Justin Sun Secures Top Spot as Private ETH Staker with $439 Million on Lido: Data
Lido's liquid staking solution enhances staked token liquidity, raising speculation on Sun's ETH stake.
Keep up with what's happening in the crypto world in real-time.
Lido's liquid staking solution enhances staked token liquidity, raising speculation on Sun's ETH stake.
When it comes to crafting written content, there are three critical elements to consider: “perplexity,” “burstiness,” and “predictability.
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET.
In the realm of crafting written content, there are three pivotal factors at play: “perplexity,” “burstiness,” and “predictability.” Perplexity delves into the intricacies of textual intricacy, measuring its complexity.
Out of 100 applicants, Arbitrum chose to focus on derivative protocols and decentralized exchanges. However, approved projects need to report on their respective progress regularly.
FalconX's decision to keep storing LDO off exchanges means that the long-term sentiment for the token is bullish. How about the short term?
Arbitrum's first grant application round has concluded, with 29 projects set to collectively receive 49.6 million ARB tokens ($40 million).
The problematic validators have already been taken offline, and affected stakers will be fully compensated.
A multi-platform staking solution Lido faces its first serious penalty after its validators misbehaved. Lido, a decentralized finance protocol for staking cryptocurrencies, faces a penalty worth 23 ETH (around $35,500) after 20 of its validators have been slashed.
20 validators malfunctioned yesterday meaning the leading liquid staker Lido Finance will face serious penalties in the coming weeks.
Lido revealed the initial impact was around 20 ETH, worth $31,000. The validator involved has been taken offline.
In a startling revelation, Lido Finance, a prominent Ethereum staking protocol, disclosed that it encountered 20 slashing events, which were attributed to a cascade of infrastructure and signer configuration issues from validators operated by Launchnodes.
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.
In a bid to secure grant funding from Arbitrum, Lido has set its sights on bringing its colossal staked ether product to the layer-2 ecosystem. However, the Arbitrum governance community appears to be divided on the matter, setting the stage for a closely-watched decision.
Lido Finance's $4 million ARB grant proposal on Snapshot has become a battleground over the project's purported centralization concerns.
The market continues to trade in the red as major cryptocurrencies fail to hold their price. The LDO price traded in a consolidated range of $1.456 and $1.498 for about a week. Following which the price displayed a massive price jumped from $1.456 to $1.732, a 19% rise within just two days.
In the fast-paced and ever-evolving world of cryptocurrencies, investors and enthusiasts are keeping a close watch on the movements of various digital assets. Among the tokens that have recently captured attention are LDO, also known as Lido DAO, and RPL, or Rocket Pool.
Worryingly, th mean coin age metric took a huge hit after the rejection at $1.7. This suggested the accumulation ground to a halt as panic gripped buyers
Lido hoped to draw Arbitrum grant funding with the allure of bringing its behemoth staked ether product to the layer-2. But so far, the Arbitrum governance community is almost evenly split.
In the ever-evolving landscape of decentralized finance (DeFi), one platform has risen to unparalleled prominence. Lido Finance, often referred to as LDO, has firmly established itself as the dominant force in the DeFi sector.
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the crypto market, it can become quite hard to pick the coins that could end up doing well.
In a year marked by market fluctuations, the liquid staking sector has shown significant growth, with Lido Finance emerging as a dominant force in the industry.
Coinbase crypto exchange has carved a notable niche for itself, becoming the second-largest entity when it comes to Ethereum (ETH) staking. Data from Dune analytics meticulously examined by Dragonfly's data scientist, hildobby, revealed that Coinbase presently holds a significant cache of 3.873 million staked ETH, translating to 14.1% of the total staked ETH.
Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido's dominance in the ETH staking market.