According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into these platforms nudged upward by 0.643%, bringing the total to 14.08 million ETH. Ethereum Liquid Staking Surges to 14M Ether, 90,000 Added in 12 Days…
September 27, 2024 at 12:05 PM GST updated: September 27, 2024 at 11:30 AM 2 mins read Crypto Live News Bedrock suffered a $2 million exploit involving its uniBTC token and paused the affected contracts for investigation. The platform’s BTC reserves remain secure, and Bedrock plans to compensate users through a snapshot and airdrop of…
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during…
September 13, 2024 at 11:20 AM GST updated: September 13, 2024 at 10:55 AM 2 mins read News Solana’s annual inflation rate is 5%, reducing to 1.5% over 15 years, affecting unstaked $SOL holders’ purchasing power. Staking $SOL offers 8-12% annual returns, offsetting inflation and providing net positive gains for holders. Liquid staking allows $SOL…
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract…