Post-Merge ETH has become obsolete
Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity.
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Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known…
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…
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…
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…
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action…
Ethereum staking service Lido announces layer-two expansion
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
Liquid staking firms could default on their Ether obligations if The Merge does not happen.
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days…
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago.…