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Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
20.3.2023
With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to...
Lido DAO’s Governance Token LDO Jumps on Treasury Proposal
15.2.2023
The largest Ethereum staking service provider’s DAO has issued a vote over what it should do with its $30 million worth of ether
Wormhole hacker moves another $46M of stolen funds
13.2.2023
The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets
Swapping More Than $157M of ETH for stETH and Levering Up, the Wormhole Network Exploiter Is a DeFi Degen
24.1.2023
Data sourced from Etherscan indicates that the exploiter first swapped 95,360 ETH worth roughly $157 million on DeFi Aggregator OpenOcean and then transacted smaller amounts capital through several decentralized finance (DeFi) protocols such as Kyber Network and 1Inch
Ethereum developers target March 2023 for Shanghai hard fork
8.12.2022
Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live
First Mover Asia: Ethereum Isn’t WETH or stETH. But Jokes Still Move Markets
29.11.2022
Sam Reynolds writes that irreverent posts about lesser-known altcoins – and more significant tokens – can be destructive. Especially if people don’t get the irony. ALSO: Bitcoin drops as BlockFi files for bankruptcy protection
Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund
17.11.2022
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital...
Lido launches layer-2 Ethereum staking and LDO rewards
7.10.2022
Lido has around 40% of all the staked ETH on the Beacon Chain
Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum
6.10.2022
Lido's liquid staking token is coming to Ethereum's optimistic rollups
Post-Merge ETH has become obsolete
24.9.2022
Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
21.9.2022
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and...
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
25.8.2022
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial...
Price Discount on 'stETH' Reflects Non-Negligible Doubt on Smooth Ethereum Merge
15.8.2022
The current price of stETH token implies a 7% chance of the Merge not succeeding, according to Enigma Securities
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Ethereum staking service Lido announces layer-two expansion
19.7.2022
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges And stETH Discount Narrows
18.7.2022
"ETH has undergone a rapid change in narrative over the past week with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said
Wobble in 'stETH' Price Shows Fear Celsius Might Dump $435M Stake
13.7.2022
The discount on stETH, a derivative of ether, surged as the crypto lender Celsius reclaimed and then transferred almost 10% of the total supply of the token
Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet
13.7.2022
The liquidity-stricken crypto lender fully paid off its debt to decentralized finance protocol Aave freeing up $26 million in tokens as part of its latest debt restructuring maneuver
Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave
12.7.2022
The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million