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The 689 Ether, worth nearly $1.3 million, is the largest reward received since the 691 Ether reward on March 20 paid to Lido. A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months. Ethereum liquid staking solution Lido was paid the reward from block number 17007842 on the Beacon Chain — which was finalized on April 9, contained 47 transactions and was built by beaverbuild.org, according to transaction data. High Proposer Payment Alert! Validator 0x388c... received 689.02 ETH. Block built by a @beaverbuild builder (0x96a59d...)‍ Slot: 6,181,978. Received through the @GnosisDAO relay.https://t.co/Pv3bqfZMrU — MEV-Boost Bot (@mevproposerbot) April 9, 2023 The reward almost matched Lido’s most recent high of 691 Ether on March 20. The figure raised the eyebrows of Martin Köppelmann, the co-founder and CEO of Ethereum-based infrastructure pl...

BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL. The Dow Jones Industrial Average fell for the third consecutive week but Bitcoin (BTC) price decoupled and is on track to close the week near the strong overhead resistance at $25,211. This suggests that the wider crypto market recovery is on a strong footing. After Bitcoin’s sharp rally from the lows, analysts remain divided in their opinion about its next move. Some traders believe that the current Bitcoin rally will turn down once again, while others expect the momentum to continue, starting a new bull phase. Crypto market data daily view. Source: Coin360 Chances are that Bitcoin and several other cryptocurrencies will continue to rally until a vast majority of the bears turn bullish. After that happens, a sizable dip is likely. That could shake out several weak hands and give an opportunity to the stronger hands to add to their positions. A higher low followed by a higher high may c...

The deposit contract for staking Ethereum [ ETH ] reached a new all-time high recently. Data from the on-chain metric website Glassnode revealed that the same crossed 15,569,431 tokens [worth roughly $19.95 billion] on Thursday. 📈 #Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 15,569,431 ETH View metric:https://t.co/SzbMPqvhlb pic.twitter.com/jthHd2fOle — glassnode alerts (@glassnodealerts) December 8, 2022 In mid-September this year, the Ethereum network transitioned from Proof-of-Work [PoW] to Proof-of-Stake [PoS]. As a result, miners exited the ecosystem and validators became more relevant than ever. Simply stated, under the former consensus mechanism, miners expend electricity to mine blocks. Under the latter, ETH stakers are vested with the block validation power. As such, one has to invest a minimum of 32 ETH tokens to become a validator on Ethereum 2.0. Thus, the curve continuously moving upwards and reaching highs ...