If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine
WorldPing
A newly proposed Ethereum staking reward cut, outlined in Ethereum Improvement Proposal 8361 (EIP-8361), would lower validators' yield from 2.6% to about 1.2%, a 54% reduction phased in over 18 months.
This is a short WorldPing brief. The full report was published by CryptoSlate.
A wallet holding $36 million in stolen bitcoin has become an unlikely public message board, as hack victims and opportunists pay to leave permanent notes for the thief.
Brief by WorldPing · Original reporting by CoinDesk