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Lido
Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.
Crypto Markets Start Year on Positive Note After Horrendous 2022
The governance token of the Lido decentralized autonomous organization surged 26% so far in 2023, while bitcoin and ether have held steady after last year's steep losses. Some 142 assets of 163 assets in the CoinDesk Market Index are trading higher in the new year.
Ethereum's Upcoming Shanghai Upgrade Powers Lido DAO, SWISE, RPL Tokens Higher
Governance tokens of top liquid staking products rally as Ethereum's Shanghai upgrade is set to "de-risk" ether staking by opening ETH withdrawals.
Staked SOL Tokens Falter as Solana Traders, Stakers Rush for Exits
FTX’s surprise implosion has rattled the infrastructure of Solana staking.
Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model
The model will simplify DeFi integrations and supposedly allow users to earn above-average ether staking yields.
Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum
Users of Ethereum’s quicker, cheaper layer 2 networks will have access to the wrapped staked ETH (wstETH) token.
Ethereum Network Shows Signs of Increased Centralization After the Merge
In the hours following the long-awaited Ethereum Merge on Thursday, over 40% of the network’s blocks were added by just two entities: Coinbase and Lido. “The Hash” team discusses whether the shift from proof-of-work (PoW) to proof-of-stake (PoS) increased centralization of the network.
Ethereum’s Merge May Boost Public's View of Crypto
Crypto podcaster Laura Shin told CoinDesk TV’s “First Mover” that the software update may allay the concerns of those worried about the industry's impact on the environment.
What DAO Governance Has in Common With the ‘Eggheads’ Who Call a Recession
A whale on Ethereum staking protocol Lido rejected a plan to sell tokens to a VC firm, as an economic downturn looms.
First Mover Americas: BTC Holds $22K and ETH Takes Center Stage Again
The latest price moves in crypto markets in context for July 19, 2022.
