“Allowing withdrawals, boosted by the recent popularity of liquid staking platforms, will make ETH staking much more accessible to retail investors who were previously unwilling to stake ETH for an undetermined amount of time,” said Chen Zhuling, CEO at staking service RockX, in a note to CoinDesk. Source
Tag: Ether
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
“ETH looks to regain ground against BTC as part of a broader capital rotation play,” one observer said. Source
Ethereum’s Shanghai Hard Fork Is Nearing, But When Can I Withdraw My Staked Ether (ETH)?
Full withdrawals, on the other hand, are when you remove the entire balance, including the 32 ETH, from the blockchain. This means that your validator will stop participating in the block validation process. Full withdrawals won’t happen automatically because the validator needs to send a message to the blockchain to add itself to the exit queue. This takes time and will be released gradually. Source ETHEtherEthereumsForkHardNearingShanghaiStakedWithdraw CryptoX Portal
Keep Goerli Ether Alive as Ethereum Canary Network, DAO Argues
Developers use gETH tokens for testing purposes. These tokens are a testnet version of actual ether for developers to simulate transactions, smart contacts, and other activities prior to deploying on the Ethereum mainnet. This means that these tokens are supposed to be free – issued simply for testnet developers. Original Source AliveArguesCanaryDAOEtherEthereumGoerliNetwork CryptoX Portal
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
“It’s all about expectations of new easing measures by central banks, especially the Fed,” Martin Leinweber, digital assets product strategist at MarketVector Indexes, told CoinDesk TV. “Among all risk assets, bitcoin stands out as being the most sensitive to liquidity swings.” Original
U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
In the high-stakes CFTC action against Binance, the CFTC says several tokens – bitcoin, ether, litecoin and the stablecoins tether and BUSD – are commodities that Binance was illegally trading. A lawmaker on the House Appropriations Committee asked him during a budget hearing Tuesday whether he believes ether (ETH) should be on that list. Source
Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol
The attacker sent over 7,000 ether to Euler Tuesday and seemingly apologized for their actions in a transaction message. Source
Euler Finance exploiter returns over 58,000 stolen Ether
The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data. In a transaction on March 25, the exploiter returned 51,000 Ether (ETH) worth around $88 million at the time of writing. A second transfer of 7,737 ETH was made on the same day, worth over $13 million. Previously, on March 18, the hacker sent 3,000 ETH to the protocol, worth nearly $5.4 million at the time. The exploiter still controls some of the stolen assets. the…
Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
EUL tokens jumped 47% on the transfer of tokens. Source
Arbitrum, Ether Liquidity Providers Earn $500K From ARB Airdrop
Uniswap data shows over $180 million in volume was traded on the ARB/ETH liquidity pool, netting $542,000 in fees for liquidity providers (LPs). LPs are entities that provide two different tokens to any decentralized exchange’s smart contracts – netting a cut of fees charged by that exchange on each trade. Source