stake

Blockworks analyst Jake Koch-Gallup published a rebuttal to the viewpoint that Ethereum is losing its liquidity moat, arguing that despite the challenges to ETH's value capture ability and stablecoin market share, its reserve asset characteristics, Layer 2 ecosystem, and institutional adoption still constitute a long-term competitive advantage.In response to the issue of low on-chain revenue for Ethereum, Jake pointed out that ETH's valuation depends not only on actual economic value (REV) but also includes reserve asset and collateral premiums, with ETH's market capitalization currently about 1,100 times the REV of the past 12 months. Additionally, the development of Layer 2 networks such as Robinhood Chain and Base can still strengthen the Ethereum ecosystem, rather than indicating that funds and applications are completely leaving Ethereum. Jake also noted that Ethereum currently accounts for about 65% of the total value locked (TVL) in DeFi, with approximately 45% of the on-chain managed scale in real-world assets (RWA), while spot ETFs and corporate treasuries collectively hold about 13% of the total ETH supply, and about 36% of the ETH supply is currently staked.Although Ethereum's stablecoin market share has gradually faced dilution pressure from around 51%, Jake believes that as the overall stablecoin market expands, its absolute scale may continue to grow. However, Jake also acknowledged that relying solely on ETH's reserve asset premium, without sufficient revenue and value return mechanisms, raises questions about its valuation sustainability.

According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 110,000 HYPE (approximately 9.73 million USD) from another wallet and immediately staked all the tokens after receiving them.

According to Onchain Lens monitoring, Jump Crypto's Firedancer wallet has staked another 454,000 SOL, worth 49.81 million USD.

According to The Defiant citing data from Beaconcha.in, the number of active Ethereum validators has decreased by 2.5% over the past 7 days, to approximately 863,000, while the total amount of staked ETH has slightly increased by 0.08%, reaching 43.74 million.The decline in the number of validators is mainly related to the validator merging mechanism after the Pectra upgrade. This upgrade raised the maximum effective balance of a single validator from 32 ETH to 2048 ETH, allowing operators to merge multiple validators without needing to exit staking, thereby reducing network communication and consensus overhead. Currently, approximately 507,000 ETH are in the merging queue, with an expected waiting time of about 5 days and 11 hours.

AI startup Tavus released a new model called Griffin on October 1, referring to it as the first "human interaction model" that can understand and generate face-to-face conversations, paying attention not only to wording but also to expressions and pauses. Tavus stated that in tests, after a one-minute video call with Griffin-Lite, 26 out of 54 participants (48%) believed the other party was a real person; its previous generation system only convinced 1 out of 41 participants.Participants were told they would have a one-minute video call with another person to discuss things they were looking forward to this year, and only at the end of the call were they asked if they suspected the other party was not a real person. Tavus noted that those who became suspicious typically noticed within 20 seconds. This result comes from Tavus's own research page, where participants were recruited through a channel they call an independent research platform. Community comments on X pointed out that these results have not been independently verified and do not meet standard protocols.In the NVIDIA VideoFDB benchmark, Tavus claimed Griffin-Lite ranked first, with a generation dimension score of 3.83, the next best system scoring 2.8, and human reference scoring 3.92; the perception dimension score was 3.73, with the strongest baseline at 3.44 and human reference at 4.2. Tavus stated that NVIDIA independently conducted this evaluation. Griffin supports full duplex, allowing it to listen, see, and speak simultaneously, with an average audio-video delay of 0.43 seconds on the NVIDIA H100 chip. Tavus completed a $40 million Series B funding round led by CRV in November 2025.

According to Whale Alert monitoring, at 23:01 Beijing time today, an unknown wallet unlocked 956,610 SOL (approximately 115.62 million USD) in staking.

Linea's official statement indicates that some validators supporting the Yield Boost treasury are withdrawing as a precaution due to the MetaMask staking incident. Linea emphasizes that the funds and control of the staking treasury itself have not been affected.The impact of this incident is that during the period when relevant validators withdraw and are replaced by new validators, the net staking rewards that provide funding sources for ecosystem incentives will temporarily decrease. Linea stated that it is closely monitoring the situation's progress.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Counter-Strike: FaZe vs. Nemiga - Stake Ranked Episode 4 Playoffs," the "Map 3 Total Rounds: Over/Under 21.5" sub-market's "Over" option win rate has experienced significant fluctuations, soaring from 30% an hour ago to the current 50% (a fluctuation of 20%). Please note the impact of relevant breaking news.

The Rollup founder Andy commented on the MetaMask infrastructure security incident, stating that, according to sources, unless significant negative news arises, there will be a small-scale withdrawal of staked ETH. It is recommended to take proactive measures for all re-staked ETH positions that have exposure to Lido.Andy expressed hope for a positive outcome, but he believes it may be wiser for the protocol and investors to actively respond. He mentioned that the current situation seems to be under control, but based on his recent communications with multiple parties, no one is clear about what exactly has happened.

The decentralized AI infrastructure project 0G's computational digital asset Infinite AI (iAI) will open public minting today at 09:00 UTC / 17:00 Beijing time on iai.finance. This is the first landing product of Compute Finance proposed by 0G: transforming staking from "reissuing a bunch of homogeneous tokens" to "a daily spendable AI computing power quota."The issuer has pre-minted the first batch of 2,000 iAI on September 28 according to the same minting curve and locked 0G as collateral for initial liquidity on comfy.fun. Public minting will not open a separate bypass; all will follow the same collateral model.

According to monitoring by Lookonchain, SharpLink Gaming has once again staked 42,100 ETH, worth 113 million dollars. SharpLink Gaming currently holds 892,100 ETH, valued at 2.4 billion dollars, and has received 27,900 ETH in staking rewards, worth 75 million dollars.

