Crypto Fund Exits BLUR For Lido And IMX—Endorsing DeFi?
According to Lookonchain data, Sigil, a fund in Gibraltar, has exited BLUR, one of this week’s top-performing tokens, for Lido DAO’s LDO,
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Lido
Lido DAO discovered a security vulnerability in Ethereum protocol
Lido discovered a security vulnerability in Ethereum protocol, involving Node Operator InfStones. Liquid staking solution Lido has discovered a security vulnerability on its Ethereum protocol in the last 24 hours, specifically involving one of its Node Operators, InfStones. This issue, initially discovered a few months ago, was formally reported to InfStones
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Lido DAO, RebelSatoshi, and Cosmos surging
Lido DAO’s dominance could drive LDO beyond $2.85 ark by mid-November. ATOM could surge to $10.81 by the end of November. RBLZ presale launches at $0.01 per token with a projected 30% return expected in the short term. In November, Lido DAO’s resurgence, Cosmos’s potential to rally, and Rebel Satoshi’s unique approach to wealth democratization
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Lido (LDO), RocketPool (RPL), Coinbase (COIN) Prices Surge as Ether (ETH) Price Hits $2100
The iShares Ethereum Trust was registered by BlackRock Advisors as a corporate entity in Delaware. News of the filing Thursday morning sent ether soaring to as high as $2,100 – its strongest level since April's Shanghai upgrade. It's since pulled back to $2,006, still ahead 6% for the session. Source
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Lido Finance to stop Solana support while Cardano prices fall, new project unveils staking program
Lido Finance, the liquidity staking platform, has stopped its Solana liquid staking service after voters supported the proposal. At the same time, the price of Cardano has dropped, causing panic among investors. A new project has appeared, offering unique rewards for staking. Everlodge will allow holders of its native token, ELDG, to
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Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?
The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past
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The Rise and Challenge of Lido Finance in the World of DeFi
PEAK LIDO? As Ethereum transitioned over the past year to a fully functional proof-of-stake blockchain, market observers chronicled the staggering rise of Lido Finance, which effectively allows investors to stake their ether (ETH) – and thus earn rewards, yield – while also getting a token, stETH, that they can trade
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Lido Finance Sunsets Solana (SOL) Staking Product After DAO Vote
A proposal floated by P2P Validator, the developers who built the product on Lido in early September, revealed that they took losses of over $480,000 in the past year against the $700,000 spent to build the product. It shared concerns about being unable to achieve objectives in the next year,
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Lido announces phased shutdown of Solana operations
In an Oct. 16 post on the Lido blog, the multi-platform staking solution announced that it had decided that Lido on Solana protocol will be gradually phased out in the months ahead. Starting on the same day as the post, new staking activities will cease. Upcoming operational changes The Peer-to-peer (P2P) team, known
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Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm
Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer team on Sept. 5, citing unsustainable financials and low fees generated
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