For the first time in roughly 10 days, one of the wallets associated with the troubled cryptocurrency hedge fund, Three Arrows Capital, has moved some funds. On-chain data reveals that the address rem...
Tag: Staked
Staked Ethereum Doubled from 6.5 to 13.4 Million in a Year
Staked Ethereum Not Withdrawable Despite ETH’s price falling by 51% year-over-year, the total quantity of Ethereum, or ETH staked on the network prior to its significant Merge upgrade has more t...
Total Ethereum (ETH) Staked Sees Over 100% Increase in Year Leading Up to the Merge: Crypto Analytics Firm
A market intelligence firm says that the total amount of Ethereum (ETH) staked has more than doubled in the year leading up to the top altcoin’s much-anticipated merge. According to crypto insights fi...
Total Staked ETH More Than Doubles Ahead Of Ethereum Merge
Staking ETH had first begun on the Ethereum network about two years ago when the move to proof of stake was officially put in motion. Since then, the amount of ETH staked on the network has ramped up....
Lido Received 31% Of Staked Ethereum Surpassing Binance
According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS),...
Lido Staked ETH via Loopring L2
Lido is a liquid stacking option for ETH 2.0 supported by the best staking companies in the business. Lido enables users to wager any ETH or deposit assets on ETH 2.0 without infrastructure maintenanc...
Coinbase Introduces Wrapped Staked ETH Utility Token in Anticipation of Merge
Coinbase has introduced a utility token called Coinbase Wrapped Staked ETH (cbETH) which can be traded out of the exchange and used in DeFi. Coinbase has announced that it will give those who stake ET...
Coinbase Introduces Wrapped Staked ETH
ETH Price at the time of writing – $1,703.71 Lido Finance revealed that it would start selling staked Ethereum on Layer 2 networks The switch will significantly reduce the energy used by the network F...
Coinbase Introduces Wrapped Staked ETH Token
Key Takeaways Coinbase has announced cbETH, a liquid wrapped token that will represent ETH staked on its platform. Coinbase intends for users to circulate cbETH, as staked ETH might otherwise remain l...
Staked Ethereum Hits New All-Time Highs Ahead Of The Merge
Ethereum was formerly developed as a PoW blockchain. However, it’s been planning to transition to PoS through an upgrade tagged the merge. The process, which has different phases, is almost getting to...
Staked ETH at New All-Time Highs in Anticipation of September’s Merge
Ethereum sent to the ETH 2.0 staking contract continues to gradually increase, despite the asset’s price movements. This comes just a month or so before the Merge is supposed to take place, according ...
Total amount of staked ETH almost doubles in a year as Merge approaches
As the Merge upgrade of the Ethereum (ETH) blockchain inches closer, the total amount of its staked native token has recorded a new all-time high, almost doubling across the previous year. Specificall...
Staked Ether (stETH) Could Cause Glitch or Delay in ‘The Merge’: Analysis
The most awaited update on the Ethereum network, dubbed The Merge, is scheduled to launch by September. Ever since the Ethereum developers announced the launch dates, many changes were witnessed aroun...
Cardano (ADA) Receives Long-term Bullish Feature as 70.6% of Market Cap Is Staked
Gamza Khanzadaev ADA price has reliable backing with tokens worth 12.3 billion locked in staking, according to CryptoRank CoinRank, an informational and statistical portal dedicated to cryptocurrencie...
Lido Brings Staked Ether to Layer-2s
The announcement comes days after Sept. 19 was announced as the target date for ETH’s Beacon Chain Merge “For Ethereum stakers, this means staking with lower fees and access to a new suite of DeFi app...
CoinShares launches a physically-backed staked ALGO ETP
CoinShares, a leading investment firm based in Europe, has launched a new physically backed exchange-traded product (ETP). The Algorand ETP will join other staked ETP products such as Cardano, Solana,...
CoinShares Unveils Staked Algorand ETP on Deutsche Boerse
The prominent European investment firm, CoinShares, announced the launch of physically-backed staked Algorand ETP. Staked Algorand ETP (RAND) According to the official press release, the new crypto in...
Celsius Recovers Over $400M in Staked Ethereum Collateral From Aave Loan
The struggling crypto lending platform Celsius has nearly cleared all of its outstanding DeFi debt after recovering 400,000 collateralized Staked Ethereum (stETH) from its loan on Aave. The withdrawal...
Celsius takes out $417 million in staked ether from Aave
On Tuesday, Celsius Network reclaimed a large portion of its collateral deposits that were locked in decentralized finance (DeFi) applications. At around 7:50 a.m. ET, Celsius withdrew 400,000 stETH (...
Lido Token Jumps 24% as Staked Ethereum Slowly Repegs
Lido’s native token LDO has skyrocketed by more than 24% in the last 24 hours, hitting a weekly-high of $0.66 cents. Meanwhile, Lido’s Staked Ethereum token, called stETH, appears to have grown in va...
Lido Staked ETH (stETH) Close To Ethereum Price, Why It’s Good For Crypto
Lido Staked Ethereum (stETH) slowly repegs with Ethereum (ETH) as total staking assets rose on DeFi liquidity giant Lido. stETH-ETH peg has improved to 0.9778 with the stETH price trading closer to Et...
Lido community debates limiting staked Ethereum as centralization concerns grow
? Want to work with us? CryptoSlate is hiring for a handful of positions! Lido community members have begun debating whether the staking service provider should limit its share of staked Ethereum beca...
Why Staked Ether (stETH) seems to be responsible for another liquidity crisis?
Here the crypto market is hardly showing any growth amidst the ongoing crypto crash, yet another one seems to create a similar situation. It hasn’t been long since a stablecoin collapse in the form of...
How is Lido’s Staked ETH decoupling different from Collapse in stablecoin?
The report of CoinShares throws light on the notion that the decoupling of Lido Finance’s staked ether (stETH) and Ether (ETH) is similar to stablecoin collapse CoinShares wrote in its report on...
What is staked ether (stETH) and why is it causing havoc in crypto?
Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — an...
Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says
This is not the same as the UST crash because the underlying asset, ETH, is not directly affected by the market price of stETH, CoinShares said. The benefit of stETH is that it allows users to earn yi...
Three Arrows Capital Liquidates All Staked Ethereum In A Wallet
Crypto hedge fund Three Arrows Capital liquidated all Staked Ethereum (stETH) holdings in one of its wallets on Friday. The hedge fund on the brink of insolvency has been selling its stETH and Ethereu...
As Staked Ethereum (stETH) Slumps, MakerDAO Adopts An Alternative
DeFi giant MakerDAO on Friday approved a proposal to adopt an alternative to Lido-Staked Ethereum (stETH) as collateral, following the token’s de-peg. In a governance proposal that saw 64% approval by...
Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms
Singapore-based crypto hedge fund Three Arrows Capital is facing liquidation risks as it continues to remove stETH tokens from its holding. Three Arrows Capital on Thursday has again exchanged 5500 st...
Staked Ethereum (stETH) Breaks Below $1K As ETH Liquidations Surge
Lido Staked Ethereum (stETH), a key factor in the ongoing crypto crash, widened its rift with Ethereum and fell below $1,000 on Wednesday. stETH dropped to as low as $959.77, before recovering to a li...