Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending

A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...

Lido Finance Releases Details On Next Upgrade Ahead Of Ethereum Shanghai Launch

As the Shanghai upgrade launch draws near, Ethereum staking-compatible platforms are preparing to release deposited ETH back to stakers. Earlier today, one of the largest Ethereum liquid staking proto...

China Luxury Goods Market Poised To Recover, Bain Says

Pedestrians holding umbrellas walk past a Gucci luxury goods store, operated by Kering SA, in … [+] Shanghai in 2015. Photographer: Qilai Shen/Bloomberg © 2015 Bloomberg Finance LP China’s luxur...

Ethereum: Understanding the Zhejiang angle in the Shanghai upgrade

Public testnet launched before Shanghai upgrade activation. There was an increased interest from validators in the Ethereum ecosystem. The launch of Ethereum‘s Zhejiang testnet on 1 February marked an...

Frax Finance frxETH Outpaces Rivals Ahead of Shanghai Upgrade

Decentralized finance (DeFi) protocol Frax Finance’s liquid staking derivatives (LSD), Frax Ethereum (frxETH), has gained wide attention and usage within three months of its launch. The protocol has g...

All Eyes on Liquid Staking Derivatives as Shanghai Upgrade Nears

The Ethereum Shanghai hard fork is less than two months away, and liquid staking derivatives (LSD) are gaining momentum in the cryptocurrency market. Following Shanghai, users can withdraw ether locke...

Ethereum Launches Seven Testnets in One Epic Week of Preparations for Shanghai

Tomiwabold Olajide First public withdrawal testnet slated to launch on Feb. 1 at 3:00 p.m. UTC Parithosh, an Ethereum Foundation developer, has made it known on Twitter that a combined seven testnets ...

Shanghai fork Coming at Ethereum: Do Stakers need to dump ETH?

The second-best blockchain, Ethereum, is coming up with the next best thing; EIP-4895, Shanghai, supposedly in March 2023. The activity would be known as the Shanghai hard fork, implementing future ad...

Can ETH Shanghai fork, NFT Surge, make Ethereum No. 1: Analysis

Ethereum stands second to Bitcoin in market capitalization but leads the industry in smart contracts, NFTs and protocols. The recent announcement of the Shanghai fork, EIP-4895, expected in March 2023...

CNY Rallies As Central Banks Hike Interest Rates

China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...

Ethereum Shanghai hardfork: New testnet launches on network as these metrics soar

Testnet dubbed Zhejiang will launch on February 1 to test staking withdrawal. Validators and ETH staking continue to increase as Shanghai hardfork nears. The Ethereum [ETH] network has come one step c...

Ethereum Shanghai Test Goes Live Today

Join Our Telegram channel to stay up to date on breaking news coverage Everyone began to wonder what would happen to Ethereum once the historic Ethereum Merge was completed on September 15, 2022, whic...

Ethereum Staking Withdrawal Testnet For Shanghai Launching

The Zhejiang public testnet is going live on Feb. 1 at 15.00 UTC, according to an Ethereum developer who posted the update on Jan. 31. The testnet will give users a first taste of the withdrawal proce...

Ethereum staking withdrawal testnet for Shanghai upgrade goes live tomorrow

Ethereum staking testnet Zhejiang is going live tomorrow and will give users the first preview of what the withdrawal process and functionality will be like after the Shanghai upgrade. The testn...

Shanghai Hard Fork Causes Concern Among Developers, Here Are Reasons

Sabrina Martins Vieira Check out why some developers believe update should take longer to arrive on Ethereum network Despite several challenges in 2022, the arrival of The Merge on the Ethereum (ETH) ...

Shanghai Hard Fork bothers developers, know why?

Despite various hurdles in the last year, the coming of The Merge on the Ethereum (ETH) network was a remarkable positive happening.  This upgrade highlighted a historic breakthrough for the smart con...

Lido Protocol Discloses for Withdrawals before Ethereum’s Shanghai Hard Fork

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Ethereum Recovering; Shanghai Fork to pave path for 2023

Ethereum Shanghai Upgrade scheduled for the second half of 2023. Prices to face the bulls in the coming year. Second biggest crypto coin values at about $1600. After an extended bear vacation, the cry...

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork – Defi Bitcoin News

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature....

Lido presents design for staked ether withdrawals after Shanghai upgrade

The Lido team proposed plans for how the protocol should support ether withdrawals once Ethereum’s upcoming Shanghai upgrade has been activated. The Lido team put forward its designs to th...

Shadow Fork for Ethereum Shanghai Mainnet Goes Live

The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now. There’s been a lot of talk going around the upcoming Ethereum hard...

Number Of New Ethereum Validators Remains Flat Ahead Of Shanghai Upgrade

There is no marked shift in the number of new addresses depositing the required 32 ETH, the minimum amount required to be deposited into the Beacon Chain for holders who wish to operate a validator no...

Ethereum’s Shanghai Mainnet Takes a Giant Leap Forward with the Launch of “Shadow Fork”

According to Etherscan, the upgrade will allow approximately 16 million ether that has been staked into the network to be unlocked. The $26 billion worth of ETH staked with the largest smart contract ...

Ethereum Shanghai Mainnet Shadow Fork Goes Live

Ethereum users are one step closer to accessing the $26 billion worth (and counting) of ETH staked with the world’s largest smart contract network.  On Monday, Ethereum’s core developers announced the...

First Ethereum Mainnet Shadow Fork Goes Live Before Shanghai

Ethereum developers have successfully deployed the first mainnet shadow fork in preparation for the Shanghai upgrade. This upgrade is due in March and will allow validators to unstake their ETH. The E...

Ethereum developers deploy Shanghai upgrade ‘shadow fork’

Ethereum (ETH) core developers successfully launched the shadow fork for the Shanghai update on Jan. 23. Ethereum developer Marius Van Der Wijden said that the shadow fork started with a few issues be...

Ethereum’s Shanghai Upgrade Inches Closer With ‘Shadow Fork’

Ethereum developers have successfully released the first “Shadow Fork” of the network’s Shanghai upgrade. Shadow Fork Reveals Glitches A shadow fork is a test version of the actual mainnet, allowing d...

Shadow Fork Successfully Launched Ahead of ETH Shanghai Upgrade

Too many dramas in the crypto market seemed to take the shine off the promising aspects over the past few months. Many projects have been putting their efforts into strengthening their systems and imp...

Ethereum Releases ‘Shadow Fork’ For The Much-Anticipated Shanghai Upgrade ⋆ ZyCrypto

Advertisement &nbsp &nbsp The fork is a test environment for the upcoming Shanghai upgrade. Shanghai is expected to unlock the withdrawals of the staked ETH in the Beacon chai...

Shanghai Update Could Brighten Outlook for Coinbase: JP Morgan

While crypto fans holding staked Ethereum eagerly await the network’s next update, crypto exchange Coinbase could also have a lot to look forward to, according to analysts at JP Morgan. The next upgra...

Ethereum Developers Commence Finalizing Shanghai Upgrade ‘Shadow Fork’ for Testing and Bug Identification – Bitcoin News

Ethereum developers have begun finalizing the Shanghai upgrade “shadow fork,” according to software engineer Marius van der Wijden. The “shadow fork” will serve as a testing environment for the Shangh...

JPMorgan Sees Coinbase Benefitting from Upcoming Ethereum Shanghai Update

JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update. Ahead of the upcoming Shanghai Update of the Ethereum network, ana...