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The Shapella hard fork has officially been executed on the Ethereum Mainnet— meaning that Ethereum validators can finally withdraw their staked Ether (ETH) from the Beacon Chain.The long-awaited upgrade took effect at 10:27 PM UTC on April 12.Through Ethereum Investment Proposal EIP-4895, staked ETH was pushed from the Beacon Chain
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The Ethereum network’s Shapella upgrade, scheduled for around 10:30 pm UTC on April 12, has induced significant uncertainty among traders, according to a report by Kaiko. The upgrade will enable staked Ether (ETH) withdrawals from the Beacon Chain for the first time since its launch in December 2020. According to previous
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Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000. Source
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A new decentralized layer has been added on top of Ethereum to make smart accounts possible with the introduction of ERC-4337 and account abstraction — but infrastructure providers suggest it may be tricky to participate profitably right now.ERC-4337, commonly called “smart accounts” or “account abstraction,” was deployed on the Ethereum
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Full withdrawals, on the other hand, are when you remove the entire balance, including the 32 ETH, from the blockchain. This means that your validator will stop participating in the block validation process. Full withdrawals won’t happen automatically because the validator needs to send a message to the blockchain to
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For the past twelve days, the price of Ether (ETH) has been trading in a narrow descending range. Surprisingly, not even the news of Binance and Changpeng "CZ" Zhao being sued by the Commodity Futures Trading Commission (CFTC) was enough to break the support level. Ether (ETH) price index in USD,
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Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around? Source
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Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic Implosion The chairman and CEO of Starwood Capital
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A target date for the highly anticipated Shanghai hard fork has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16.Initially estimated for late March, the Shanghai mainnet upgrade features five Ethereum Improvement Proposals (EIPs), including
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“Our investors, who very often have gold in their portfolios, sees diamond as something that is uncorrelated to other assets,” providing them an opportunity for diversification and hedging, he said. Kinney noted that the price of diamond is still playing catch-up with other precious metals, opening doors for investors to
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