About 20,470 ETH, or roughly $42 million, flowed from Ethereum Foundation-linked wallets into the Beacon Chain in a series of coordinated deposits Monday, marking one of the largest visible batches in its ongoing staking rollout.
About 20,470 ETH, or roughly $42 million, flowed from Ethereum Foundation-linked wallets into the Beacon Chain in a series of coordinated deposits Monday, marking one of the largest visible batches in its ongoing staking rollout.
The Ethereum Foundation staked more than 20,000 additional ETH as part of a broader strategy to put its treasury assets to work. The move builds on a plan announced in February to stake 70,000 ETH and use the resulting rewards to fund operations, research, ecosystem development and grants. The newly staked ETH is expected to earn a 2.7% yield, down from 3.4% earlier this year. The foundation still holds about 147,400 ETH in its treasury. The Ethereum Foundation is stepping up its efforts to put treasury assets to work, with data from Arkham showing it staked more than 20,000 ETH on Monday, expanding its validator footprint even as yields hover below 3% and ether trades near $2,045., when the foundation said it would stake 70,000 ETH to generate yield for operations. That initial roll-out began with a 2,016 ETH deposit and positioned staking rewards as a funding source for research, ecosystem development and grants, turning long-held reserves into a steady income stream.), the foundation will get a 2.7% yield from its staked ETH. This is down from 3.4% earlier in the year.As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption.Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all.A Polymarket trader turned about $676 into $67,000 in under a minute after UFC announcer Bruce Buffer briefly named the wrong winner of a heavyweight bout. The episode underscores how quickly prediction market prices can whipsaw on live-event errors and raises questions about how platforms should handle payouts when the...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto's quantum threat is real and its driving diverging strategies across Bitcoin, Ethereum, SolanaAcross many of the most well-known ecosystems like Bitcoin, Ethereum, and Solana, responses are diverging along familiar lines: what to do on social consensus and technical iteration, and community members are split between caution and acceleration.
Read more »
'Extreme Fear' on Cryptocurrency Market: XRP, Ethereum, Bitcoin and Others Under Immense PressureThe market is taking a beating for the third month in a row, which affects the outlook investors have.
Read more »
Ethereum 'flippening' odds rise, but it won't involve BitcoinThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »
Ethereum news (ETH): new project aims to fix network fragmentation and improve user experienceThe project is designed to make Ethereum’s many layer 2s work together more seamlessly.
Read more »
Ethereum builders propose ‘economic zone’ to tackle L2 fragmentationThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »
DeFi lending giant Aave launches on OKX's Ethereum L2, X LayerThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »