Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama
The proposal comes as MixBytes, Lido’s partner developer firm for Polkadot and Kusama liquid staking, announced to stop supporting the networks. Original Source
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Lido Finance pauses polygon staking and withdrawal ‘out of prudence’
Lido Finance, a popular DeFi protocol, has paused the staking and withdrawal functionality of MATIC, the native token of Polygon, an Ethereum sidechain. In a tweet on Mar. 6, Lido Finance said the decision was reached due to a bug affecting stMATIC withdrawals. This decision was taken out of prudence to
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BridgeTower Capital to Onramp Lido, Offers Security Token For Avalanche’s Staking Rewards
Through BridgeTower’s regulated marketplace, institutional investors can complete their know-your-customer process, have a delegated, whitelisted wallet, stake their ether (ETH) straight into Lido’s system. BridgeTower’s integration with Lido’s ecosystem is fully automated and allows investors to take advantage of Lido’s staking infrastructure in ways that are consistent with regulatory standards. Source
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Lido Community Conducting Snapshot of V2 Upgrade Design Approval
The voting to approve these vast infrastructure changes began even before Lido’s chosen vetters finished their work. Lido lists seven auditors involved in checking the security of its v2 code, but only one, ChainSecurity, appears to have completed its audit. “The audit scope is huge, 7,5+K lines of code. It’s
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Lido Finance activates staking rate limit after more than 150,000 ETH staked
Liquid staking protocol Lido Finance has pushed the big red button in order to activate a protocol safety feature called "Staking Rate Limit" after more than 150,000 Ether was staked with the protocol in a single day.Lido is a liquid staking solution for digital assets, in this case allowing users
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THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K
The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year. The CME FedWatch Tool
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Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder – Bitcoin News
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with
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First Mover Americas: Lido DAO’s Governance Token Jumps 17%
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. The SEC is focusing on stablecoin issuers. The most recent SEC stablecoin crackdown
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Lido DAO’s Governance Token LDO Jumps on Treasury Proposal
The proposal was submitted by Lido DAO’s financial unit, Steakhouse Financial, and considers four treasury-related proposals, including whether the DAO should sell or stake the 20,304 ether (worth about $30 million) it holds in its treasury, diversify its stablecoin holdings and sell its protocol surplus of staked eth to finance
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