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Lido Ends Staking on Polygon; Refocuses on Ethereum

[Dec 18 8:30 AM] The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on…

Metalex and Lido Finance Propose First Major BORG Initiative

[Aug 22 8:30 PM] Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with…

1inch Investment Fund Just Sold Ethereum, What Do They Know?

[Oct 24, 2023 10:00 PM] 1inch Investment Fund, a fund closely tied with the crypto exchange aggregating platform, 1inch, has sold 4,685 stETH for 8.54 million USDC at $1,823, according to Scopescan, an analytics platform, on October 24. By selling at spot rates, the fund…

Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks

[Jul 30, 2023 7:30 AM] Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million…

Lido (LDO) Bulls Lock Horns For Rally This Week Ahead Of V2 Update

[May 15, 2023 4:15 PM] May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform. According to Lido contributors, the V2 update is its biggest platform update yet and a step in…