Lefteris warns Ethereum funding plan could create staking cartel
Lefteris Karapetsas warned Ethereum’s validator funding plan could create a staking cartel able to redirect up to 10% of rewards from users.
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Bitmine Immersion Technologies announced that its board of directors approved a cash dividend of $0.1056 per share for holders of its 9.50% Series A Perpetual Preferred Stock, traded on the New York Stock Exchange under the ticker BMNP. The company…
Read full articleLefteris Karapetsas warned Ethereum’s validator funding plan could create a staking cartel able to redirect up to 10% of rewards from users.
The proposal risks centralizing power among large validators, potentially undermining Ethereum's decentralized ethos and governance integrity. The post LefterisJP warns Ethereum validator funding plan could create cartel appeared first on Crypto Briefing.
Ethereum has reclaimed a key resistance zone after bouncing from $1,704, with improving macro sentiment, institutional accumulation, and a technical breakout putting the $1,850 level back into focus. According to data from crypto.news, Ethereum (ETH) price traded around $1,745 at…
Key takeaways Bitcoin (BTC), Ethereum (ETH), and XRP are starting the week on a more stable footing after last week’s declines. BTC is trading above $64,000 but remains below major moving averages, keeping the broader trend bearish. Crypto market opens new weekly candle with signs of stability Bitcoin, Ethereum, and XRP are showing resilience at […] The post Bitcoin holds above key support as momentum indicators hint at stabilization appeared first on CoinJournal.
Key takeaways Ethereum (ETH) has rebounded about 4% over the past week, but overall market sentiment remains weak. Hawkish signals from the Federal Reserve have reduced expectations for interest rate cuts and increased pressure on risk assets. Ethereum recovery faces macro headwinds Ethereum has posted a modest 4% recovery over the past seven days as […] The post Ethereum faces renewed downside risk as Fed concerns weigh on market sentiment appeared first on CoinJournal.
Ethereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, […]
Redirecting staking rewards to ecosystem projects could democratize funding decisions but risks cartelization and governance challenges. The post Ethereum validators could redirect 10% of staking rewards to ecosystem projects appeared first on Crypto Briefing.
A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted […]