Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.

• 2023-06-03
• Celsius Network Lido Finance liquid staking

Biggest Crypto Staker Warns on DeFi Challenges After SEC’s Kraken Crack Down

(Bloomberg) -- One of the individuals behind Lido Finance, the largest DeFi application for staking cryptocurrency, warned that service providers such as Lido are facing a new range of implications in the wake of the US Securities and Exchange Commission’s clampdown on the sector. Most Read from BloombergChina Ready to Down Object Flying Near Naval Base: PaperObject Shot Down Over Canada in Escalating Aerial DramaJapan Says Chinese Navy Ship Entered Its Waters Early SundayBlackRock, Pimco Push B

• 2023-02-13
• Bloomberg Jacob Blish US Securities and Exchange Commission Lido Finance Kraken