🤖 Techy… Ethereum, the second largest crypto, successfully completed a major update dubbed Shanghai. Validators who locked up ether as collateral can finally begin to withdraw (and sell) their staked coins. About that…
🪙 Coins… As of yesterday, validators had queued up $1.7B+ worth of staked ether to withdraw. The Shanghai update limits the # of coins which can be pulled out at once, so those who want to withdraw staked ETH have to get in line.
🌶️ Spicy… Crypto has a reputation problem: a Pew survey found that while nearly 90% of US adults have heard of cryptocurrency, two-thirds aren’t confident that current ways to trade the digital assets are safe.
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