Staking Withdrawals From April 19

Ethereum implemented the Shanghai upgrade early Thursday, opening withdrawals of more than 18 million ETH staked in the blockchain since late 2020.

(Nikhilesh De/CoinDesk)

Markets

Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

Crypto exchange Kraken agreed to shut down its U.S. crypto staking service in February as part of a settlement with the Securities and Exchange Commission.

Shanghai's Nanjing Road (Benjamin Pattin/Unsplash)

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