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Coin Edition 2023-06-03 13:24:00

Celsius Network’s Massive ETH Staking Causes Delays In Ethereum Queue

Celsius Network, a crypto lending platform that is facing financial insolvency, recently engaged in an ETH staking initiative worth $800 million. This action has resulted in notable delays within the Ethereum validator queue. Within a span of two days, the company deposited a staggering $745 million worth of ETH into staking contracts, exacerbating the already The post Celsius Network’s Massive ETH Staking Causes Delays In Ethereum Queue appeared first on Coin Edition .

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