Staking


Finance

Lido Finance Warns Leverage Is a ‘Hell of a Drug’

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

leverage (Shutterstock)

Markets

'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows

The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.

The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)

Finance

Binance.US Launches Crypto Staking Assault on Rivals Coinbase and Gemini

CEO Brian Shroder also said he would happily hire any of Coinbase’s disappointed applicants or those recently laid off by Gemini.

Binance.US CEO Brian Shroder (Binance.US)

Finance

Polkadot’s Moonbeam Adds Liquid Staking Giant Lido

The integration was facilitated by staking specialist MixBytes.

The Polkadot pavilion on the Promenade at the World Economic Forum in Davos, Switzerland. (Sandali Handagama/CoinDesk)

Videos

OKX Exec on Impact of Terra Ecosystem’s ‘Death Spiral’

The $14 billion collapse of the Terra network continues to have a ripple effect throughout the crypto industry. Lennix Lai, director of financial markets at Seychelles-based crypto exchange OKX, discusses Terra’s “death spiral” and its fallout on platforms that listed LUNA and UST.

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Markets

Staking Tool Lido DAO's Token Climbs Ahead of Binance Listing

LDO jumped 27% in 24 hours, with most of the gain coming in the Asian morning.

Binance will list the LDO token. (Dylan Calluy/Unsplash)

Layer 2

While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data

Staked ETH tokens are still showing signs of investor confidence.

(Jungwoo Hong/Unsplash)

Finance

Lido Briefly Becomes Top DeFi Protocol by TVL With $20B Staked

The DeFi protocol overtook Curve before falling back into second place.

(Shutterstock)

Layer 2

‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests

For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform.

(NASA/Unsplash)

Finance

Crypto.com Restarts Staking Rewards After Community Furor

Staking rewards of as much as 8% will be offered to its card users, the company’s CEO said.

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