
Ethereum after Shapella: The Block breaks down what comes next
The Scoop
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The Impact of Kraken on Ethnocurrency
Kraken is one of the largest entities that are exiting their validators and withdrawing their state ether. The idea is that they're operating in security by offering staking as a centralized provider. They've come under pressure, which means ultimately they have to un-stake their ETH or give it back to their customers as just normal ether.
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