https://btcbit.net/news/ethereum_developers_have_released_a_patch_to_fix_network_failures
"The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.

Large-scale failures occurred on May 11 and 12, when the Ethereum network faced the problem of block finalization twice in a day. The first incident lasted 25 minutes, and the second more than an hour. There are speculations that this could be related to ether staking and MEV bots. The Ethereum Foundation claims that they are still investigating the reliable cause of the failures. Most likely, it is in high load on some clients.

Superphiz, an Ethereum developer and Beacon Chain consultant, assured via Twitter that the impact of the disruption is minimal and does not pose a threat to users. Transactions were not stopped, the blockchain continued to work, and failures did not affect network activity in any way."

So wild. Right now there are 62,900 ETH validators waiting to deposit in queue taking 34 days 1 hour.

At the same time, there are 22 ETH validators exiting to withdraw in queue taking minutes.

Withdrawals were like the most bullish thing possible, apparently.

On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s scaling issues and the other layer-one “clones” that have popped up in its wake, the Ethereum ecosystem is still where the action is:

“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”
https://cointelegraph.com/news/roger-ver-ethereum-catalyst-for-crypto-adoption

https://cryptonews.com/news/after-eight-years-of-dormancy-long-forgotten-ethereum-ico-wallet-resurfaces-with-15-million-worth-of-funds.htm

At the time of the ICO 1x ETH was sold for around $0.31 therefore the 8000 ETH would have cost the owner around $2480 back in 2017. Those 8000 ETH are now worth around $15 million today.

The article suggests the funds may have been dormant on a Ledger and since Ledger launched their Recover service many people have been taking crypto off Ledgers as a safety precaution.

https://www.theblock.co/post/235386/ethereum-developers-consider-raising-validator-limit-from-32-to-2048-eth
"Ethereum core developers are considering raising the maximum validator balance from 32 ETH to 2,048 ETH per validator.
The proposal was discussed during the most recent Ethereum core developer consensus meeting."

https://www.galaxy.com/research/insights/ethereum-all-core-developers-consensus-call-111/
"Outside of EIP 6988, developers discussed the following three EIPs for inclusion in Deneb:

EIP 7044: A code change to improve the staking user experience. The EIP would ensure that signed validator exits are valid in perpetuity. The EIP proposed by Lodestar (CL) developer “Dapplion” has already been merged into Deneb specifications.

EIP 7045: A code change to enhance chain security. The EIP would expand the attestation slot inclusion range from a rolling window of one epoch to two epochs. The EIP proposed by Ethereum Foundation researcher Danny Ryan is undergoing more discussion and a final review.

EIP 4788: A code change to improve the staking user experience. The EIP would expose roots of Beacon Chain blocks containing information about chain state inside of the Ethereum Virtual Machine (EVM) for trust-minimized access by decentralized application (dapp) developers. The EIP proposed by Ethereum Foundation researcher Alex Stokes was greenlit for inclusion in Cancun and Deneb during ACDE #163."

If you are talking about commissions for transferring ethereum coins, then the cost of a transaction is now no more than $ 2.
https://etherscan.io/gastracker
The Ethereum ecosystem also works with smart contracts, and the more smart contracts your transaction uses, the more fees you pay.
I recommend using Tier 2 solutions where there is a lot of liquidity.
Statistics
https://defillama.com/

https://finance.yahoo.com/news/ethereum-developers-propose-circuit-breaker-035532537.html
Ethereum Developers Propose ‘Circuit Breaker’ To Deter Hackers
Samuel Haig(C)

"Ethereum developers have proposed a circuit breaker mechanism that would halt token outflows exceeding a predetermined limit as a security measure.

EIP-7265 would allow developers to specify the value of withdrawals that triggers the circuit breaker, and whether that takes the form of delayed settlement after a cooldown or completely revert attempted outflows. The feature could prevent hackers from immediately draining the assets of exploited DeFi protocols and protect users against losses."


https://github.com/ethereum/EIPs/pull/7265

"This standard outlines a smart contract interface for a Circuit Breaker that triggers a temporary halt on protocol-wide token outflows when a threshold is exceeded for a predefined metric. This circuit breaker does not assume the structure of the underlying protocol, and mainly serves as a pass-through vehicle for token outflows. In order to maintain correct internal accounting for integrated protocols, and to provide maximum flexibility for developers, developers can specify if the circuit breaker contract should delay settlement and temporarily custody outflows during the cooldown period, or revert on attempted outflows.

Example implementation of a circuit breaker
Interface
'ProtectedContract' Contract to be inherited by DeFi contract for CB best practices"

https://www.theblock.co/post/239603/ethereum-consensys-investor-talks
"Consensys has held talks with potential investors in recent weeks, according to several people familiar with the matter.
But a spokesperson for the Ethereum developer said it doesn’t need cash and isn’t formally fundraising.
In fact, they added that Consensys has been hoovering up its own “significantly undervalued” shares on the secondary market. "

If ...

And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the initiation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.

So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.

#crysx #cwi

ETF are not necessarily an instrument of massive ETH or BTC buying to meet the needs of new investors.
they will probably be full of ETH or BTC equivalents (ersatz coins).
best exemple of that are gold and silver ETF, who have mainly been used for years to rig the metal's price.