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30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
11.9.2022
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than...
Liquid staking is key to interchain security
10.9.2022
Liquid staking allows larger proof-of-stake (PoS) blockchains to help secure smaller ones, conferring benefits to the industry as a whole
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)...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed
1.9.2022
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed...
BNB Chain Introduces Liquid Staking to Provide Crypto Users Access to Additional Income Streams
30.8.2022
BNB Chain, the blockchain of crypto exchange Binance, has introduced liquid staking. Liquid staking allows users to, in effect, earn a yield on their locked tokens by issuing new tokens with an equivalent value to the locked ones
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...
Crypto Exchange Coinbase Introduces Liquid Staking Token Before Ethereum Merge
25.8.2022
The Coinbase Wrapped Staked ETH (cbETH) will have several uses, including selling and transferring staked ETH as well as using it as collateral in DeFi protocols
Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards
17.8.2022
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido...
Cosmos-Based Liquid Staking Protocol Stride Raises $6.7M
4.8.2022
The funding round was co-led by North Island VC, Distributed Global and Pantera Capital
Lido co-founder discusses the future of Ethereum at EthCC
20.7.2022
For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems
Playboy Joins The Sandbox Virtual World — Lifestyle Firm’s Metamansion to Feature NFTs and Special Events
12.7.2022
On July 11, Playboy, the lifestyle and entertainment firm founded in 1953, revealed a licensing collaboration with the blockchain-based virtual world The Sandbox. The two companies detailed that the newly formed partnership aims to provide metaverse visitors with a Playboy-themed “social...
Smash Champ Apologizes For Attending Tournament While Seriously Ill
11.7.2022
After courting controversy for playing in a major Super Smash Bros. tournament over the weekend despite being seriously ill, world-class competitor Juan “Hungrybox” Debiedma is now apologizing for his “incredibly selfish” decision.Read more
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
8.7.2022
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive...
Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July
7.7.2022
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...
Liquid markets are healthy markets, says Kairon Labs co-founder
5.7.2022
Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Polkadot’s Moonbeam Adds Liquid Staking Giant Lido
31.5.2022
The integration was facilitated by staking specialist MixBytes
Ex-Deutsche Telekom Team Launch Liquid Staking Division at Crypto Custodian Finoa
24.5.2022
Cryptocurrency custodian Finoa has established a unit for liquid staking helmed by former members of Deutsche Telekom's blockchain team with help from staking specialist StakeWise