Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.
A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.
A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.
A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.
Lido DAO's efforts to shrug off a securities case have fallen through.
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.
An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.
Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.
The U.S. District Court ruled that Lido DAO is a general partnership under California law. The court ruled that Lido DAO participants can be held liable despite its decentralized structure.
A federal court in California has ruled that members of the Lido DAO can be held liable under state partnership laws.
Terra Classic price has surged significantly, aligning with November's broader crypto market rally. This bullish trend has sparked optimism among investors, with the potential for a 170% rally.
Terra Luna Classic has gained investors' attention lately, especially with the soaring volume of the token. According to reports, the weekly volume of Terra Classic soared past the 2.27 trillion mark on Binance last week, sparking optimism over LUNC price's potential rally to $0.0005 next.
Terra Luna Classic price has remained under pressure in the past few days, as it retreated by 10.95% from its highest level this week. LUNC, the remnant of the collapsed Terra network, was trading at the psychologically important support level at $0.00010.
TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.
The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
Terra Classic (LUNC) price has surged sharply over the past week, fueled by a broader crypto market rally. This bullish November trend is capturing the attention of investors, and analysts anticipate further upward momentum.
Terra Classic (LUNC) joined the latest rally that saw Bitcoin topping $80K for the first time in history. As altcoin bulls flexed their muscles, LUNC gained over 20% on its weekly chart. Ecosystem developments such as intensified token burns and broad market rallies contributed to LUNC's prevailing performance.
Terra Classic registered double-digit growth last week, but the trend might change soon.
Why is the major upgrade by Orbit Labs of crucial importance to Terra Luna Classic's chain revitalization path?
Terra Classic (LUNC) price has surged significantly recently, aligning with a broader crypto market rally drawing investors' attention. As bullish trends dominate November, LUNC's price momentum has sparked optimism among analysts, with a key target set at the $1 level.
Nexo's transformation highlights the growing convergence of traditional finance and digital assets, setting a new standard for wealth management. The post Nexo evolves into a premier digital assets wealth platform appeared first on Crypto Briefing.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
LUNC News: OrbitLabs has proposed a thorough review of the new “Reverse Charge” tax system on Terra Classic. This tax mechanism aims to simplify tax handling on the blockchain by deducting taxes from the recipient rather than the sender.
A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.
Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.
Luna Classic price was previously boosted by a court-sanctioned burn of 4% of LUNC token, and Trump's win just brought in new propulsion.
Terra Luna Classic's price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.
Terra Luna Classic price is inching closer to a breakout following increased market volatility resulting from the just-completed U.S. elections. LUNC price increased by 8.6% in the last 24 hours and is trading at $0.00009162 after Bitcoin momentum picked up and pushed the entire crypto market up by 6.4% to $2.588 trillion.
The Terra Classic price crawled back on Tuesday, November 5, reaching an intraday high of $0.000086. This LUNC recovery happened after Terra announced that it had permanently closed the Shuttle Bridge and burned the remaining tokens.
2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.
2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.
Terraform Labs (TFL) has executed a large-scale token burn of 251 billion Terra Luna Classic (LUNC) and 264 million TerraClassicUSD (USTC) tokens from circulation. The burn was part of a settlement with the U.S. Securities and Exchange Commission (SEC) that required TFL to dispose of specific assets held in its Shuttle Bridge wallets.
The Nexo app is an innovative platform that combines the functionalities of centralized finance (CeFi) and decentralized finance (DeFi), allowing users to manage, trade, and earn interest on their crypto.
Terra Classic is on the move! A breakout rally is building up, driven by high trading volume and a strong, bullish market trend.
The Terra Luna Classic community has approved a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain. This “Reverse Charge” mechanism changes how taxes are deducted in transactions, making it easier for developers and users to navigate the system.
The world's largest crypto exchange Binance burned 1.048 billion Terra Luna Classic tokens in the 27th batch of its LUNC burn mechanism. With the latest Binance LUNC burn, the total tokens burned by the Terra Classic community reached almost 137 billion.
Terra Classic [LUNC] price has sparked fresh optimism within the crypto community following a bullish breakout from an ascending triangle pattern. This technical move suggests a potential rally, even as broader market corrections persist.
A new look: from the logo, website, and improved user interface.
Terra Classic's breakout rally gains traction with strong volume and bullish market patterns.
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.