Lido DAO (LDO) has been on a remarkable upward trend recently, seeing a 27% increase in the past week. As of today, the token is trading at $2.14, reflecting a 10.06% gain in the last 24 hours.

Lido Dao has experienced a strong upswing over the past week, hiking by 27%.

Thorchain, the decentralized cross-chain protocol known for its liquidity services, is facing a serious financial crisis. The platform recently paused its lending service, THORFI, following a wave of insolvency concerns.

ThorChain has gained the spotlight for the wrong reasons, as it has suspended its Bitcoin and Ethereum withdrawals. This happens amid its insolvency accusation, which came to light after its $199M debt crisis.

Several events have impacted DeFi projects and exchanges throughout this week. While ThorChain announced insolvency to suspend its operations leaving behind a $93 million deficit, Singapore-based Phemex endured a hack resulting in over $70 million in losses.

Thorchain community members fear the protocol's savers and lending programs have imperiled its future.

Node operators voted to temporarily suspend redemptions for the platform's decentralized finance (defi) offerings, but core developers claim it's business as usual for all other aspects of the network.

Lido DAO's native token, LDO, has captured the attention of crypto enthusiasts following a strong rally in the past 24 hours. However, the token is now testing a key resistance level at $2.10, a level historically associated with selling pressure and price declines. $7.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

Founded in 2018, THORChain is an OG DeFi L1 chain that rose to fame with its innovative cross-chain swaps (THORSwap). Since then, the chain has expanded to offer lending and savings interest accounts.

Lido DAO (LDO) is experiencing a 12% price surge, trading at $2.08 after weeks of sideways momentum. The altcoin remains stuck under a month-long barrier of $2.20, unable to break out.

THORChain DeFi platform paused BTC and ETH withdrawals. RUNE price plunged over 20% today as THORChain insolvency claims circulate.

The cryptocurrency market has surged today, fueled by a 44% rise in trading volume over the last 24 hours. This comes after Thursday's decline in market activity, reflected by the 2% drop in total market capitalization.

Contrary to expectations, the crypto market has largely experienced consolidation since Donald Trump's January 20 inauguration. Leading assets have remained range-bound, with little dramatic price movement.

TL;DR THORChain has halted operations of its THORFi service due to financial issues and concerns over debt management. Its native token, RUNE, has dropped 19.33% in value over the last 24 hours, reflecting the crisis and causing uncertainty within its community.

THORChain has suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after reports of a $199 million liability surfaced. On Jan. 24, THORChain founder John-Paul Thorbjornsen disclosed that validator node activities for THORFi services have been paused.

THORChain is in the news again, but not for the right reasons right now.

RUNE, the native cryptocurrency of the decentralized liquidity protocol THORChain, is facing strong selling pressure amid reports of insolvency. The RUNE price has crashed 30% in the last 24 hours with its market cap plunging under $800 million and daily trading volume shooting up by 112% to $758 million.

A Pepe Coin whale appears to be betting big on Lido DAO, which has also contributed to the recent 18% rally in LDO price. Notably, Lido DAO has gained significant attention from a flurry of investors lately, as evidenced by the recent accumulation trend of the token.

While cryptocurrencies displayed gains on Friday, the THORChain community welcomed negative news, which saw RUNE decoupling with substantial losses on its 24-hour chart. DeFi platform halted its lending site THORFI, potentially due to financial instability due to emerging bankruptcy allegations.

Cross-chain swap protocol THORChain has put its THORFi services on hold thanks to financial uncertainties linked to allegations of insolvency.

THORChain temporarily suspended lending and savers programs to prevent insolvency and safeguard liquidity providers.

The protocol seeks to prevent the risk of insolvency.

Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.

On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt.

RUNE Plunges 30% as THORChain Pauses Bitcoin, Ether Withdrawals

THORChain has paused THORFi services as it faces financial uncertainties with allegations of insolvency swirling around.

Lido DAO (LDO) has made notable strides in recent days, fueled by significant whale accumulation and growing investor optimism. As LDO's price sees a steady increase, the token's trajectory is drawing attention, particularly after a whale moved to acquire millions of tokens.

Konstantin Lomashuk, the founder of the Lido staking protocol, has shut down rumors that he has created a second Ethereum Foundation. The address follows reports that Lomashuk had hinted at creating the organization.

Lido founder Konstantin Lomashuk's “Second Foundation” idea has generated significant discussions. Through this new idea, people talk about Ethereum's leadership structures and the need for fresh ideas.

Lido's Konstantin Lomashuk said "no actual second foundation has been created yet," following rumors of a splinter organization.

Konstantin Lomashuk, Lido Finance's co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures.

Lido DAO whale has accumulated 2.72 million LDO tokens worth $4.9 million over the past day.

Vitalik Butern's proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network's community.

Lido founder Konstantin Lomashuk created a “Second Foundation” for Ethereum as the blockchain is going through leadership debacles.

While retail investors are buzzing about AI and meme coins, whales stack up on DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE). Yesterday, a whale bought 2.72M $LDO, bringing their total holdings to 5.565M tokens.

Lido DAO (LDO) token dropped around 3.3% in the past 24 hours as a whale bought 2.7 million LDO at an average price of $1.82.

London, United Kingdom, 15th January 2025, Chainwire

DeFi giant Lido on Wednesday announced a significant development in association with Deutsche Borse's crypto arm, Crypto Finance AG. It essentially underscores the mission of Lido to expand the access of staked ETH to institutional investors.

If I were a THORChain creditor, I'd withdraw my bitcoin collateral ASAP.

THORChain (RUNE), once a beacon of potential in the DeFi space, has seen its yearly gains evaporate, while newer entrants like Pepe Unchained (PEPU) and PIPPIN soar. Pepe Unchained and Pippin seem to be riding a trend reversal that has seen most memecoins register modest gains after days in the red.

THORChain's 2024 year-end report highlights major developments, including new integrations, liquidity changes, and strategic upgrades to enhance the network's efficiency and security.

ThorChain founder JP Thorbjornsen and the development team have decided to pause the ThorFi Savers and Lending programs for the next 12 months. The decision, announced Thursday, comes after consultations with key community members, devs and node operators, according to the project's Discord.

Lido DAO (LDO) has captured the attention of the crypto community recently, as its price action has drives significant bullish potential. After breaking out of a falling wedge pattern, LDO's price trajectory is being closely watched by traders, with key support and resistance levels forming the backbone of its future movement.

Lido DAO's token has broken out of a falling wedge pattern with increasing market participation, showing a 50% recovery from recent lows

LDO's bullish outlook emerges from a falling wedge breakout, supported by strong volume and key support at $1.88.

In October 2024, the volume of ethereum locked into liquid staking platforms surpassed the 14 million ether threshold. However, as of 2025, the total ETH held in these protocols has fallen below the levels recorded at the end of November. As of Sunday, Jan. 5, 2025, approximately 13.