Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

In the hours since the Shapella upgrade, the exit queue for staked $ETH withdrawals is growing, cryptauxmargaux reports.

) deposited into the Beacon Chain has started to grow, showing that stakers want to participate in Ethereum’s maintenance of the blockchain going forward.

But on a net basis, withdrawals still outweigh the deposits. The 24 hour net deposit change into the Beacon Chain currently stands at minus 79,488 ETH at the time of publication.Data about the Shanghai Upgrade will still be rolling in as more liquid staking providers also allow its users to withdraw their staked ETH.

Later Thursday, Coinbase, a cryptocurrency exchange which holds about 12.6% of all staked ETH, will allow its users to decide if they want to unstake.“Great work everyone on Shapella, it worked!” Tim Beiko, the protocol support lead at the Ethereum Foundation, said at the Ethereum All Core Developers execution layer meeting 159. “The network transitioned successfully.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

cryptauxmargaux you would like to restake rewards to compound. Not surprising. Although the smartest thing is to allocate to stake in the upcoming LUKSO mainnet.

cryptauxmargaux All thee cryptoo news is making noiseee abouttt it!! 🔥񙐠

cryptauxmargaux Neww article

cryptauxmargaux Markets comee alive,, aa lott of information in the article.....

cryptauxmargaux string start

cryptauxmargaux 👀

cryptauxmargaux woo~No,don't want to see this.

cryptauxmargaux They all wanna mint 😆

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum price retests key support level that preceded 60% gains in June 2022Ethereum funds have witnessed inflows worth only $600,000 in the week ending April 7 compared to Bitcoin's $56 million. Yea i just tought about that too. Lets see what the market offers tho📈 ETH season inbound I'm going to buy more cheap $ETH in ownr
Source: Cointelegraph - 🏆 562. / 51 Read more »

OKX to Temporarily Halt Ethereum (ETH), Arbitrum (ARB) Deposits, Here's What to KnowEthereum (ETH), Arbitrum (ARB) deposits might soon be paused on OKX, here's why $ETH ETH $ARB ARB
Source: Utoday_en - 🏆 295. / 63 Read more »

What’s Next After Ethereum’s Shanghai Upgrade?Ethereum's Shanghai upgrade is just around the corner, but what will the blockchain tackle after that? Shapella cryptauxmargaux reports cryptauxmargaux cryptauxmargaux Looks like $ETH is going to explode after this. A great excuse to buy more $ETH in ownr
Source: CoinDesk - 🏆 291. / 63 Read more »