TL;DR The Graph has introduced the GRC-20 data standard, designed to redefine how information is structured, shared, and connected across dApps in the Web3 ecosystem. Key features of GRC-20 include interoperability, allowing seamless token exchange across various blockchain networks, enhanced security with advanced protocols, and flexibility.
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.
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.
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.
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.
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.
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.
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.
The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.
Lido DAO (LDO) approaches a critical resistance level as key technical and on-chain factors clash.
The Graph (GRT) has recently been making headlines in the cryptocurrency market, currently trading at around $0.165. As an innovative indexing protocol, The Graph enhances blockchain data accessibility, allowing developers to create and publish open APIs called “subgraphs.
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 cryptocurrency market has kickstarted the 3rd week of Uptober on a positive after recording negative price action for two consecutive weeks. Further, top tokens hint at a potential breakout, highlighting a positive outcome this week.
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.
Markus Thielen, the Head of Research at 10x Research, savvy traders are shifting their focus from Bitcoin to promising altcoins, and you might want to pay attention. Recent trends show that trading volumes for altcoins have surged as traders look for high-risk, high-reward opportunities amidst changing market dynamics.
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.
The Graph token saw high demand in recent days and little selling pressure. The Funding Rate was also positive.
These three altcoin projects are vastly outperforming the market today, as investors increasingly pile into higher-risk crypto projects.
TL;DR The Graph has launched improvements to accelerate dApp development on Solana. New tools make it possible to access and synchronize blockchain data without having to write code in Rust. These updates aim to reduce deployment times and costs, promoting the expansion of the Web3 ecosystem on Solana.
The Graph's exponential growth underscores the rising demand for decentralized data solutions, potentially revolutionizing data autonomy and blockchain integration. The post The Graph clocks 1.95 billion monthly queries, registers 11-fold year-on-year growth appeared first on Crypto Briefing.
Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.
The Graph, a decentralized protocol for blockchain data indexing and access, has introduced key upgrades aimed at enhancing the decentralized applications ecosystem on Solana. A press release shared with crypto.news on Sept.
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.