Lido Liquidity Crisis Will stETH Decoup Again?
Collapsed cryptocurrency lending platform Celsius has announced that it will withdraw $1.6 billion worth of Ethereum it had previously staked on the chain.
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Collapsed cryptocurrency lending platform Celsius has announced that it will withdraw $1.6 billion worth of Ethereum it had previously staked on the chain.
The removal of its iOS and Chrome Extension wallets from the market is scheduled for November 1, 2023, although customers will still be able to access their wallets until October 1.
Maverick launched a decentralized exchange designed to compete with Uniswap, in partnership with Lido, Liquity, and Galxe.
Contrary to certain rumors, Trust says user funds cannot be pilfered by merely taking a picture of its wallet’s screen.
Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.
As per the details from a tweet thread by Coinbase, iOS users will be unable to send NFTs from their wallets on iOS devices anymore.
For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems.
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term.