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.

Arbitrum has been an underachiever in the current market rally. Could Thursday's spike usher a stronger uptrend?

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.

TL;DR The Web3 gaming market continues to grow, with funding stabilized at $1 billion and a 72% increase in the use of Arbitrum compared to last year. Telegram stands out as a key platform for new releases, representing 21% of Web3 games.

Web3 gaming studio Drift Zone secured a $190,000 grant from the Sei network to integrate its ecosystem on the blockchain.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

Sei Labs and the Sei Foundation launch the Sei Research Initiative to address Ethereum Virtual Machine limitations, enhancing scalability and decentralization.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

Offchain Labs is advancing Arbitrum's scalability with a focus on alt-client solutions like Reth, Erigon, and Nethermind to enhance throughput and efficiency.

Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.

The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.

It's adding support for the Sei Network, so users will soon be able to buy, sell, and trade all their favorite Sei NFTs in one place. Magic Eden is like a big online store for NFTs.

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.

A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.

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.

Latest updates on the SEI, ONDO, and CETUS coins.

This month's token unlocks include both “cliff” releases, where the digital assets are unlocked all at once, and “linear” releases, where tokens are gradually unlocked over time.

The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.

Venus Protocol, one of the Top 5 decentralized finance (DeFi) lending platforms, today announced it has been approved for a grant from the Arbitrum Foundation.

Sei Network's token was trading at approximately $0.396, marking an impressive increase of 8.33% within a short time frame. This rise has brought the cryptocurrency closer to a crucial resistance level at $0.40, with analysts closely monitoring this point as a potential catalyst for further upward movement.

A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI).

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

Arbitrum's long/short ratio suggests that traders are heavily leaning towards another drop.

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.

The crypto markets are gearing up and heading towards the monthly close, which may keep up the ‘Uptober' vibes. While the Bitcoin price is just a few inches away from the highs, the market participants have become more optimistic over the next price action.

Sunray Finance may have lost the value of its SUN token, after a smart contract exploit on Arbitrum. The total loss after rogue SUN token minting is more than $2.8M, but the attack may mean Sunray DEX never launches.

Sei Network's DeFi integration has fueled its latest price surge, with technicals hinting at sustained growth.

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.

Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.

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.

The Sei Creator Fund has concluded two rounds, supporting 270 projects in the developer and gaming sectors with a $500,000 SEI pool, enhancing ecosystem development and Sybil detection.

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.

Offchain Labs introduces Timeboost, a protocol enhancing transaction ordering on Arbitrum chains, balancing speed and MEV protection. Discover how it aims to improve blockchain efficiency.