The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
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First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll
The non-binding poll seeks to do a temperature check of sentiment toward launching yETH.
Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade
The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.
Hong Kong’s Financial Secretary Declares Now Is the 'Right Time' for Web3 Adoption
Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
Intel Discontinues Bitcoin Mining Chip Series
The production of the so-called Blocksale chips was announced about a year ago.
Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€