Lido

(Pixabay)
Crypto Custodian Aegis to Add Coverage of Lido's Staked Token Derivatives
Aegis’ end-to-end custody now includes liquid staking services through Lido for its institutional users wary of regulation.
(Pixabay)

(Noah Buscher/Unsplash)
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.
(Noah Buscher/Unsplash)

Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)
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.
Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)

LDO is one of 142 assets out of 163 assets in the CoinDesk Market Index that are trading higher so far in 2023, followed by JASMY and MPL. (CoinDesk Indices)
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...
LDO is one of 142 assets out of 163 assets in the CoinDesk Market Index that are trading higher so far in 2023, followed by JASMY and MPL. (CoinDesk Indices)

Top liquid staking governance tokens (CoinGecko)
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.
Top liquid staking governance tokens (CoinGecko)

Solana's offices in New York (Danny Nelson/CoinDesk)
Staked SOL Tokens Falter as Solana Traders, Stakers Rush for Exits
FTX’s surprise implosion has rattled the infrastructure of Solana staking.
Solana's offices in New York (Danny Nelson/CoinDesk)

Frax Ether promises above-average ether staking yields. (ClaudiaWollesen/Pixabay)
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.
Frax Ether promises above-average ether staking yields. (ClaudiaWollesen/Pixabay)

(Getty Images)
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.
(Getty Images)

Ethereum Network Shows Signs of Increased Centralization After the Merge
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 discus...
Ethereum Network Shows Signs of Increased Centralization After the Merge

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