SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
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Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
Lido and Rocket Pool didn't immediately see a massive rush in of capital after Kraken announced it had settled with the SEC.
Rocket Pool, an Ethereum liquid staking pool, accomplished a new milestone hitting $1 billion in total value locked (TVL) on
The crypto market has been seeing a slowdown since bitcoin's rejection at $24,000 and its subsequent decline below $23,000. However, there are some cryptocurrencies that have still found a way to register upward momentum even at a time when the broader digital asset market seems to be turning bullish.
The milestone comes less than two years after the launch of its mainnet.
The sudden price uptick of governance tokens for the largest liquid staking protocols Lido Finance, Rocket Pool and Frax Finance defies the decline of the broader crypto market.
Crypto News: Amid the upcoming Shanghai upgrade for the Ethereum network, Lido DAO, and Rocket Pool has been in the news over the past week. While the Crypto market generally recorded a 2.35% decrease in the last 24 hours, many assets faltered, but some tokens like LDO and RPL recorded exponential gains.
Not everyone makes money in crypto market! Brutal yet true!
An address connected to the BNB bridge exploiter has moved $74 million worth of cryptocurrencies to a new wallet, "0x5313."
Rocket Pool, the third largest Ethereum liquid staking protocol by trade value locked (TVL), has joined forces with Coinbase Ventures. According to an announcement on Rocket Pool's discord channel, Coinbase Ventures will be joining Rocket Pool's Oracle DAO (oDAO).
The Shanghai upgrade is fast approaching, and Ethereum whales can't keep calm. Lido finance total value locked (TVL) recently passed that of MakerDAO and today tops the market at $7.6 billion, accounting for 16.96% of the entire DeFi TVL.
Ethereum (ETH) primed to tap $1,700 after hitting a new ATH in 2023.
MetaMask, one of the world's most popular non-custodial staking wallets critical for DeFi and NFTs, has announced its support for Ethereum (ETH) staking.
To stake, or not to stake? That is the question, Ethereum holders.
Web 3's biggest wallet will now let users conveniently stake ETH with Lido or Rocket Pool.
Key Points: The MetaMask Product news comes just two months before an Ethereum upgrade that will allow users to withdraw their staked ETH.
The service lets users connect to Lido and Rocket Pool and stake ETH to receive liquid staking tokens directly from the staking providers. The post MetaMask Staking beta now live with Lido and Rocket Pool, ConsenSys Says appeared first on The Block.
The update comes two months before an Ethereum upgrade is expected to allow users to withdraw their staked ETH.
ConsenSys plugs into liquid staking providers Lido and Rocket Pool with the launch of MetaMask Staking.
Users will also be able to convert stETH and rETH back to ETH through MetaMask Swaps
The prices of liquid staking tokens Lido Finance ($LDO) and Rocket Pool ($RPL) have been rallying over the past few weeks as withdrawals of Ethereum ($ETH) staked on the network move closer to being a reality.
Top US crypto exchange Coinbase has given support for two Ethereum (ETH)-based altcoin projects as markets continue to consolidate. In an announcement via Twitter, Coinbase says it will be adding support for Aragon (ANT) and Rocket Pool (RPL) on the Ethereum network on December 8th when sufficient liquidity levels are achieved.
Top US-based crypto exchange platform Coinbase is adding three additional under-the-radar altcoins to its listing roadmap. Coinbase announces that Magic (MAGIC), Rocket Pool (RPL) and Aragon (ANT) are now on its roadmap. MAGIC is the token used to operate Treasure, a decentralized video game console.