Ethereum balance on crypto exchanges falls to lowest levels since 2018
Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol's potential full merge to proof-of-stake in summer.
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Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol's potential full merge to proof-of-stake in summer.
The “prince of crypto,” as Vitalik is referred to in the magazine, said the cryptocurrency industry has an image problem.
"Post-merge blocks are being produced by validators, and they contain transactions!" said Ethereum developer Tim Beiko.
The megabank is offering investors access to Galaxy Digital's ETH fund, while a16z just splurged $70 million on an Ether staking protocol.
The downside outlook appears as Ethereum billionaire addresses continue accumulating ETH supply.
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value.
The venture capital firm said Lido's liquid staking solution removes many "operational complexities" institutional investors have faced in staking ETH.
LIDO price made a double-digit move after the liquid staking platform added support for KSM and partnered with Apricot Finance to form a lending marketplace for SOL.
The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum.