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Ethereum World News
2023-03-28 16:46:10

Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12

Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12

Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12. The Shanghai-Capella update on the mainnet will enable the withdraw function for staked ETH and unlock around 16 million stETH, developers have said. Liquid staking provider Lido Finance could unlock withdrawals later in mid-May due to audit delays and testing on Goerli. The Shanghai-Capella upgrade meant to unlock staked Ether (stETH) and enable withdrawals for stakers will roll out on Ethereum’s mainnet come

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