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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Apr 15, 2023 Robert Brown

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the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn.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…

Blockchain bnb BTC BUSD crypto assets Cryptocurrencies decentralized finance Digital Tokens DOGE Exchange Tokens Financial Technology Greenback Investors Lido Market Capitalization Market Updates Market Valuation matic OKB Okx Paxos Polygon PoW Proof of work redemptions Smart Contracts SOL Solana Stablecoins Staked Ether stETH Tether top cryptocurrencies Top Ten usd coin USDC USDT utility tokens valuation

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Mar 6, 2023 Robert Brown

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the…

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