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.
Ethereum researcher Justin Drake cautions that the cryptographic algorithm ECDSA, which secures standard externally owned accounts, could be broken within months due to advances in computing power. While current cryptography remains secure, a future ...
Ether (ETH) fell nearly 6% to around $2,500 on October 7, putting approximately $1.35 billion in leveraged long positions at risk of liquidation. This sharp decline increased pressure on traders betting on price gains, with over $221 million in long ...
Ether (ETH), the second-largest cryptocurrency by market value, climbed above the $2,550 mark to reach $2,554 in spot trading on October 7. This price movement occurred on Binance at 2:01 p.m. ET and represents a short-term upward break after a sligh...
Ether (ETH), the second-largest cryptocurrency by market capitalization, fell below the key price level of $2,550 on Binance's spot market, reaching $2,549 at 1:46 p.m. ET on October 7. This drop occurred within an hour, with ETH trading at $2,562 ju...
An early Ethereum investor sold $36.34 million worth of ETH, originally bought at just $0.31 per coin, achieving an extraordinary 8,750x return. This sale highlights the rare patience and conviction required to hold through Ethereum's entire market c...
