Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.
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Lido DAO Votes to Sunset the Lido on Solana Project
The Lido on Solana project will wind down following the inability of the P2P team to sustain the project due to financial constraints. According to the team, the sunsetting of…
Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.
Justin Sun Secures Top Spot as Private ETH Staker with $439 Million on Lido: Data
Blockchain entrepreneur Justin Sun has emerged as the largest Ethereum (ETH) pledger, committing over 282,796 ETH, approximately equivalent to $439 million. Sun committed significantly to the Ethereum 2.0 staking platform,…
Lido Finance Slashed For $30,000 On Ethereum After Staking Malfunction
Leading liquid staking protocol Lido Finance revealed on Wednesday that 20 Ethereum validators related to one of its infrastructure partners had been slashed of their ETH holdings. The company said…
Cosmos-Based Stride Governance Token, STRD, Surges 330% YTD, Outperforming ETH and LDO
Cosmos-based Stride has been on a roll lately. According to a recent Nansen report, the protocol currently commands more than 80% of the market share within the Cosmos ecosystem. Despite…
Lido on Solana Seeks $1.5 Million Financial Aid to Continue Operations
The team behind the Lido on Solana project is struggling to meet its initial objectives and is looking to the community to fund the project with $1.5 million for growth…
Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized.
AWS went down in the US, but Ethereum kept humming
Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future.
Lido Risk to Ethereum Grows as SEC Targets Exchange Staking Services
The U.S. Securities and Exchange Commission is convinced that all crypto assets aside from Bitcoin are securities. Its latest war on crypto exchanges has included staking services, which the regulator…