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Ripple scores against SEC, blockchain adoption in China and South Korea, more ETH staked| Weekly recap

0xMain
May 21, 2023

adoption, Blockchain, China, ETH, Hacking, Korea, recap, Ripple, scores, SEC, South, staked, Weekly

This week, a judge adjudicating the ongoing Securities and Exchange Commission (SEC) versus Ripple, the blockchain company, issued a landmark ruling. At the same time, Ripple announced crucial strategic expansions. Also, the number of staked ethereum (ETH) rose to record highs. Meanwhile, crypto...

Staked ETH crosses 20m mark one month after Shapella upgrade

0xMain
May 19, 2023

20m, crosses, ETH, Hacking, mark, month, Shapella, staked, upgrade

Following the recent Shapella upgrade, the proof-of-stake blockchain has now enabled withdrawals for the first time, resulting in a surge of activity among ETH holders who are eagerly staking their tokens with network validators. As a result, deposit activity has reached its highest...

Dormant ethereum whale and ICO participant just staked $7m

0xMain
May 18, 2023

dormant, Ethereum)?, Hacking, ICO, participant, staked, whale

A dormant ethereum (ETH) whale who participated in the initial coin offering (ICO) in 2014 has resurfaced, encouragingly staking millions of coins. Lookonchain data reveals that the whale, who has been inactive for years, recently created a new contract and staked 4,032 ETH,...

Nearly 400 IoTeX users staked IOTX 468m in vote pushing forward IIP-14

0xMain
April 14, 2023

468m, Hacking, IIP14, IoTeX, IOTX, pushing, staked, users, vote

Nearly 400 IoTeX community members voted 99.2% in favor of IoTeX’s Improvement Proposal 14 (IIP-14). DAO governance voters staked over 484m IOTX, equivalent to approximately $13m, the CEO and co-founder, Raullen Chai, announced. “Our community has voted overwhelmingly in favor of Account Abstraction,...

Less than 1% of staked ETH will be sold, Glassnode reassures

0xMain
April 12, 2023

ETH, Glassnode, Hacking, reassures, sold, staked

Glassnode predicts less than 1% of the staked ETH will be sold amid the upcoming Shanghai upgrade. The analytic’s company assumption is that just 253 validators had signed up to leave their staked ether (ETH) position, hence supporting their prognosis. Only 170,000 ether...

Ethereum’s staked supply could increase while a price drop is expected

0xMain
April 11, 2023

drop, Ethereums, expected, Hacking, increase, price, staked, supply

The Shanghai upgrade will allow the network’s validators to withdraw their staked funds by executing the Ethereum improvement proposal (EIP) 4895. The Shanghai Ethereum upgrade, also known as the Shapella fork, is expected to be implemented on April 12. With the upgrade coming,...

a stable asset using staked MATIC

0xMain
March 22, 2023

asset, Hacking, MATIC, stable, staked

DeFi, a wing of finance powered by blockchain technology, is responsible for users earning high yields. The past few years have been instrumental in its rise as investors made huge returns, often higher than what traditional finance offers. That said, earning yields in...