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Synthetix has taken on Lido Finance’s stETH
16.6.2023
Synthetix is extremely pleased to carry out its official announcement of having taken on Lido Finance’s stETH, an asset for leverage trading on Synthetix Perps. This is known to be the latest perpetual futuristic market, and it has the endorsement of SIP 2021, the boundaries for which have been...
AWS went down in the US, but Ethereum kept humming
14.6.2023
Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future
21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
12.6.2023
While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level
A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR
11.6.2023
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies
Best Crypto to Buy Now 8 June – Stacks, Lido DAO, Bitget
9.6.2023
U.S. Securities and Exchange Commissioner Chair Gary Gensler emphasized the importance of regulatory compliance in the crypto industry today at the Piper Sandler Global Exchange & FinTech Conference, rejecting any idea of preferential treatment for cryptocurrencies.
He challenged claims...
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
Best Crypto to Buy Now 7 June – Optimism, ApeCoin, Lido DAO
7.6.2023
The U.S. House Financial Services Committee will hold a hearing on June 13 on the topic of cryptocurrencies, potentially giving more clarity to the markets.
The committee oversees matters like the Federal Reserve Board, the US Treasury, and currency.
How might this affect the cryptocurrency...
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
5.6.2023
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH)
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Best Crypto to Buy Now 30 May – Quant, Injective, Lido DAO
30.5.2023
Conservative Republicans are opposing the bipartisan agreement to raise the U.S. debt ceiling, which could result in a U.S. default if it doesn't pass its first test in Congress.
Both President Joe Biden, a Democrat, and the leading Republican figure in Congress, House Speaker Kevin McCarthy...
Ethereum and Lido Finance Dominate Revenue Generation as Prices Soar
29.5.2023
The Ethereum (ETH) network and staking provider Lido Finance (LDO) are among the biggest revenue generators in the world of decentralized finance (DeFi), a ranking by data provider Token Terminal has shown.
In the ranking, Ethereum came in on top with a 30-day revenue generation of $370.6 million...
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds
24.5.2023
Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack
Ethereum Price Prediction as Lido ETH Staking Withdrawals Approved - What's Next for ETH?
23.5.2023
The Ethereum price has gained by 2% in the past 24 hours, with its price of $1,855 also representing a 2% rise in the past week.
These movements come in the wake of ETH staking withdrawals being enabled on Lido, which has seen a net outflow of ETH since it opened withdrawals last week....
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Lido Proposes to Staking the Lido Protocol Token to Boost Utility and Sustainability
22.5.2023
The Ethereum staking provider Lido has proposed a staking mechanism for its native LDO token in an effort to boost the utility and financial sustainability of the token.
According to the proposal, posted on Lido’s governance forum on May 17, the staking program will enable token holders to stake...
Lido Community Members Propose LDO Token Staking and Buyback Plan
18.5.2023
The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”
Anchorage Digital opens up DeFi voting for custody clients
17.5.2023
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot
Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue
17.5.2023
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait
Best Crypto to Buy Now 16 March – The Graph, Lido DAO, Injective
17.5.2023
In a financial landscape characterized by soaring volatility, Bitcoin, the flagship cryptocurrency, is demonstrating a shift from its bullish trajectory that had set the tone for the year.
Today's trading pattern shows a notable pullback from last month's high of $31,046, presenting a murky...
3 reasons why Lido DAO price jumped 40% in a week — Outperforming Bitcoin, Ethereum
16.5.2023
LDO price is well-positioned to gain another 50% by June based on a classic bullish reversal setup after Lido DAO rebounds 40%