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27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking…

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Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million

A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue…

Continue ReadingBug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million

Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token

Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space.…

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Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days

The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6.…

Continue ReadingEther Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days

Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance

Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion.…

Continue ReadingValue Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance