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Binance US launches low-barrier Ethereum staking ahead of The Merge

The staking yields are in part boosted by features such as Binance US’ automatic restake, which enables the compounding of returns. However, users cannot unstake ETH at the moment, and rewards will not be distributed until Ethereum first transitions from a proof-of-work blockchain to proof-of-stake through the upcoming Merge upgrade scheduled for Sept. 15. Then, through a future “Shanghai Upgrade” contingent on successful Merge completion, users will then be able to withdraw their staked ETH.

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Source: Cryptocurrency - investing.com

Fed Vice Chair Brainard vows 'we are in this for as long as it takes' to stop inflation

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