Investment
Features
FeesSafety
Academy
More
Pluang+

SharpLink CEO warns EIP-8363 could harm Ethereum by burning validator rewards and cutting staking yields to zero.

Market News
08 Aug 2026
BeInCrypto
View Source
Bearish
SharpLink CEO warns EIP-8363 could harm Ethereum by burning validator rewards and cutting staking yields to zero.

SharpLink CEO Joseph Chalom opposes Ethereum's EIP-8363 proposal, which would burn validator rewards as staking increases, potentially reducing staking yields to zero at a 50% staking ratio. He argues this could weaken decentralized finance by raising borrowing costs and reducing liquidity, while also discouraging institutional investment by eliminating ETH's native yield advantage. Analysts view the proposal as unlikely to pass and consider it a solution to a minor problem, noting Ethereum's issuance rate is already low. The debate highlights tensions over balancing staking incentives and network decentralization in Ethereum's ecosystem.

More News (ETH)

Dash jumps 33.6% amid mixed crypto market as Bitcoin dips below $80K

Dash jumps 33.6% amid mixed crypto market as Bitcoin dips below $80K

Dash surged 33.6% to $66.55, leading crypto gainers despite Bitcoin falling 1.2% to $79,716. The broader market showed mixed results with altcoins like NEAR also posting gains, while Bitcoin dominance remained high at 59.1%. The Fear and Greed Index ...

Market News
Bullish
7 hours ago
Ethereum dips to $2,438 amid strong US jobs data and major holder selling $408M in ETH.

Ethereum dips to $2,438 amid strong US jobs data and major holder selling $408M in ETH.

Ethereum's price fell from $2,546 to around $2,438 following stronger-than-expected US August jobs data, which raised Federal Reserve rate hike odds to 60%. A major holder liquidated 167,855 ETH worth about $408 million over five days, adding bearish...

Market News
Bearish
8 hours ago
Lighter (LIT) jumps 13% to $4.67, outpacing Hyperliquid and Ethereum amid Robinhood Wallet integration.

Lighter (LIT) jumps 13% to $4.67, outpacing Hyperliquid and Ethereum amid Robinhood Wallet integration.

Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the...

Market News
Bullish
10 hours ago
Bitcoin drops to $78.4K after Fed Chair Warsh dismisses soft inflation data and ends forward guidance.

Bitcoin drops to $78.4K after Fed Chair Warsh dismisses soft inflation data and ends forward guidance.

Bitcoin fell sharply to $78,442 on August 28, 2026, after Federal Reserve Chair Kevin Warsh dismissed recent soft inflation data and ended the Fed's forward guidance, causing markets to price in higher interest rates for longer. This hawkish stance i...

Market News
Bearish
12 hours ago
SEC approves Nasdaq rule change recognizing Bitcoin, Ethereum, Solana, and XRP as commodities.

SEC approves Nasdaq rule change recognizing Bitcoin, Ethereum, Solana, and XRP as commodities.

The U.S. Securities and Exchange Commission (SEC) approved a Nasdaq Texas rule change that officially classifies Bitcoin, Ethereum, Solana, and XRP as digital commodities. This change allows more flexible management of crypto investment products on t...

Market News
Bullish
15 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App