<ul><li>Coinbase has become the largest individual Ethereum validator, controlling 11.42% of the total staked ETH.</li><li>Coinbase operates 120,000 validators and manages approximately 3.84 million staked Ethereum tokens.</li><li>Coinbase reported a 99.75% participation rate with zero slashing or double signing, ensuring security for staked assets.</li><li>Concerns are raised over centralization as Coinbase's dominance in Ethereum staking threatens decentralization.</li></ul>

Coinbase Dominates ETH Staking with 11.42% Control, Raising Concerns

Discover more