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Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days

In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus…

Continue ReadingValue Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days

Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge

The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or…

Continue ReadingCoinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top…

Continue Reading$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL