Tag: lido dao

Jul 26 2022

ETH is the #1 Coin to Watch for the Week of July 25 – July 31, 2022

Last week the total cryptocurrency market valuation climbed from $995 billion to $1.08 trillion. The 8.5% increase in crypto market cap was most likely caused by the hype around the upcoming Ethereum Merge, which is the final step of Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. ETH rallied by more than two times the market average, climbing from $1,365 on July...

Jul 19 2022

Lido DAO Builds on Bullish Momentum With Support for stETH on Layer 2 Chains

Lido DAO announced on Monday that it is bringing the platform's stETH tokens to a wide range of Layer 2 (L2) networks, specifically those that have demonstrated sufficient “economic activity.” According to the company’s blog post, stETH won’t be available on L2 blockchain directly but rather through a new token called wstETH, which is a wrapped version of stETH.

Jul 18 2022

Ethereum Surges to $1,500 After Devs Outline Merge Roadmap

Ethereum’s long-awaited switch from the resource-intensive Proof-of-Work (PoW) consensus algorithm to up to a 99% more efficient Proof-of-Stake (PoS) mechanism could take place in two months' time. According to Ethereum developers Tim Beiko and Superphiz.eth, the Merge is currently planned to take place about a month after the Goerli testnet moves to PoS as the last Ethereum testnet to merge with the PoS...

May 25 2022

What Is Lido DAO? Enter The World Of The LDO Token!

May 25 2022 Published at CryptoTicker under tags  crypto ldo lido dao staking tradingview

Proof-of-stake (PoS) is a consensus mechanism that strives to be a more energy-saving approach when compared to a proof-of-work consensus mechanism. Lido is one of the newest staking solutions for PoS blockchains. Thanks to the new interest in blockchain technology, the relatively new industry continues to strive while introducing new and beneficial products to users. PoW is the oldest consensus mechanism in the...

May 17 2022

Bitcoin is the #1 Coin to Watch for the Week of May 16 – May 22, 2022

At the beginning of Week 20, the total cryptocurrency market capitalization stands at a mere $1.38 trillion, which means that the valuation of all the cryptos in circulation has decreased by more than $250 billion last week. One of the main reasons for this is the UST de-peg and subsequent collapse of Terra’s LUNA, once a Top 10 cryptocurrency. Furthermore, even Tether (USDT),...

May 09 2022

Ethereum DeFi Token, Lido DAO(LDO) Surges 30% On Binance’s Listing Plans

May 09 2022 Published at Coinscreed under tags  altcoin news lido dao

An hour after Binance announced it would list the token, Lido DAO(LDO) surged by over 30% on Monday. Starting at 11:00 UTC, LDO will be available for trading in the LDO/BTC, LDO/BUSD, and LDO/USDT pairs. This will be the first time the LDO token has been listed on any centralized crypto market. According to DeFi […] The post Ethereum DeFi Token, Lido DAO(LDO)...

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