Tags: proof of stake

Kraken’s staking relaunch currently supports 17 crypto assets and plans to expand access as regulations permit more states to participate.

Ethereum’s top 10 stakers dominate nearly half of all staked ETH, while Polygon shows healthier decentralization in staking activity.

Ethereum’s ETH2 Beacon Deposit Contract currently holds over a third of the network’s supply. 

Over 24% of the total Ethereum supply is currently being staked indicating broad acceptance and confidence in network’s Proof-of-Stake mechanism.

Although the product may be attractive to users without technical abilities, it may not be the best solution out there.

The minimum staking threshold needed to run a validator has now dropped to 50k FTM.

Buterin proposes reducing signatures on Ethereum to 8,192 per slot for technical simplification and improved quantum resistance.

Altcoins previously flagged securities by the SEC witnessed large gains following the court’s ruling in the XRP case.

The continued crackdown on crypto exchanges and their services in America could potentially increase risks in the Ethereum staking ecosystem.  

The amount of staked Ether has surged beyond 21.3 million.

Shapella upgrade enabled withdrawals for the first time from the proof-of-stake blockchain.

Ethereum liquid staking platform Lido has enabled staked ETH withdrawals as part of its V2 upgrade launch.

The next phase of Ethereum staking withdrawals is underway and the outflow is predominantly due to Kraken.

The upgrade pushed ETH’s price to the highest level since May 2022.

The amount of ETH withdrawn from the Beacon Chain reached 1 million. However, withdrawals are slowing, and deposits are still putting some back.

Kraken is immediately unstaking its client’s ETH ahead of a major update that will enable withdrawals on Wednesday. 

The date has been set for the long-awaited Ethereum Shanghai upgrade which will allow phased staking withdrawals.

After over 2 years, early ETH stakers may finally withdraw their stake starting April 12.

Bitcoin and ETH are losing momentum after an SEC crackdown against staking services on Thursday. 

Coinbase chief executive Brian Armstrong has raised concerns about the SEC’s stance on crypto staking.

A testnet to enable the withdrawals of staked Ethereum ahead of the Shanghai upgrade will be launched today.

The Zug-based crypto firm is now eyeing to list the new product on Xetra Deutsche Boerse.

Over half a million validators are staking their ETH ahead of a crucial upgrade to enable withdrawals.