Bankless ROLLUP: ETH Staking Withdrawals | Shapella Upgrade | Arbitrum Governance Controversy
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Apr 14, 2023 Discover the implications of the Chapella upgrade, enabling Ether withdrawals, and its impact on staking models. Explore recent market trends, including Bitcoin's climb back to $30,000 and the evolution of Layer 2 solutions. Delve into governance tensions within the Arbitrum community, particularly regarding contentious funding proposals. Additionally, learn about recovery efforts from the Euler hack and Japan's push for a crypto-friendly environment, amid debates on user security and regulatory oversight in this rapidly evolving space.
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Bitcoin Erases 3AC Losses
- Bitcoin surpassed $30,000, marking a significant milestone.
- This price point erases losses from the Three Arrows Capital liquidation.
Ether at Crucial Juncture
- Ether reached $2,000, a key level representing the Three Arrows Capital liquidation point.
- This doesn't confirm a bullish trend; Ether could remain between $1,000 and $2,000.
Layer Two Entrants
- ZK Sync Era and Polygon zkEVM, new layer-two scaling solutions, have entered the market.
- ZK Sync Era holds a higher total value locked than Polygon zkEVM, likely due to its earlier launch and Polygon's slower start.
