Why CHZ, RVN, LDO, XLM And ATOM Are Dropping Like Flies
Be[in]Crypto takes a look at the five cryptocurrencies that dumped the most last week, more specifically, from Sept. 23 to Sept.
Keep up with what's happening in the crypto world in real-time.
Be[in]Crypto takes a look at the five cryptocurrencies that dumped the most last week, more specifically, from Sept. 23 to Sept.
When it comes to Decentralized Finance protocols, a handful stands out from the pack.
After a string of hacks and exploits across the DeFi industry resulting in millions in funds lost or in related damages, proceeding with caution is always wise. Knowing which protocols, projects, and platforms to trust is a challenge, but as open-source code, it can be checked by the public and private firms.
Gina Sanchez of Lido Advisors join CNBC's Frank Holland and the 'CNBC Special: Markets in Turmoil' to discuss where she's seeing investment opportunities in this market.
The firm behind the recent success story, where $350M in damages were prevented from hitting the Avalanche blockchain, has released an in-depth audit report of the popular Ethereum liquidity staking solution, Lido. The report has ultimately given Lido an all-clear signal, noting that no significant vulnerabilities were discovered.
The broader crypto markets are experiencing a huge bearish pressure ahead of the FOMC meeting. The global market cap which had recovered above $1trillion again dropped below the levels while the trading volume also dropped nearly 4% majorly holding the buying volume.
Crypto and stock markets continue to correct, but that doesn't mean all the investment opportunities are gone.
The cryptocurrency market has experienced modest gains over the past day after trading significantly below average to begin the week. Despite investors' cautious optimism about coin prices, it appears that there are still opportunities to profit.
The crypto market has had a bearish run for the past 4 months and has been the reason behind many projects shutting their operations.
ETH stakers on several platforms will not be receiving the ETHW airdrop when it occurs; notable platforms include Binance and Lido. While most stakers anticipate some new tokens in the form of ETHW airdropped to their wallets should the Ethereum fork occur, Binance, Lido, and others have announced nonsupport for the airdrop.
Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.
Lido DAO (LDO) showed so much strength as the price rallied from $0.5 to a region of $3, creating a new all-time high against tether (USDT) ahead of the anticipated “Ethereum Merge.” Lido DAO (LDO) benefited from the relief bounces across the crypto market as it continues to top the chart week in and week out but has since struggled after the merge.
Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss Sanchez's volatility survival guide and which stocks to consider.
The most anticipated event in blockchain history this year – the Ethereum Merge – has come and gone successfully. Following the Merge, the price of Ethereum-linked cryptocurrency assets such as Ethereum Classic [ETC] and the LDO, the governance token of ETH liquid staking platform, Lido Finance, rallied significantly.
Bitcoin maximalists have been up in arms about these revelations. They argue that this proves Ethereum is becoming more centralized, and censorship resistance is at risk.
Lido dominates ethereum staking with exchanges like Coinbase and Kraken following.
The cryptocurrencies below are trading in the downtrend zones and are capable of further decline.
When talks of the Ethereum [ETH] Merge became an irreversible focal point of the crypto community, Lido Finance [LDO] was mostly pointed out. Not just because it is the king in the ETH staking world but because it almost always took part in a price uptick.
With Ethereum's Merge due to happen tomorrow, new research from analytics firm Nansen has revealed that 64% of all ETH staked in the platform's Beacon Chain is controlled by only five entities. Of the big five, Lido leads the way with 31% of all staked ETH, while centralized exchanges Coinbase, Kraken and Binance control a combined total of 30%.
LDO faces the prospect of a "sell the news" event following the big "Merge" day.
LDO price faces downside risks from "sell-the-news" sentiment coupled with a bearish technical setup.
Though it can be challenging, Uniglo (GLO) is a digital asset that offers investors the best of both worlds – the potential for high returns without sacrificing safety. Uniglo is a digital asset that combines DeFi with security, making it a good choice for investors.
In a rapidly changing world, it's more important than ever for companies to have a robust and reliable audit system. Uniglo, a leading DAO project, has made the smart move of investing its time and resources in a top-tier audit.
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.