Ethereum Foundation advances Glamsterdam devnets and names Will Corcoran, Kev Wedderburn and Fredrik as Protocol Cluster leads. The Ethereum Foundation said its Protocol Cluster made progress on Glamsterdam testing during a May 2026 interop in Svalbard, Norway. The update also named new Protocol Cluster leads as leadership changes begin across the Ethereum protocol team. Glamsterdam […]
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Ethereum’s new ERC‑7730 Clear Signing standard replaces hex gibberish in wallet prompts with human‑readable, auditable transaction summaries to slash phishing and blind signing losses. The Ethereum Foundation’s Clear Signing working group has published a new open standard designed to replace…
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The Ethereum Foundation has executed a significant financial move by withdrawing 21,270 ETH, valued at approximately $50 million, using Lido. This decision, noted by blockchain analytics company Arkham, involved transferring the ETH from a wallet associated with the Foundation earlier this week. Continue Reading:Ethereum Foundation’s Calculated Financial Maneuver Raises Eyebrows Source: https://en.bitcoinhaber.net/ethereum-foundations-calculated-financial-maneuver-raises-eyebrows
The post Ethereum Foundation Unstakes $50M in ETH From Lido appeared on BitcoinEthereumNews.com.
The withdrawal moved the ETH from Ethereum’s Beacon Chain into Lido’s withdrawal queue, where the assets can later be claimed once processing is complete. The move follows earlier treasury adjustments by the foundation, including the unstaking of 17,000 ETH in April and the sale of 10,000 ETH to Bitmine through an OTC deal. Ethereum Foundation Unstakes 21K ETH The Ethereum Foundation unstaked 21,270 Ether worth close to $50 million from the liquid staking protocol Lido. According to blockchain analytics platform Arkham, the withdrawal process was initiated on Monday through a wallet linked to the foundation, moving the staked ETH out of Lido’s system and into Ethereum’s withdrawal queue. (Source: Arkham) The move means the ETH is being removed from Ethereum’s Beacon Chain, where it was previously locked to help secure the network while earning passive staking rewards. However, the unstaking
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The Ethereum Foundation has withdrawn more than 21,000 ETH from Lido staking weeks after carrying out earlier unstaking activity and multiple OTC treasury sales tied to operational funding. Summary Ethereum Foundation withdrew 21,270 ETH from Lido weeks after earlier unstaking activity and OTC treasury sales. Recent Ethereum Foundation grants continued funding work tied to zero-knowledge research, validator security, and Ethereum core clients. Arkham said the latest unstaking move may relate to operational funding needs or rising concerns around third-party protocol risks after the Kelp DAO exploit. According to blockchain analytics platform Arkham, an Ethereum Foundation-tagged wallet initiated the withdrawal of 21,270 ETH on Monday, an amount worth nearly $50 million at current prices. The transaction moved the funds out of Lido’s liquid staking system and into E
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Ethereum News The Ethereum Foundation has cleared several technical milestones for the upcoming Glamsterdam upgrade, including a credible post-upgrade target of a 200 million gas limit floor — more than triple the current ceiling near 60 million. Developers also finalized EIP-8037, which raises the cost of state-creation operations to keep state growth manageable as larger blocks roll out. Enshrined Proposer-Builder Separation (ePBS) was stabilized, embedding builder-validator separation into protocol rules with less reliance on external relays. Originally pencilled in for June, Glamsterdam now looks set for the third quarter of 2026, with devnets already live on the public Ethereum blockchain. The Foundation simultaneously confirmed a leadership reshuffle inside its Protocol cluster, naming Will Corcoran, Kev Wedderburn, and Fredrik as the new triumvirate g
The Ethereum Foundation has withdrawn more than 21,000 ETH from Lido staking weeks after carrying out earlier unstaking activity and multiple OTC treasury sales tied to operational funding. According to blockchain analytics platform Arkham, an Ethereum Foundation-tagged wallet initiated the…
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The Ethereum Foundation has declared the achievement of substantial milestones as part of their strategy for the forthcoming network upgrade, dubbed “Glamsterdam.” This pivotal development was accompanied by the announcement of new leaders heading the Protocol team: Will Corcoran, Kev Wedderburn, and Fredrik. The move is expected to reinvigorate the team with fresh perspectives and […] Continue Reading:Ethereum Presses Forward with Ambitious Network Upgrade Source: https://en.bitcoinhaber.net/ethereum-presses-forward-with-ambitious-network-upgrade