![Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-04/9c220166-df49-4cc9-830c-5b3d4a9baabc.jpg)
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The past week in DeFi was filled…
![Ethereum Shanghai Upgrade Goes Live, Unlocking Billion in Staked ETH Ethereum Shanghai Upgrade Goes Live, Unlocking Billion in Staked ETH](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/01/Ethereum-Shanghai-RKO-gID_7.jpg@png)
ETH withdrawals are now live. At 6:27 pm EST, Ethereum’s Shanghai upgrade was successfully implemented, enabling the withdrawal of staked ETH and effectively finalizing the network’s years-long transition to proof of stake. Last…
![Index Coop Launches New Staked Ethereum Index for the LSD-Curious Index Coop Launches New Staked Ethereum Index for the LSD-Curious](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/01/lsd-ethereum-staking-gID_5.jpg@png)
First time trying LSD? Index Coop has you covered. Today, Index Coop is launching its new structured product that will give investors exposure to the top liquid staking derivative (LSD) tokens on the…
![64% of staked ETH controlled by five entities — Nansen 64% of staked ETH controlled by five entities — Nansen](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvODBmZmM2NjAtNmU2Ni00NGE4LTlmY2YtOTEwNDZmMDNjZTkwLmpwZw==.jpg)
A report from blockchain analytics platform Nansen highlights 5 entities that hold 64% of staked Ether (ETH) ahead of Ethereum’s highly anticipated Merge with the Beacon Chain. Ethereum’s shift from proof-of-work to proof-of-stake…