Ether Balance on Exchanges Nears All-Time Low: Glassnode
The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. "The Hash" panel discusses their outlook for the Ethereum network, also citing the continued impact of the historic Shapella upgrade.

Ether Balance on Exchanges Nears All-Time Low
The drop comes as the number of staked ether has surged.

Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations.

Zuzalu to Close After 2 Months in Montenegro With Crypto Elites
Zuzalu, an invite-only gathering of about 200 people in Lustica Bay, Montenegro, is coming to an end after two months. "The Hash" panel shares their reaction to the event and the sighting of prominent participants like Ethereum co-founder Vitalik Buterin.

Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies
This invite-only gathering of 200 people in the Mediterranean marina town of Lustica Bay has been taking place since late March and wraps up this week, featuring official sessions on zero-knowledge cryptography, twice-a-day jumps into the Adriatic Sea and the chance to get face time with Ethereum co-founder Vitalik Buterin.

Laura Shin Reflects on Crypto's Evolution in the Last Decade
As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.

NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?
A new report from DappRadar suggests that while NFT trading volume is trending down, the number of traders and sales remain high, suggesting a shift in trader behavior.

Ethereum Staking Needs Its (Honest) LIBOR
A standardized ETH staking benchmark could unleash a new generation of financial products that appeal to TradFi.

Ethereum Briefly Stopped Finalizing Transactions. What Happened?
The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications.

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’
The upgrade, a hard fork proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”
