staked

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21 May 23

Ripple scores against SEC, blockchain adoption in China and South Korea, more ETH staked| Weekly recap

This week, a judge adjudicating the ongoing Securities and Exchange Commission (SEC) versus Ripple, the blockchain company, issued a landmark ruling. At the same time, Ripple announced crucial strategic expansions. Also, the number of staked ethereum (ETH) rose to record highs. Meanwhile, crypto adoption rate remained considerably high despite ongoing regulatory considerations. The crypto scene […]

19 May 23

Staked ETH crosses 20m mark one month after Shapella upgrade

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the recent Shapella upgrade, the proof-of-stake blockchain has now enabled withdrawals for the first time, resulting in a surge of activity among ETH holders who are eagerly staking their tokens with network validators. As a result, deposit activity has reached […]

18 May 23

Dormant ethereum whale and ICO participant just staked $7m

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A dormant ethereum (ETH) whale who participated in the initial coin offering (ICO) in 2014 has resurfaced, encouragingly staking millions of coins. Lookonchain data reveals that the whale, who has been inactive for years, recently created a new contract and staked […]

14 Apr 23

Nearly 400 IoTeX users staked IOTX 468m in vote pushing forward IIP-14

Nearly 400 IoTeX community members voted 99.2% in favor of IoTeX’s Improvement Proposal 14 (IIP-14). DAO governance voters staked over 484m IOTX, equivalent to approximately $13m, the CEO and co-founder, Raullen Chai, announced. “Our community has voted overwhelmingly in favor of Account Abstraction, a highly effective feature to make our platform more user-friendly and safe […]

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12 Apr 23

Less than 1% of staked ETH will be sold, Glassnode reassures

Glassnode predicts less than 1% of the staked ETH will be sold amid the upcoming Shanghai upgrade. The analytic’s company assumption is that just 253 validators had signed up to leave their staked ether (ETH) position, hence supporting their prognosis. Only 170,000 ether out of 18.1 million ether staked on the Beacon Chain would be […]

11 Apr 23

Ethereum’s staked supply could increase while a price drop is expected

The Shanghai upgrade will allow the network’s validators to withdraw their staked funds by executing the Ethereum improvement proposal (EIP) 4895. The Shanghai Ethereum upgrade, also known as the Shapella fork, is expected to be implemented on April 12. With the upgrade coming, a drop in the ethereum (ETH) price is expected. At the time […]

22 Mar 23

a stable asset using staked MATIC

DeFi, a wing of finance powered by blockchain technology, is responsible for users earning high yields. The past few years have been instrumental in its rise as investors made huge returns, often higher than what traditional finance offers. That said, earning yields in DeFi also have inherent risks that amplify the inconveniences associated with the […]