Ether.fi has separated its Ethereum staking token weETH from restaking exposure by creating a new token, weETHs, for higher-risk, higher-yield restaking. This allows users to choose between standard staking rewards with weETH or additional restaking rewards with weETHs. The change comes as Ethereum researchers propose capping staking rewards once staking participation hits a threshold, a move criticized for potentially harming smaller stakers and staking products. Ether.fi, holding $3.55 billion in deposits, aims to clarify risk choices for users amid ongoing debates about Ethereum's staking economics.
On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...
Cryptocurrency markets display varied price changes, with Bitcoin trading slightly down at around $79,013 and Ethereum slightly up near $2,483. Several altcoins show significant gains, including DOT rising over 12% and WLD increasing by more than 13%...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
Ripple transferred 1.36 million RLUSD from the XRP Ledger to Ethereum, increasing Ethereum's RLUSD supply lead to about $350 million. Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XR...
Senator Cynthia Lummis warned that failure to pass the Clarity Act this term could delay meaningful cryptocurrency market legislation until 2030, impacting investment and regulatory clarity. Meanwhile, XRP maintains a stable price around $1.40 suppor...
