Solana price corrects as recent (SOL) rally factors come under question
SOL price has started to cool off as investors potentially question the reasons for the most recent double-digit rally. Go to Source
Validators
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dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators. Go to Source
Ethereum staking services agree to 22% limit of all validators
The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization. Go to Source
Ethereum logs $1M MEV block reward amid Curve Finance exploit
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. Go to Source Powered by WPeMatico
3 reasons why Ethereum’s market cap dominance is on the rise
Bitcoin dominance is rising, but so is Ethereum’s share of market dominance among its altcoin competitors. Cointelegraph explains why. Go to Source Powered by WPeMatico
Vitalik Buterin warns against overloading Ethereum consensus
Buterin has advocated preserving Ethereum consensus minimalism and not overloading validators with other things. Go to Source Powered by WPeMatico
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the … Read more
Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. Go to Source Powered by WPeMatico
Ethereum ‘re-staking’ protocol EigenLayer launches on testnet
The re-staking collective aims to address Ethereum validator economic incentives. Go to Source Powered by WPeMatico
