Staking


Tech

Blockdaemon Sets Sights on Large Institutions With New Wallet App

The wallet aims to help institutions and crypto custodians live up to the “not your keys, not your crypto” adage. The company is backed by Goldman Sachs, Tiger Global and other big investors.

(iStockphoto/Getty Images)

Tech

Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite

Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.

(Micheile/Unsplash)

Policy

NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)

Tech

Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait

Validators looking to fully exit the chain could be looking at a wait of up to 14 days to get their crypto back, according to Rated Network's explorer.

Traffic (Creative Commons)

Markets

Binance to Support Ether Staking Withdrawals From April 19

Ethereum implemented the Shanghai upgrade early Thursday, opening withdrawals of more than 18 million ETH staked in the blockchain since late 2020.

(Nikhilesh De/CoinDesk)

Markets

Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

Crypto exchange Kraken agreed to shut down its U.S. crypto staking service in February as part of a settlement with the Securities and Exchange Commission.

Shanghai's Nanjing Road (Benjamin Pattin/Unsplash)

Tech

Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals

The upgrade on the blockchain, also known as "Shapella," was triggered at 22:27 UTC, and the network is now processing withdrawal requests.

(DALL-E/CoinDesk)

Opinion

Everything You Need to Know About Ethereum's Big Upgrade

A rundown of CoinDesk's coverage of the biggest crypto update since the Merge.

(Milad Fakurian/Unsplash, modified by CoinDesk)

Markets

Glassnode Estimates $300M Ether May Be Sold After Shanghai Upgrade

Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.

(Alexander Gray/Unsplash)

Opinion

Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics

Being able to unlock staked ether will not cause a mass exodus or price collapse for the cryptocurrency, Amphibian Capital CEO James Hodges says.

(Markus Winkler/Unsplash, modified by CoinDesk)