# Ethereum Newsletter: July 2023

Explore the useful tools provided by Etherscan, simulate the process of withdrawing Ethereum, and discover the superior features of MPC compared to HSM, KSM, and multi-sig.

## Ethereum Newsletter

### New ETH Withdrawal Simulator

Our existing [Queue Monitor dashboard](/content/shapella/index.html) reflects the now increased staking activation capacity of 10 validators per epoch, or ~ 2250 per day. Newly staked $ETH currently needs ~36 days to activate.

The recently introduced [Ethereum Withdrawal Simulator](/content/blog/21sharesxmetrika/index.html) allows stakers to estimate and understand the time it takes to withdraw any quantity of Ethereum assets. This feature, available on a [single webpage](/content/shapella/index.html), was developed using [21Shares’s methodology](https://21shares.com/research/onchain-insights-4).

### HSM + KSM + multi-sig, but better…

Functionally, MPC technology is like a virtual Hardware Security Module (HSM) and Key Management System (KMS), with multi-sig for multi-party approval. It offers superior security, compatibility, flexibility, and operational efficiency.

Our Blockdaemon Wallet is designed to provide secure storage for cryptocurrencies. It offers the security of a cold wallet, with the accessibility of a hot wallet. This allows easy access to funds, while ensuring privacy and no extra gas fees. It is specifically tailored for institutions.

### Helpful Etherscan Tools in new look

Although [beaconcha.in](http://beaconcha.in/) remains the top choice for information regarding validators and staking, [Etherscan](https://etherscan.io/) provides a wide range of valuable insights for the Execution Layer. Their helpful tools allow you to [export data to CSV](https://etherscan.io/exportData), [convert Wei/Gwei/Eth](https://etherscan.io/unitconverter), or state your [historic balances](https://etherscan.io/balancecheck-tool).You can even leverage [ChatGPT to understand smart contracts](https://etherscan.io/code-reader) better!

### **Blockdaemon Resources**

- Blog: [All things staking Eth with Blockdaemon](/content/blog/discover-shapella-revolutionize-your-ethereum-staking-experience-with-blockdaemon/index.html)
- Staking API Docs: [Integration](https://docs.blockdaemon.com/reference/ethereum-api-overview) & [Reporting](https://docs.blockdaemon.com/reference/ethereum-staking-reporting)
- Institutional staking post Shapella - [recorded webinar](https://insights.consensys.io/a-post-shanghai-capella-look-at-institutional-staking-webinar-june-2023)

### **Previous Ethereum Newsletters**

- [June 2023 - L2 Excitement on the Rise](/content/blog/ethereum-newsletter-june-2023/index.html)
- [May 2023 - More Activations than Exits](/content/blog/blockdaemon-ethereum-ecosystem-newsletter-may-2023-more-activation-than-exits/index.html)
- [April 2023 - Blockdaemon's Shapella Update](/content/blog/ethereum-news-by-blockdaemon-april-2023/index.html)