Lido anticipates ‘large withdrawals' as users staked Ethereum withdrawal request increases
Liquid staking protocol Lido (LDO) anticipates its users making large staked Ethereum (stETH) withdrawals this week following the successful completion of its V2 upgrade. Withdrawal request spikes According to 21Shares researcher Tom Wan, Lido users have started increasing their withdrawal requests following the successful test of the feature.
Timeline of Ethereum, Lido-dao
Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock' - Coindesk
The Bedrock hard fork, proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”
Historical Crossover Suggests Ethereum (ETH) Top Is In - NewsBTC
On-chain data shows the Ethereum taker buy/sell ratio has formed a crossover recently that has historically signaled tops in the asset's price. Ethereum Taker Buy/Sell Ratio 280-Day and 476-Day MAs Have Crossed Recently As pointed out by an analyst in a CryptoQuant post, the last time this crossover formed was back in May 2021, when ETH observed the bull rally top formation.
Breaking Above This Level Might Trigger A Bullish Momentum For Ethereum Price - NewsBTC
Ethereum managed to surpass the $1,800 price level initially, but it has been experiencing a period of consolidation recently. In the past 24 hours, there has not been much progress in the price movement.
IoTeX community votes massively in favor of bridging its token to Ethereum - Crypto Daily
In a significant development for the blockchain industry, IoTeX's community has overwhelmingly voted in favor of Improvement Protocol 21 (IIP-21), paving the way for bridging IOTX, the native coin of the IoTeX network, to Ethereum. The proposal received overwhelming support from the IoTeX community, with a final tally of 306 million IOTX (73.77%) voting in favor of the bridge, while 109 million IOTX (26.23%) opposed the proposal.
Ethereum Price Analysis: Breakout above this Key Resistance will Set ETH Price for Recovery | Coingape - Coingape
Ethereum Price Analysis: On May 11th, the Ethereum price breached the monthly support of $1827 indicating a possibility for momentum selling to trigger a longer correction. However, it's been five days since the breakdown, and the coin price moving sideways indicates a weakness in sellers' commitment.
Uranium Finance exploiter launders 650 ETH through Tornado Cash - Crypto news
An address associated with the 2021 exploit of automated market maker Uranium Finance recently laundered over $1.18 million of stolen assets through crypto mixer Tornado Cash. The assets were transferred in ten transactions in 30 minutes today.
Ethereum yields set to skyrocket in new crypto cycle - Cryptopolitan
As the world grapples with the relentless squeeze on traditional banking yields, the digital universe presents an enticing alternative. Ethereum, a leading player in the cryptosphere, is set to witness a surge in yields, attracting attention from investors worldwide.
Lido DAO (LDO) up 8% as V2 Version Goes Live: Details - UToday
Ethereum-based Liquid Staking Derivatives (LSD) platform Lido DAO (LDO) is leading the altcoin momentum today following its 8% growth to $2.10. The digital currency, known as the native token of the platform that has come through for Ethereum stakers long before the Shapella Upgrade, has been seeing impressive price action lately.
Ethereum, Polygon Developers Skeptical Of OpenAI CEO's Worldcoin | Coingape - Coingape
After ChatGPT's success, OpenAI CEO Sam Altman's other ambitious project Worldcoin is in the news these days. Sam Altman is close to securing $100 million in funding and plans to launch the open-source protocol in the first half of 2023.
Optimism's upgrade to Bedrock promises a game-changing Ethereum revolution - Cryptopolitan
Optimism, a layer 2 scaling solution, is gearing up for its highly anticipated Bedrock upgrade on June 6, promising a range of improvements. The upgrade is expected to bring reduced transaction fees, enhanced network security, and better compatibility with Ethereum.