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Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses

While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto…

Continue ReadingCrypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses

Lido fundamentals shine even as the wider crypto market struggles to regain traction

Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.

Continue ReadingLido fundamentals shine even as the wider crypto market struggles to regain traction

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking…

Continue Reading30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value