This week for the crypto sector was as hot as ever. The crypto space saw concerns arising after Ethereum’s decentralization given the steady rise in staking by liquidity stakers. And self-limiting proposals like remedies also took-off. Ethereum ETFs have also entered the mainstream discussion since the ARK 21Shares and VanEck’s filings.
U.S. regulator, Securities and Exchange Commission was also in the highlights of this week, primarily due to the challenges it is expected to face in the future. Blockchain services provider LBRY appealed in the court for the case it lost against SEC. While Congressman Tom Emmer proposed to restrict the regulator’s fundings until it comes up with clear crypto regulations.
Ethereum Community is Concerned About Decentralization
Liquid staking protocols do not follow any staking limit per se and this could be a cause of concern for the community. Ethereum Beacon chain community health consultant, Superphiz, suggested self-limiting to ETH stakers to
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