Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.
A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.
A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.
A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.
Lido DAO's efforts to shrug off a securities case have fallen through.
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.
An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.
Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
1INCH bounces back from major support, warranting a look at the network's level of utility which may not necessarily inspire much confidence.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
For some 1inch users, this scary scene became real on October 30th, 2024, between 9:12 PM and 11:22 PM CET. During this short time, users who connected their wallets to the 1inch dApp could have received a dangerous request.
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.
TL;DR 1inch has fallen victim to a significant supply chain attack, compromising its website and posing severe risks to users' funds and personal data. The breach occurred via a compromise of Lottie Player's content server, where hackers injected unauthorized scripts into websites using Lottie Player versions 2.0.5 and above.
1inch, a decentralized exchange aggregator, was compromised after attackers injected malicious code into an animation library update, prompting users to connect their wallets to a crypto drainer. On Oct.
1inch and multiple platforms that utilize the Lottie Player frontend library were been hit by a supply chain breach on 30 October. The perpetrator injected malicious code into the Lottie Player – a popular animation library adopted by various decentralized applications (dApps) and non-cryptocurrency websites.
Decentralized exchange aggregator 1inch's website has been breached along with multiple other platforms that use the same frontend library, Lottie Player.
Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.
Welcome to an interesting new blockchain cooperation unlike anything else expected. Leading distributed exchange aggregator 1inch has teamed with Bruce Lee's family to start its effort to sell and popularize Bitcoin and crypto acceptance under its “Take crypto SeriousLee” tagline.
Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
To drive crypto adoption, 1inch has unveiled an unlikely partnership with the Bruce Lee Family Company.
Crypto exchange 1inch, which says its name was inspired by Bruce Lee's iconic “one-inch punch,” has teamed with the late martial artist's family.
DeFi platform 1inch and the family of Bruce Lee have teamed up in a new initiative aimed at changing the public's perception of cryptos.
TL;DR 1inch partners with the Bruce Lee Foundation to promote DeFi adoption and financial autonomy through the “Take Crypto SeriousLee” campaign. The campaign draws parallels between Bruce Lee's philosophy and DeFi, aiming to make decentralized finance more accessible and appealing.
1Inch has officially partnered with the Bruce Lee Family Company in its bid to take DeFi and crypto mainstream
1inch Network has announced a long-term partnership with the Bruce Lee Family Company, aimed at fostering the adoption of decentralized finance and Web3 under the slogan “Take crypto seriousLee.” This collaboration celebrates the legacy of Bruce Lee, whose iconic “one-inch punch” inspired the name of the 1inch platform.
The DeFi app 1inch, perhaps most famous primarily as a crypto wallet, announced today a partnership with the Bruce Lee Foundation.
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee's legacy to shift public perception of cryptocurrencies.
Lido Finance has launched a "community staking module" to enhance Ethereum staking accessibility, following approval from Lido DAO members.
Lido DAO has taken a big step toward decentralization by voting to add a community staking module, moving closer to a fully open and permissionless staking protocol.
Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25. The CSM allows any user staking ETH to become a solo validator.
LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature simplifies access to staking by lowering the entry requirements for node operators.
TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows validators to operate with a minimum capital of only 2.4 ETH, thereby reducing entry barriers for new participants.
Lido DAO voted to incorporate the community staking module, a step towards creating a fully permissionless staking protocol.
The new solution enables more independent stakers to participate, thereby focusing on Ethereum's decentralization and security.
The Community Staking Module allows anyone to become a network validator with only 2.4 ETH.
Lido DAO (LDO) approaches a critical resistance level as key technical and on-chain factors clash.
Lido Finance expands to Optimism, strengthening its position as the leading DeFi platform with over $25 billion in TVL, while its token LDO struggles despite ecosystem growth.
Lido Finance, the largest DeFi platform by assets under management, is expanding. The liquidity staking platform said it now supports the deployment of its stETH value-accruing token on Optimism, a layer-2 solution for Ethereum.
The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment.
POPCAT leads Lido DAO in market cap. The meme coin based on a viral cat named Oatmeal has achieved a market cap of 987M while Lido DAO nearly matches with 982M.
Recent reports from blockchain analytics firm Lookonchain revealed that the whale liquidated 150,428 INJ tokens, valued at approximately $3.29 million. The transaction involved swapping these tokens for an impressive 2.44 million LDO tokens, worth around $3.05 million at the time of the exchange.
Lido Finance recently reported a remarkable increase in its total value locked (TVL), which rose by 10.83% over the past week, reaching $25.18 billion as of September 23, 2024. This growth is primarily attributed to a significant surge in Ethereum's price, which has enhanced the value of assets staked through the platform.
Lido Finance reported that its total value locked (TVL) increased by 10.83% over the past week, reaching $25.18 billion as of Sept. 23. This growth is primarily attributed to a rise in Ethereum's token price, which boosted the value of assets staked through the platform.