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Binance Shifts $4.4 Billion in Bitcoin as Crypto Exchange Temporarily Pauses BTC Withdrawals – What's Going On?
8.5.2023
Binance has moved a large stash of Bitcoin between its crypto wallets over the weekend as the platform halted BTC withdrawals citing network congestion.
According to an analysis of on-chain data by CryptoQuant’s Head of Research Julio Moreno, Binance moved about $4.4 billion worth of BTC across...
Binance to soon reopen $BTC withdrawals
8.5.2023
Binance has announced the reopening of $BTC withdrawals. The development came to light after Binance had halted the withdrawal process of BTC. As per the announcement, all the pending transactions are being processed. They are being replaced with higher transaction fees. The community can expect...
Binance halts Bitcoin withdrawals for the second time in 12 hours
8.5.2023
The crypto exchange said it temporarily closed BTC withdrawals due to a "large volume of pending transactions."
Binance Pauses Bitcoin Withdrawals for the Second Time in 24 Hours
8.5.2023
The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
7.5.2023
The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol
Binance closes BTC withdrawals amid congestion on the Bitcoin network
7.5.2023
Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...
US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%
26.4.2023
In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors...
Round 3 of post-Shapella ETH withdrawals sees most re-staked: Data
25.4.2023
Another chunk of ETH has been withdrawn due to Kraken, but most of it has gone straight back onto the network
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait for Money Back
19.4.2023
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by Bitcoin
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
ETH staking passes withdrawals for the first time after Shapella upgrade
18.4.2023
Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant chunk of addresses has gone back to re-staking their ETH
Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
17.4.2023
Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
15.4.2023
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March...
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%
13.4.2023
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday....
Bitcoin, Ethereum Technical Analysis: ETH Hits $2,000 Following Shapella Upgrade
13.4.2023
Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin remained above $28,000. Bitcoin Bitcoin (BTC) continued...
Ether price cracks $2K amid staking withdrawals enabled post-Shapella upgrade
13.4.2023
Ether (ETH) has crossed the $2,000 mark after the much-awaited Shanghai and Capella upgrade that was implemented into the Ethereum Mainnet
Ether staking withdrawals: Crypto exchanges set calendar for unstaking
13.4.2023
A majority of the validators are withdrawing their staking rewards rather than the whole 32 staked ETH
Ethereum Price Prediction as Shanghai Upgrade Goes Live – Will ETH Dump by Withdrawals?
13.4.2023
The price of Ethereum (ETH) has risen by 6% in the past 24 hours, with the successful rollout of the Shanghai upgrade pushing the altcoin to $1,984.
This level represents an 18% gain for ETH in the last 30 days and a 65% gain since the beginning of the year, although some commentators suspect that...