Staked eth


Tech

Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, but Fails to Finalize

The upgrade was pushed out on Monday, but it wasn't entirely clear why the test network was not finalizing.

The latest Ethereum upgrade, Pectra, is partly named after Electra, one of the "seven sisters" in the star constellation known as Pleiades, shown in an artistic rendering here inside the ring of circles. (Wikipedia)

Tech

Lido Goes Modular With Vault-Based 'V3' Upgrade

Lido V3 introduces stVaults, a customizable staking system designed for institutions and more complex investment strategies.

Bank vault (Wikipedia)

Markets

Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest

The growing use of stETH in DeFi protocols means ether’s yield is slowly taking the role of the federal funds rate in the crypto ecosystem, according to a report from Ark Invest.

Cathie Wood, CEO of ARK Invest, at Consensus 2024 by CoinDesk (Suzanne Cordiero)

Tech

Ethereum Foundation Researchers' Proposal to Slow ETH Issuance Draws Pushback

The proposal, introduced in February, could harden Ethereum's native cryptocurrency, ether (ETH), as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.

Ethereum (ethereum.org)

Tech

Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws

This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.

Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)

Finance

Binance Staked Ether Experiences $573M in Inflows This Month

Two days of inflows fueled a more than fourfold increase in Binance staked ether's total value locked.

Binance staked ether TVL (DefiLlama)

Finance

Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn

The trader reportedly sent the ether to Binance after redeeming staked ether on Rocket Pool.

Trader redeems 6.72k ETH from Rocket Pool (Elena Mozhvilo/Unsplash)

Markets

Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi

Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.

Justin Sun (CoinDeskTV)

Finance

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

The company has raised $4.2 million in seed round led by Electric Capital.

(Getty Images)

Tech

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days

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.

(Robert Daly/Getty Images)

Pageof 2