November 22, 2024

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ETH staking on top exchanges contributes to Ethereum censorship: Data

1 min read
ETH staking on top exchanges contributes to Ethereum censorship: Data

For most crypto ecosystems, being compliant with federal sanctions have a negative impact on its global reach. However, when it comes to Ethereum, investors have significant power to decide the degree of compliance the ecosystem obeys.

Nearly 60% of all post-Merge Ethereum blocks

The Ethereum ecosystem recently witnessed two dormant addresses wake up after four years to transfer 22,982 ETH.

The ETH transfers in question can be traced back to trading platforms Genesis and Poloniex where the unknown whales transferred 13,103.99 ETH and 9,878 ETH, respectively.