A post published by the official X account of the decentralized lending protocol Morpho stated that most curator businesses cannot sustain their operations solely through treasury fees, and their business model actually relies on private distribution agreements. The post has since been deleted.In response to this matter, Aave founder Stani Kulechov stated that this is the most pessimistic statement for MORPHO holders. Morpho CEO Paul Frambot responded that the post was published by a third-party artificial intelligence marketing tool.Morpho is a decentralized lending protocol operating on networks such as Ethereum, matching borrowers and lenders through a treasury and curator mechanism while managing funds. The curator business refers to a model where third-party institutions create and manage treasuries based on the Morpho protocol and generate income from related fees.

According to monitoring by Lookonchain, a mysterious giant whale has once again exchanged 200.71 Bitcoins (BTC) for 6,247 Ethers (ETH), with a transaction value of approximately 17.2 million USD.In the past 6 days, this giant whale has cumulatively exchanged 1,308 BTC for 40,670 ETH, with a total value of approximately 104 million USD, and has staked all the obtained ETH.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Astralis vs Sangal (BO3) - Stake Pulse Beat II Group A," the option "Astralis" in the sub-market "Match Winner" has experienced a drastic fluctuation in winning probability, dropping from 82% an hour ago to the current 56.5% (a fluctuation of 25.5%). Please note the impact of related breaking news.

According to monitoring by Lookonchain, a certain whale sold 1,107 Bitcoins on Hyperliquid over the past 5 days, worth 86.76 million dollars; subsequently, it bought 34,400 ETH, worth 86.50 million dollars, and staked all of it.

According to Lookonchain monitoring, a newly created wallet (address 0xC2f1) withdrew 2,695 ETH (worth 6.94 million USD) from Gemini 5 hours ago and staked all of it.

Cryptocurrency asset company Bitmine Immersion Technologies announced last week that it has increased its holdings by 27,180 ETH, bringing its total ETH holdings to over 5.95 million, valued at approximately $1.54 billion, accounting for about 4.9% of the circulating supply of Ethereum. Including cash and other cryptocurrency assets, the company's total holdings amount to approximately $15.8 billion.Bitmine stated that currently over 5.06 million ETH are staked, and based on the current yield, it is expected to generate approximately $334 million in staking income annually, with about 85% of its ETH holdings used for staking. In comparison, the staking ratio for Grayscale Ethereum Staked ETF (ETHE) is 84.6%. Since BTC does not generate native staking income, this strategy has advantages over treasury companies holding Bitcoin. On Monday, Bitmine's stock price remained flat, around $25, having risen nearly 38% over the past month.Meanwhile, Michael Saylor's Strategy has not purchased Bitcoin for the second consecutive week, instead opting to repurchase its STRC preferred shares. Between September 8 and 13, Strategy spent $139.3 million to repurchase approximately 1.42 million shares of STRC, following a previous week where it repurchased $176.3 million worth of STRC. As of September 13, Strategy's Bitcoin holdings remained unchanged at 845,050 coins.

According to The Defiant, Kraken has launched three xStocks vaults, allowing eligible customers to deposit SPYx, QQQx, and NVDAx into the vaults while earning floating returns while retaining exposure to tokenized stocks or ETFs. The vault initially shows an estimated net APY of 2% for SPYx and QQQx, and 1.8% for NVDAx. Kraken charges a 25% performance fee on vault earnings, and the displayed interest rate has already deducted this fee; rewards will be converted into the same type of xStock and automatically reinvested into the customer's balance.The strategy is designed by Sentora and is responsible for risk management, while Veda provides the vault infrastructure. After customers deposit xStock, Kraken transfers it to an embedded self-custody wallet on Ink, packages it, and deposits it into the Veda vault; Sentora then cross-chain transfers the packaged xStock to Solana and deposits it as collateral in the Kamino lending market. After borrowing stablecoins, it is deployed into selected DeFi strategies, and the returns are ultimately converted back into the deposited xStock. Customers do not need an external wallet or mnemonic phrase but can export the private key; redemption requires a three-day wait for funds to arrive.Kraken's documentation shows that the strategy uses leverage to generate returns by borrowing stablecoins and lists risks such as smart contracts, liquidity, bad debts, liquidation, cross-chain execution, and downstream assets, with losses shared proportionally among vault users. xStock holders do not have voting rights, dividend rights, or legal claims to the underlying stocks. The vault is currently available to the European Economic Area and other supported markets, while users from the United States, United Kingdom, Canada, Australia, the United Arab Emirates, and sanctioned countries cannot use it.

On-chain detective ZachXBT posted on his personal channel that Revolut allegedly leaked some users' personal identifiable information (PII) due to failing to recognize a forged government agency information request.According to his disclosure, Revolut previously received a request for customer information retrieval that appeared to come from a real government agency and was sent through the agency's official email domain. Because the email had valid domain authentication information, Revolut believed the request was legitimate and responded accordingly.The potentially involved data includes users' names, birth dates, occupations, addresses, email addresses, and phone numbers, as well as copies of passports or driver's licenses, identity verification selfies, account statements, IBANs, withdrawal records, and complete transaction histories, including Bitcoin transaction records. Revolut stated in the notification sent to users that no biometric facial telemetry data was leaked.ZachXBT indicated that the scale of the incident may currently be limited, but it appears to primarily target high-net-worth users. Several Revolut users received notifications regarding the related security incident yesterday. Revolut officials had previously reminded users to verify suspicious information through in-app customer service to avoid providing personal or financial information.