Will Canny is CoinDesk's finance reporter.
i upgrades has come at a cost to Ethereum as the network has become more centralized and the overall staking yield has fallen, JPMorgan said in a research report on Thursday.
Lido has been adding more node operators to contain the number of staked ether being controlled by any single operator, to address centralization concerns, the Wall Street bank noted. An added risk from the rise of liquid staking is rehypothecation, the bank said. This is when liquidity tokens are reused as collateral across numerous decentralized finance protocols at the same time.“Rehypothecation could then result in a cascade of liquidations if a staked asset drops sharply in value or is hacked or slashed due to malicious attack or a protocol error,” the note said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cryptocurrencies Price Prediction: Polygon, Ethereum & Arbitrum — Asian Wrap 06 OctoberPolygon (MATIC) price is attempting a recovery rally for the second time this year, trying to recoup the ground lost during the June 2022 cycle. It co
Leer más »
ETH Must Hold This Level to Prevent a Massive Crash (Ethereum Price Analysis)Crypto Blog
Leer más »
Ethereum's Overcrowding & Optimistic Fault Proofs UnveiledBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Leer más »
Ethereum price dip extends, liquidates $10 million in long positions as exchange outflows skyrocketEthereum (ETH) price continues on its load-shedding exercise for the fourth consecutive day, forming a dome-shape as it loses all the ground covered d
Leer más »
Ethereum Records $181 Million Outflow from Exchanges, Marking Highest Movement Since AugustEthereum, the second-largest cryptocurrency by market cap, experienced a significant $181 million outflow from exchanges this past Wednesday
Leer más »