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Bybit hack a setback for institutional staking adoption: Everstake exec

Coin Telegraph LogoCoin Telegraph14h ago

Bybit hack a setback for institutional staking adoption: Everstake exec - Coin Telegraph

Quick Summary:

Stakers are migrating away from centralized exchanges like Bybit, Everstakes’ COO said.

In the past six months, staked ETH on CEXs declined by nearly 7%, from 8.6 million ETH in September to 8 million ETH in February, according to Opryshko.

Staking is already permitted for Ether ETFs in Europe.

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Article Details

Author / Journalist: Cointelegraph by Alex O’Donnell

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 16:50:00 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26479209

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 465 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Bybit hack a setback for institutional staking adoption: Everstake exec" has 388 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bybit hack a setback for institutional staking adoption: Everstake exec" was covered 14 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 465 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/bybit-hack-a-setback-for-17406755459735

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