Ethereum liquid staking solution Lido revealed its latest upgrade, V2, which will focus on a new staking router that will allow anyone to develop on-ramps for new node operators. Staked ether holders ...
Tag: stETH
Wormhole hacker buys Lido’s stETH on heavy margin
Readers might remember the curious heist of Wormhole, the inter-blockchain bridge that linked assets between the blockchains of Ethereum and Solana. Not only was it history’s largest bridge loss at $3...
3AC co-founder claims DCG and FTX colluded to attack Terra LUNA, stETH
Bankrupt firm Three Arrows Capital’s co-founder Zhu Su alleged that Digital Currency Group (DCG) and FTX conspired to attack Terra LUNA and staked Ethereum (stETH) in a Jan. 3 Twitter thread. The hedg...
3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH
Seven months down the line, 3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra....
3AC Co-Founder Su Zhu Alleges DCG and FTX Conspired to Attack LUNA and stETH
Three Arrows Capital co-founder Su Zhu alleged on Twitter that DCG and FTX conspired to attack LUNA and stETH. He accused them of engaging in misdirection. Su Zhu, a co-founder of the bankrupt fallen ...
Lido Staked ETH Price Prediction: Is stETH the best DeFi Yield During Christmas?
Ethereum is a powerful open-source decentralized cryptocurrency that supports a broad range of decentralized applications. With the fast expansion of the decentralized finance (DeFi) industry, it’s on...
Ethereum Remains Dominant Amidst Major Impacts to DeFi Ecosystem
December 9, 2022, 8:23PM EST • 9 min read Quick Take Ethereum continues to be the largest DeFi ecosystem by far, and has consequently endured significant impacts from the collapse of FTX and Alameda T...
Ethereum Isn’t WETH or stETH. But Jokes Still Move Markets
Unlike staked ether (stETH), or bridge protocols which allow you to “transport” tokens to different protocols (ie, sending Solana-based tokens to Ethereum via Wormhole), wETH doesn’t have a centralize...
stETH Depegs After Whale Pulls 84,000 ETH From Curve Pool
A whale removed 84,131.76 ETH from DeFi protocol Curve Finance, causing stETH to depeg to 0.9671 ETH. The whale moved his stETH from Curve to address 0xf44Ac73b957B28207504Ee2fd5d51eCbfeF7d8fF, which ...
stETH sees growth in APR, yet fails to deliver on the price front because…
stETH clinched an all-time high in its APR since the Merge Recent market downturn caused by FTX’s collapse has made it hard for its price to see much positivity stETH, the tokenized form of staked Eth...
Improving Capital Efficiency of Staking
November 14, 2022, 12:57PM EST • 7 min read Quick Take Liquid staking and superfluid staking are some of the typical methods to improve the capital efficiency of staking. Cross-staking enables the sam...
Lido Staked Ether (stETH) and Uniswap (UNI) Rises; Flasko (FLSK) Impresses Investors
With only about two months to end the year, now would be the perfect time for investors to seek opportunities for prospective cryptocurrency acquisitions for 2023. Cryptocurrency investors are searchi...
‘The stETH discount has all but vanished’- How true is this?
Staking rewards for Ether and Ether-backed liquid staking derivatives shot up in recent weeks. This could be attributed to increased network activity, specifically in ways that result in higher fees f...
Potential ETH investors have all the reasons to bet on stETH this financial quarter
Over the past month, Lido’s staked ETH managed to trade above Ethereum. This development could be attributed to the success of the Merge. It also led to investors having increased interest in stETH du...
Ethereum’s largest staking service finally regains stETH peg
The token associated with Ethereum’s largest liquid staking program has regained its 1:1 peg to ETH. After dipping as low as -7% in mid-June, Lido Staked Ether (stETH) has regained its peg and now tra...
Curve Finance: A-Z of how stETH pool has fared amid market drawdown
With the current liquidity provided at its February level, new data from the on-chain analytics platform, IntoTheBlock, revealed a consistent decline in key ecosystem metrics on Curve Finance. Housed...
More Than $33M in ‘Smart Money’ Changed Quickly into stETH Tokens
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Maker Doubled Its Debt Ceiling on Staked Ethereum (stETH) Vault!
The popular crypto lending platform, Maker, has doubled its debt ceiling on the staked Ethereum (stETH) vault. Maker is the most significant decentralized finance (DeFi) protocol behind creating DAI s...
A Comprehensive Look at Ethereum and The Merge: Part Two
September 12, 2022, 3:42PM EDT • 14 min read Quick Take The Ethereum network is just days away from the merge, where it will finally transition from proof-of-work (PoW) to proof-of-stake (PoS) consens...
20K Staked ETH (stETH) Worth $33 Mln Removed From Curve
Bankrupt hedge fund Three Arrows Capital on Tuesday removed nearly 20,945 stETH worth nearly $33.76 million from Curve ETH liquidity pool. Three Arrows has also withdrawn 203 WBTC, 4,051,368 USDT, and...
Staked Ether (stETH) Could Cause Glitch or Delay in ‘The Merge’: Analysis
The most awaited update on the Ethereum network, dubbed The Merge, is scheduled to launch by September. Ever since the Ethereum developers announced the launch dates, many changes were witnessed aroun...
stETH Dips on Forkening – Trustnodes
The ethereum staking tokens, Lido’s stETH and Rocketpool’s rETH, have been falling slightly recently in relation to eth. stETH dipped from 0.974 eth to 0.968 as of writing, when in theory it should be...
Lido Announces stETH Layer-2 Compatibility as LDO Explodes 160% Weekly
The development team behind Lido announced plans to expand the support for its staked Ether (stETH) across the growing layer 2 ecosystem to allow stakers to enjoy lower fees and access to a new suite ...
Is Celsius Selling All Withdrawn stETH To Coinbase Custody?
Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address. In fact, the address seem...
Celsius Pays Off Aave Loan, Moves $418M ‘stETH’ Stack to Unknown Wallet
Last week, as reported by CoinDesk, Celsius fully paid off and closed its loan on Maker, one of the largest DeFi lending protocols, and freed up $440 million of collateral pledged against the loan, de...
Celsius Unlocks 400,000 stETH, Pays Off Debt To Aave
Celsius, the crypto lending firm which has recently been the subject of regulatory oversight for its operational failures due to insufficient liquidity, has confirmed that it has paid up 400,000 stETH...
Celsius Repays Aave Debt, Withdraws stETH Worth $416 Mln
Crypto lender Celsius has cleared its intention now as it continues to repay its Aave loan. The outstanding debt has now been reduced to almost $50 million. The crypto lender has also withdrawn stETH ...
Lido Staked ETH (stETH) Close To Ethereum Price, Why It’s Good For Crypto
Lido Staked Ethereum (stETH) slowly repegs with Ethereum (ETH) as total staking assets rose on DeFi liquidity giant Lido. stETH-ETH peg has improved to 0.9778 with the stETH price trading closer to Et...
Nansen report reveals Terra caused the stETH depeg and crippled Celsius, 3AC
The source of the current market volatility and liquidity issues with companies such as Celsius and Three Arrows Capital could be directly linked to staked Ethereum (ETH) on Lido, according to a June ...