Lido


Technology

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.

Laura Shin, author of "The Cryptopians" and host of the "Unchained" podcast. (Erika Rich/CoinDesk/Shutterstock)

Opinyon

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.

Egg cracked yolk (Melani Sosa/Unsplash, modified by CoinDesk)

Markets

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.

BTC has rallied 15% in the last seven days, while ETH takes center stage, up 5% on the day. (Gwen King/Unsplash)

Markets

Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI

The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.

Liquid staking giant Lido to offer an ether staking service on Ethereum layer 2 networks. (geralt/Pixabay, PhotoMosh)

Markets

First Mover Americas: Bitcoin Has Best Day in a Month, but Ether’s Getting Even More Love

The latest price moves in crypto markets in context for July 18, 2022.

ETH outperformed BTC Monday morning, picking up momentum in advance of the network's upcoming "Merge." (Lance Grandahl/Unsplash)

Markets

The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows

"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.

Ether rallies as developers confirm tentative date for Ethereum's merge. (CoinDesk, Highcharts.com)

Markets

Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Technology

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

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)

Layer 2

Crypto Market Chaos: No, Lido Is Not ‘the Next Terra’

After over $1 billion in liquidations in just 24 hours, DeFi’s wild west period may be drawing to a close – but not everything’s a sham.

(Jaroslaw Kwoczala/Unsplash)

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