Ethereum’s widely-anticipated Shapella hard fork has gone live on the cryptocurrency’s mainnet, implementing with it Ethereum Improvement Proposal (EIP) 4895, which allows for the withdrawal of staked Ether (ETH).
The newly appointed CEO of collapsed cryptocurrency exchange FTX, John J. Ray III, is reportedly contemplating reviving the cryptocurrency exchange in a bid to recover value for its customers and creditors, with legal bills showing progress on that task.
Fintech firm Paxos has announced it’s withdrawing from the Canadian market at a time in which Canada has been tightening regulations on cryptocurrency platforms. Paxos noted it will continue to assess “its readiness to re-enter the Canadian market in cooperation with the Ontario Securities Commission (OSC) at a future date.”
Top stories in the Crypto Roundup today:
- Shapella Hard Fork Goes Live on Ethereum Mainnet
- FTX’s Legal Bills Show Progress on Exploring Relaunch Options
- Paxos Exits Canadian Market Amid Regulatory Uncertainty
- US Inflation Rate Hits Two-Year Low at 5%