The Ethereum network needs to upgrade to the Shanghai Fork in order to improve its efficiency, gas limit, block security, and to enable the network to be more scalable and able to handle more transactions.

Coinbase anticipate that demand for unstaking will be high soon after the upgrade and it may take the protocol weeks to months process unstaking requests.

This article presents a detailed discussion of crypto staking, the benefits and risks of staking cryptocurrencies, and three centralized staking platforms to consider.

Thailand's Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country.

BridgeTower Capital, which operates more than 8,000 validator nodes running on 100% renewable energy, is deepening its roots in the crypto ecosystem through its focus on regulatory compliance. On Wednesday, BridgeTower Capital announced its turnkey onramp that connects financial institutions to Lido’s staking infrastructure and a security token that allows institutional investors to participate in layer 1 blockchain Avalanche’s staking rewards. (Coindesk)

The amount of staked Ethereum is continually increasing. However, more than half of it remains underwater in terms of gains made despite the ETH price recently hitting local highs.

Analysis by Binance Research has found that a notable minority of ether holders who staked their ETH in Ethereum's Beacon Chain over the past three years are making money, while the rest are underwater.

The Ethereum price has cranked to a five-month high today. Furthermore, ETH issuance is the most deflationary since the Merge transitioned the protocol to proof-of-stake.

Will Liquid Staking Derivatives Benefit?

The development brings the percentage of supply staked to an impressive 14%.