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Is Ethereum Staking Too Centralized?

Lido’s dominance in the Ethereum staking market should raise serious concerns about Ethereum’s centralization, say the heads of the decentralized autonomous organization Asymmetry Finance....

Ethereum Gas Fees Decline 60% in June

The average transaction fee for Ethereum (ETH) has declined to $7.34 from $20 at the height of last month’s meme coin frenzy. Decentralized exchange (DEX)...

Celsius Restakes $753M Ethereum

Bankrupt crypto lender Celsius is restaking its withdrawn staked Ethereum, further elongating the staking activation queue. 21Shares researcher Tom Wan said bankrupt Celsius Staked 396,000 Ethereum...

Ethereum Balance on Exchanges Drops to 5-Year Low

Ethereum’s volume on centralized exchanges has dropped to its lowest level in five years, according to Glassnode data. According to the data, there are only...

Ethereum (ETH) Supply Down 0.285% in 240 Days Post-Merge

Today marks 240 days since an event the Ethereum community has come to know as “the merge.” And its effects on the total ETH...

Deus DAO Recovers $1M From Over $6M That Was Stolen

DEI stablecoin suffered a multichain exploit on Arbitrum, Ethereum, and BNB Smart Chain (BSC) that resulted in a loss of about $6.5 million. But...

Ethereum Staking Deposits Gain Ground as Withdrawals Flatlines

The total amount of ETH deposited on the Ethereum Beacon Chain since the Shanghai upgrade has now exceeded the withdrawals made during the period. Since...

A Solution for Ethereum High Transaction Costs?

Ethereum Foundation is already preparing for the next network upgrade, named Dencun. Despite the rollout of Shapella happening a mere three weeks ago. Ethereum’s development...

Ethereum Full-Staked Withdrawals: CEXs Responsible for 88%

Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data...

Fed Predicts Recession: Buy Bitcoin and Ethereum?

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin and...

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