Thursday, April 25, 2024
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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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Crypto use in emerging markets driven by necessity: KuCoin Labs head

The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments.Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day of Blockchain Economy Istanbul in Turkey. In an exclusive

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Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era

Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise and fall of crypto culture," Cronje expressed his lamentations of crypto culture as he called for increased

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