Lido Finance issues update on its journey towards full decentralization
The latest update was on Lido's migration to decentralization and self-custody. There have been concerns in the past about Lido being centralized.
Keep up with what's happening in the crypto world in real-time.
The latest update was on Lido's migration to decentralization and self-custody. There have been concerns in the past about Lido being centralized.
Cryptocurrencies continue to look like a good alternative to traditional banking.
The larger staked ETH market has started to reflect regulatory concerns, according to new data. Over the past few weeks, the overall amount of ETH staked through liquid staking derivatives has declined too.
Liquid staking protocol Lido (LDO) has set a May target for staked Ethereum (stETH) withdrawals.
Lido Finance pushed back testing staked ETH withdrawals on Goerli and a mainnet launch until audits are finalized in April.
Lido DAO (LDO), the utility token of the leading liquid staking solution for Ethereum (ETH), Lido Finance, has witnessed a
Paxos has burned so much BUSD that Lido staked ETH is now the tenth largest crypto by market cap
Lido Finance, the largest liquidity staking protocol, has been facing regulatory uncertainty in the United States. Despite making a tremendous market entry in the past few years with over $9.8 billion in total value locked (TVL), Lido Finance has diversified in several chains, including Ethereum, Solana, Moonbeam, Moonriver, and Terra Classic.
Lido has been dominating the LSD (Liquid Staking Derivative) space since the beginning of the year. However, despite its rising TVL and the protocol's positive performance, many investors and validators have lately started to liquidate the assets that were assigned to them.
The crypto market is roaring back, and these three tokens are seeing incredible interest today.
In the past week, crypto investors experienced trauma as several macro events caused a significant loss of funds from the global market cap. The crypto market was hit hard by the collapse of the SVB, which led to the depegging of the USDC stablecoin, reminding investors of the risks involved.
The crypto market has been painted green today, with many cryptocurrencies trading at massive 24-hour gains. It appears that last week's bears have given way to the bulls.
Lido DAO has been soaring this year, thanks to the surge in popularity around staking on the Ethereum blockchain.
Decentralized finance (DeFi) protocol Lido Finance is considering ending its liquid staking service on the Polkadot and Kusama ecosystems.
Uniswap's [UNI] status as the top Automated Market Maker (AMM) could be at risk after a certain Maverick protocol announced a partnership with Lido Finance [LDO]. Like Uniswap.
Putting the global crypto market's ubiquitous downward trend aside, Lido Finance (LDO) token has been moving in a bearish direction over the past week. While the universal bearish trend could have contributed to LDO's downward trend in the past week, research proves it's more than that.
Lido, which is currently one of the largest DeFI ecosystems in the crypto-space, expanded its ecosystem to Polkadot in the latter half of 2021. This expansion of Lido onto the Polkadot ecosystem was led by a blockchain auditing firm known as MixBytes.
LDO, the governance token of the popular Ethereum liquid staking solution Lido Finance, has experienced a sharp drop.
Lido Finance governs ending liquid staking on the Polkadot and Kusama systems, according to a proposal submitted on the forum on March 8.
The proposal comes as MixBytes, Lido's partner developer firm for Polkadot and Kusama liquid staking, announced to stop supporting the networks.
The protocol increases the capital efficiency for liquidity providers with automatic trading modes, Maverick CTO Bob Baxley told The Block.
Lido Finance, a popular DeFi protocol, has paused the staking and withdrawal functionality of MATIC, the native token of Polygon, an Ethereum sidechain.
With the upcoming Ethereum Shanghai hard fork in April, which will allow ETH to be withdrawn from the deposit contract for the first time in over two years, Lido Finance (LDO) has been singled out by many experts as one of the biggest beneficiaries of the upgrade. The liquid staking protocol has the largest market share among all providers.
Bankless' David Hoffman apologized for spreading the rumor but that didn't make LDO recover weekend lows.