Lido enables withdrawals, resulting in $500K worth of stETH redeemed in just 3 hours.
Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature.
Ethereum
Analysis of Prices on 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
Finality Issues Prompt Update to Ethereum’s Beacon Chain
Ethereum core developers released patches for Prysm Labs and Teku clients in response to a Beacon Chain issue preventing block finalization.
MakerDAO Unveils 5-Phase Plan to Support Open-Source AI Initiatives with Funding
DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.
Analyzing Prices on 5/12: LTC, DOT, SOL, MATIC, DOGE, ADA, XRP, BNB, ETH, BTC
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
Beacon Chain Halts Finalization, Takes a Deep Breath, and Recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes.
US Users Can Now Purchase ETH via PayPal with MetaMask
Users in the United States can also transfer ETH from PayPal to MetaMask. The companies first announced their collaboration in 2022.
Detecting and Treating Cryptocurrency Trading Dependency
The epic highs and lows of cryptocurrency trading make traders particularly prone to addictive trading behavior.
Be cautious of $1,820 support as Ethereum derivatives show signs of bearishness
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.
Is it Worth it? Trader Invests $120K in Gas to Purchase $155K Worth of a Memecoin
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.
