Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
[Mar 28, 2023 2:26 PM] Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.
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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
[Mar 22, 2023 2:00 PM] The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past…
Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
[Mar 20, 2023 1:30 PM] With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the…
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
[Mar 6, 2023 8:30 AM] It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
[Feb 26, 2023 11:30 AM] 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…
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
[Feb 25, 2023 11:00 AM] The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has…
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
[Feb 19, 2023 9:00 AM] In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin…
Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
[Feb 17, 2023 3:17 PM] This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency.
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
[Feb 16, 2023 11:00 AM] Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is…
Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
[Feb 14, 2023 8:27 PM] While LidoDAO’s current inflows of about 1000 stETH are sufficient to cover operating costs for the time being, it’s worried that may not last.
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
[Feb 11, 2023 1:30 AM] JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might…
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
[Feb 7, 2023 9:00 AM] As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL)…
Lido plans to level up ahead of Ethereum Shanghai hard fork upgrade
[Feb 7, 2023 8:00 AM] Liquid staking protocol Lido unveils upgrade plans for V2, set to unlock stETH withdrawals and introduce Staking Router architecture.
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork
[Jan 25, 2023 6:30 PM] While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback…
DeFi Begins Recovery As TVL Exceeds $45 Billion
[Jan 17, 2023 7:10 AM] Decentralized Finance (DeFi) has always been the most evolving sector in the Web3 space. With new innovations and protocols popping up in the DeFi industry, the ecosystem total value locked (TVL) continued to increase until the bear market stepped…
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
[Jan 13, 2023 4:30 PM] Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.
MetaMask Staking launches, plugging into Lido and Rocket Pool liquid staking
[Jan 13, 2023 11:00 AM] ConsenSys plugs into liquid staking providers Lido and Rocket Pool with the launch of MetaMask Staking.
Lido Token Spikes, Are Whales Actively Accumulating LDO?
[Jan 5, 2023 6:45 AM] Following Ethereum whale interest in the Lido Finance token, LDO has gained massive momentum over the past week, up by 20%. Whalestats recently reported LDO was one of the most used smart contract tokens among the top 5,000 ETH investors. While…
Prediction: New Narrative Could See These Altcoins Skyrocket In 2023
[Jan 3, 2023 9:00 AM] A look at the top performers over the past 24 hours reveals a trend that could trigger a boom among certain altcoins in 2023. We’re talking about Lido Finance (LDO), which has risen 7% in the past 24 hours and 17% over the past seven days…
Lido overtakes MakerDAO and now has the highest TVL in DeFi
[Jan 2, 2023 12:08 AM] A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
[Dec 17, 2022 1:00 PM] The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in…
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
[Dec 12, 2022 12:30 PM] On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi…
Lido fundamentals shine even as the wider crypto market struggles to regain traction
[Nov 21, 2022 2:45 PM] Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
[Nov 16, 2022 8:30 AM] Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the…
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
[Nov 9, 2022 8:07 PM] Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.