{"id":21052,"date":"2023-05-17T16:31:05","date_gmt":"2023-05-17T16:31:05","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinbase-temporarily-pauses-eth-staking-reward-payouts\/"},"modified":"2023-05-17T16:31:05","modified_gmt":"2023-05-17T16:31:05","slug":"coinbase-temporarily-pauses-eth-staking-reward-payouts","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinbase-temporarily-pauses-eth-staking-reward-payouts\/","title":{"rendered":"Coinbase temporarily pauses ETH staking reward payouts"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684335532252-51e9706c-ae3a-4705-922f-e230b84feb68-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684335532252-51e9706c-ae3a-4705-922f-e230b84feb68-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684335532252-51e9706c-ae3a-4705-922f-e230b84feb68-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684335532252-51e9706c-ae3a-4705-922f-e230b84feb68-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Coinbase yesterday evening announced it was suspending ETH staking reward payouts.<\/li>\n<li>The crypto exchange has been having some issues with ETH staking recently.<\/li>\n<li>The exchange, however, expects to resolve the issue within 48 to 72 hours.<\/li>\n<\/ul>\n<p>In a <a href=\"https:\/\/status.coinbase.com\/incidents\/h69ddyxyw859\">statement<\/a> issued on the exchange\u2019s website on May 16, <a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase <\/a>announced that it was temporarily pausing issuing <a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum (ETH)<\/a> staking reward payouts.<\/p>\n<p>The exchange is currently investigating the issue following the temporary halt.<\/p>\n<h2>ETH rewards stuck<\/h2>\n<p>There was an issue on Coinbase with ETH rewards Last week. ETH rewards became stuck because of the lack of support for ETH addresses from external validators in its systems.\u00a0<\/p>\n<p>The hiccup made the crypto community frustrated with a majority venting their anger on social media platforms.<\/p>\n<p>Besides issues with ETH staking rewards, a significant number of withdrawals were also stuck in the withdrawal queue.<\/p>\n<p>While the recent Ethereum Shapella upgrade had a number of positive implications for ETH holders, the ability to withdraw staked ETH seems to be putting pressure on most ETH-staking platforms.<\/p>\n<p>Coinbase has recently received over 53,400 ETH deposits with a significant portion of these deposits coming from Coinbase\u2019s cbETH deposit address. The address witnessed a withdrawal of 44,000 ETH, which was transferred to the Coinbase 10 wallet address, according to CryptoQuant data.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/coinbase-temporarily-pauses-eth-staking-reward-payouts\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Coinbase yesterday evening announced it was suspending ETH staking reward payouts. The crypto exchange has been having some issues with ETH staking recently. The exchange, however, expects to resolve the issue within 48 to 72 hours. In a statement issued on the exchange\u2019s [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":21053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21052"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21052"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21053"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}