Ethereum Shapella upgrade made staking on the largest blockchain financially more attractive and reignited competition in the staking-as-a-service business. Lido, a staking platform that provided a workaround before, can either lose or win it all.

Danny Ryan, researcher at the Ethereum Foundation, told about the dangers that liquid staking can lead to.

Coinbase Cloud announced a collaboration with the Acala Foundation aimed to support liquid staking. The cooperative work will start with…