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news-imageMay 22, 2023

Week in DeFi: Lido V2 Launches, GMX Synths in Testnet and Cosmos Mesh Security

Don't miss our weekly roundup of the latest DeFi news, launches, airdrops, upgrades, hacks and alpha.
Publisher: CoinMarketCap
Sentiment: Neutral
ATOM
GMX

More News Articles

Positive
cover-imageCrypto Economy
April 1, 2025

Lido DAO Improves Governance With New Security & Voting Features

TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical and financial decision-making. These enhancements aim to boost participation, reduce risk, and ensure transparent, decentralized governance.

Negative
cover-imageCointelegraph
March 25, 2025

Abracadabra.Money's GMX pools hacked, $13M lost

About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 million. The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024.

Positive
cover-imageCrypto Economy
March 19, 2025

Interchain Foundation Open-Sources Evmos for Cosmos Ecosystem

TL;DR Interchain Integration: The ICF has open-sourced Evmos, now rebranded as Cosmos EVM, integrating EVM compatibility directly into the Cosmos SDK to streamline cross-chain communication between Ethereum and Cosmos. Developer Empowerment: Released under the Apache 2.0 license, Cosmos EVM enables developers to easily incorporate Ethereum features, Ethereum wallets, and native ERC-20 tokens.

Neutral
cover-imageThe Currency Analytics
February 21, 2025

LDO Price Action: Whale Activity and Volatility Impact

The cryptocurrency market is no stranger to volatility, and February 2025 has proven to be no exception for Lido DAO's native token, LDO. Whale activity, combined with unpredictable price movements, has created a volatile environment for the token, which is now experiencing a consolidation phase after significant fluctuations.

Positive
cover-imageThe Currency Analytics
February 16, 2025

LDO Bounces from Range Lows – Potential Buying Opportunity

Lido DAO (LDO), the governance token of the popular liquid staking platform Lido, has shown significant price movement recently, bouncing back from lows around the $1.50 mark. After being in a tight trading range since December, LDO's recovery has caught the attention of many traders, especially after the release of the highly anticipated Lido v3 upgrade.

Positive
cover-imageThe Currency Analytics
February 15, 2025

Lido DAO (LDO) Price Prediction 2025-2030

Lido DAO (LDO) has garnered attention in the crypto space for its innovative decentralized finance (DeFi) protocol, providing liquid staking solutions. As we approach 2025, predictions about Lido's future price have been made based on technical analysis and market trends.

Positive
cover-imageThe Currency Analytics
February 12, 2025

ATOM Price Shows Bullish Reversal Signals – Ready for an Uptrend

Cosmos (ATOM) may be ready for its next uptrend as several key technical indicators suggest the possibility of a price rebound. After a significant downtrend, ATOM has recently shown signs of recovery, with multiple signals from the market reinforcing the idea that the asset could soon experience a surge in value.

Positive
cover-imageThe Currency Analytics
February 12, 2025

Lido DAO (LDO) Shows Signs of Recovery, Eyes $2.40 Resistance

Lido DAO (LDO) has been demonstrating promising signs of a rebound after recently testing the lower boundary of its established trading channel. Following a price dip to around $1.60, LDO appears to be setting the stage for a potential uptrend, supported by technical indicators.

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