JPMorgan Report Highlights Centralization Concerns and Yield Impact in Ethereum’s Post-Upgrade Landscape
JPMorgan has reported that Ethereum's recent upgrades, known as the Merge and Shanghai, have led to increased centralization in the network and a decline in overall staking yields. The research report highlights concerns about the concentration of control and rehypothecation risks associated with th ...
Chinese city implements plan for blockchain digital infrastructure system by 2025
The Chinese city of Shanghai issued an implementation plan on July 31 to promote the development of its urban blockchain digital infrastructure system in the time frame of 2023–2025.The announcement says the plan was formulated to serve the “strategic goal” of Shanghai’s urban digital tran ...
US debt ceiling, declining trust in banks send ETH staking to record highs
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount of ETH staked in May does not include withdrawals and is more than twice as big as the second-highest amount registered in February 2022.Monthly ...
Nanking University Creates Blockchain-Based Virtual World to Drive Metaworld Research in China
Nanking University of Information Science and Technology has created its virtual world on blockchain to stimulate research and development of metaworlds across the country. The project, called Blockchain Technology and Application Innovation Platform of China was created ...