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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Ethereum Withdrawal Requests Now Face Roughly 17-Day Wait
Ethereum validators that have put in withdrawal requests following the network's Shanghai upgrade will have to wait upwards of 17 days to get their staked ether (ETH) back, according to data analytics firm Nansen. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Scroll Co-Founder on Ethereum Scaling Race
A decentralized, global team of developers is shirking the urge to be the first to scale Ethereum. As part of CoinDesk's Projects to Watch 2023, Scroll co-founder Sandy Peng discusses Ethereum's "zero-knowledge" arms race and how Scroll stands out from the competition.
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back
Following last week's milestone Shanghai upgrade, we moved to wind down CoinDesk's Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he's taken.
Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade
The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.
Ethereum Unstaking Requests Now Face About a 17-Day Wait
The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase.
Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 led ETH’s price to rally above $2,100, its highest level since May 2022.
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.
Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated
So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.
Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data
Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.