Ethereum Staking Rises, Exchange Reserves Fall: What This Means for ETH

Net Ethereum flows through exchanges increased by more than 6%. ETH has remained below the resistance level. Over the past month, Ethereum [ETH] has experienced a noticeable trend of outflow from exchanges. It indicated that investors were withdrawing their holdings from trading platforms. Despite the decline in exchange balances, the volume of ETH being staked … Read more

SEC Sues Consensys Over MetaMask Staking, Broker Allegations

The U.S. Securities and Exchange Commission filed a lawsuit against Ethereum software provider Consensys on Friday over its MetaMask service, alleging that the wallet tool was an unregistered broker “engaged in the business of offering and selling securities.” The SEC’s lawsuit also targeted Ethereum staking services Lido (LDO) and Rocket Pool (RPL), the third-party platforms … Read more