Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
According to Rocket Pool, a liquid staking derivatives supplier, customers can have the power to liquid stake their ETH utilizing the Layer 2 (L2) Zksync...
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
According to statistics, the liquid staking platform Lido accounted for 7.45% of the whole worth locked in decentralized finance (DeFi) a yr in the past...
Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
In an announcement made on April 24, Binance, the cryptocurrency trade with the biggest commerce quantity, unveiled its newest staking product, wrapped beacon eth (WBETH)....
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
It has been every week since Ethereum’s Shapella exhausting fork, and statistics point out that ethereum deposits on April 18 have exceeded withdrawals for the...
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
Following the Shapella exhausting fork on April 12, 2023, roughly 332,368 ether, valued at round $699 million, has been withdrawn. Despite these withdrawals, liquid staking...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
According to a number of stories, a bug launched to the decentralized trade (dex) protocol Sushiswap’s sensible contract has resulted in additional than $3 million...
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
The whole worth locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling beneath the vary all through most of...
Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
With the crypto financial system experiencing vital positive aspects over the previous week and the value of ethereum rising 11.9%, the market capitalization of Lido’s...
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it could now not mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have...
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
During the previous 30 days, the entire worth locked (TVL) in Lido Finance’s liquid staking protocol elevated by 10.57%, with 7.56% of the rise occurring...