NFT Trading Professionalizes
Despite bearish sentiment, and an overhang of regulations, the application layer of Ethereum continues to flourish. The NFT market is experiencing great competition, with new marketplace Blur taking market share from leader OpenSea, driven by a strategy focused on traders and liquidity.
Some Personal User Experiences
Along with the all-important issue of high transaction fees due to scaling not yet being fully solved, user experience is a key reason why many Ethereum users, especially in the Global South, often opt for centralized solutions instead of on-chain decentralized alternatives that keep power in the hands of the user and their friends and family or local community.
Ethereum Nears Staking Withdrawals With Shapella Upgrade on Sepolia
Ethereum has completed the “Shapella” upgrade on its Sepolia testnet, according to tweets from various Ethereum developers on Feb. 28.
ETH Drops Despite Shanghai Upgrade Development
The market is trading in red today, as most of the significant coins see a decline. Investors are currently exercising caution when it comes to investing in riskier assets, primarily due to concerns surrounding mounting macroeconomic issues, which have been exacerbated by higher-than-anticipated inflation rates.
Cointime News Wrapup-Afternoon Version: Coinbase Exchange to Delist Binance USD, Says Stablecoin ‘no Longer Met our Listing Standards’
Coinbase, the world’s second largest cryptocurrency exchange by trading volume, said Monday it is suspending trade in the Binance USD (BUSD) as of March 13.
Ethereum Testnet Successfully Forks in Shanghai Upgrade Rehearsal
The Ethereum blockchain's Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork that is expected to take place in March on the network's mainnet.
Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork
A second Ethereum test network (testnet), known as Sepolia, successfully replicated withdrawals of staked ether (ETH) today, bringing the Ethereum blockchain closer to its highly anticipated Shanghai Upgrade. The upgrade was triggered at epoch 56832 at 4:04 UTC and finalized at 4:17 UTC (11:17 p.m. ET). The Shanghai Upgrade will mark Ethereum’s complete transition to a fully functional proof-of-stake network, enabling validators to withdraw rewards earned from adding or approving blocks to the blockchain. There is one more test, on Ethereum’s Goerli testnet, that is planned before Shanghai goes live. (Coindesk)
Tron Founder Justin Sun Becomes Top Holder Of Staked Ethereum Amid Shanghai Upgrade
Tron founder Justin Sun has become one of the largest holders of Lido Staked ETH (stETH), as per the recent on-chain data. Justin Sun has been actively staking Ethereum on the liquid staking platform Lido Finance ahead of the most-awaited Ethereum Shanghai upgrade in March.
Ethereum Shanghai Upgrade: Developers Reveal Key Details Ahead Of Sepolia Upgrade
Ethereum developers have asked node operators, validators, and stakers to update their Ethereum clients as the Ethereum Shanghai upgrade comes closer. With the Sepolia Shapella upgrade scheduled for February 28 at 4 AM UTC, withdrawals of staked Ethereum on the Beacon chain will start soon.
