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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
6.3.2023
"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm
'Sorry for spreading a rumor', says podcaster on Lido's FUD
5.3.2023
David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms
Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice
5.3.2023
Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
BridgeTower Capital to Onramp Lido, Offers Security Token For Avalanche’s Staking Rewards
2.3.2023
The announcements highlight BridgeTower's emphasis on regulatory compliance
Lido Community Conducting Snapshot of V2 Upgrade Design Approval
1.3.2023
Lido is gearing up for Ethereum’s upcoming Shanghai upgrade
Institutions in Asia Aren’t Interested in Liquid Staking: Hex Trust
1.3.2023
Liquid staking has become the second biggest DeFi vertical, but Asia-based institutions are not impressed
Lido Finance activates staking rate limit after more than 150,000 ETH staked
27.2.2023
Lido Finance had to activate its safety feature "Staking Rate Limit" after over 150,000 ETH was staked in a single day
THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K
26.2.2023
BTC price is chasing after $24,000 again, raising the possibility of LDO, EGLD, THETA and KLAY targeting new year-to-date highs
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
26.2.2023
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow...
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
First Mover Americas: Google Cloud Joins Tezos
22.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
First Mover Americas: BNB-Bitcoin Ratio Falls to Lowest Level Since August
21.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge
20.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
17.2.2023
This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency
First Mover Americas: SEC Suing Do Kwon for Misleading Investors
17.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
First Mover Americas: Bitcoin Soars to Highest Level Since August
16.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
15.2.2023
Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry