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Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
12.3.2024
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by...
Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days
10.3.2024
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes:...
Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance
2.3.2024
Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure...
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Mondelēz International to Join Hedera Council + More Crypto News
14.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Mondelēz International to Join Hedera Council Fetch.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner Taurus and Lido Enable...
Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks
14.2.2024
Taurus, which counts Deutsche Bank and Santander as partners, expects European jurisdictions to follow Switzerland’s example
Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge
25.1.2024
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors
Value Locked in Defi Surpasses $57 Billion, Securing Over $20 Billion in 3 Months
21.1.2024
Data from defillama.com reveals that over the past 93 days, the total value locked (TVL) in decentralized finance (defi) protocols escalated from $37.46 billion on Oct. 20, 2023, to the present $57.74 billion. Notably, 57.3% of the total value in defi is anchored in the Ethereum blockchain, while...
Native ETH and Lido wstETH transfer program join Wormhole protocol
18.1.2024
By introducing native ETH and wstETH transfer software onto the platform, Wormhole has altered the ETH and wstETH movement pattern across numerous EVM-oriented networks. This will facilitate the achievement of increased liquidity and cost-effectiveness. Built on top of Uniswap v3, this new feature...
First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF
10.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months
6.1.2024
Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...
Best Crypto to Buy Today December 22 – Algorand, Arbitrum, Lido DAO
22.12.2023
In today’s dynamic cryptocurrency market, discerning investors are keeping a close eye on the best buys for December 22. Leading the pack are Algorand (ALGO), Arbitrum (ARB), and Lido DAO (LDO), each showcasing promising upward trends. Algorand, with its innovative blockchain technology,...
Lido Tests of 'Distributed Validator Technology' Portend 2024 Decentralization Push
20.12.2023
A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves
Former Lido Holder Files Lawsuit Against Lido DAO
18.12.2023
A former Lido holder has filed a class-action lawsuit against the Lido decentralized autonomous organization (DAO), a governing body that manages the liquid staking protocol, according to a recent court document. An unregistered securities claim Andrew Samuels filed the complaint on December 17th...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
3.12.2023
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in defi...
Vulnerability Disclosure Prompts InfStones to Rotate Validator Keys
23.11.2023
Source: Pixabay InfStones, a crucial node operator affiliated with Lido Finance, is poised to temporarily remove its Ethereum validators from the liquid staking protocol. In response to a substantial vulnerability uncovered by security researchers at dWallet Labs, the operator plans to execute...
Best Crypto to Buy Now November 10 – Lido DAO, Ethereum Classic, Immutable
10.11.2023
LDO, ETC, IMX, BTCETF, and MK are considered the best crypto to buy now, following their significant market gains and developments. Image by cryptonews.com. Lido DAO’s LDO price has jumped over 22% in the past week, positioning it as potentially one of the best crypto to buy now. Likewise...
Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
9.11.2023
Asset management giant BlackRock registered a Delaware company for a spot ether trust, fueling speculations about a potential ETF filing
Proof of Stake Alliance updates recommendations for staking providers
9.11.2023
The POSA updated its staking principles to say that providers should communicate clearly and should not control the amount of liquidity a user must provide