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.

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.

LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.

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.

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.

Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.

Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.

GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.

Lido Finance has launched a "community staking module" to enhance Ethereum staking accessibility, following approval from Lido DAO members.

Lido DAO has taken a big step toward decentralization by voting to add a community staking module, moving closer to a fully open and permissionless staking protocol.

Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25. The CSM allows any user staking ETH to become a solo validator.

LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature simplifies access to staking by lowering the entry requirements for node operators.

TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows validators to operate with a minimum capital of only 2.4 ETH, thereby reducing entry barriers for new participants.

Lido DAO voted to incorporate the community staking module, a step towards creating a fully permissionless staking protocol.

The new solution enables more independent stakers to participate, thereby focusing on Ethereum's decentralization and security.

The Community Staking Module allows anyone to become a network validator with only 2.4 ETH.

Lido DAO (LDO) approaches a critical resistance level as key technical and on-chain factors clash.

The global crypto market cap added $140 billion, spiking 6.3% to close the week above a two-month peak of $2.35 trillion. Bitcoin (BTC) championed the recovery, breaking past $68,000 and sparking a strong rally across the altcoin market.

Artificial intelligence (AI) tokens are making waves, with Humans.ai (HEART), VIRTUAL Protocol, and DIA emerging as the top gainers among AI coins in the third week of October. HEART has surged 88%, while VIRTUAL and DIA are up 76% and 21.67%, respectively.

Investors and traders should exercise caution and be more stringent with risk management.

Lido Finance expands to Optimism, strengthening its position as the leading DeFi platform with over $25 billion in TVL, while its token LDO struggles despite ecosystem growth.

Lido Finance, the largest DeFi platform by assets under management, is expanding. The liquidity staking platform said it now supports the deployment of its stETH value-accruing token on Optimism, a layer-2 solution for Ethereum.

The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment.

As the first week of October 2024 wraps up, several Artificial Intelligence (AI) coins are making waves with standout price performances and increasing investor interest.

POPCAT leads Lido DAO in market cap. The meme coin based on a viral cat named Oatmeal has achieved a market cap of 987M while Lido DAO nearly matches with 982M.

The 365-day MVRV ratio showed that 75% of DIA's holders during this time period were in profit.

Recent reports from blockchain analytics firm Lookonchain revealed that the whale liquidated 150,428 INJ tokens, valued at approximately $3.29 million. The transaction involved swapping these tokens for an impressive 2.44 million LDO tokens, worth around $3.05 million at the time of the exchange.

Lido Finance recently reported a remarkable increase in its total value locked (TVL), which rose by 10.83% over the past week, reaching $25.18 billion as of September 23, 2024. This growth is primarily attributed to a significant surge in Ethereum's price, which has enhanced the value of assets staked through the platform.

Lido Finance reported that its total value locked (TVL) increased by 10.83% over the past week, reaching $25.18 billion as of Sept. 23. This growth is primarily attributed to a rise in Ethereum's token price, which boosted the value of assets staked through the platform.

Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.

Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.

Lido has been on a bearish trend. However, an analyst's latest optimistic prediction of a potential multi-month rally offers hope.

DIA's decentralized price oracles provide Stacks with transparent and dependable data. Developers now have free access to price feeds, which improves Stacks' DeFi ecosystem.

DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement provided to Bitcoin.

Decentralized Information Asset (DIA), a trustless oracle network, has unveiled its new oracle architecture, “Lumina,” according to a Sept. 11 statement shared with CryptoSlate.

Oracle network DIA, designed to offer data feeds for any token and real-world asset on any blockchain, is set to transform the oracle architecture with the launch of ‘Lumina'. The testnet for the Rollup-based network will launch soon.

DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem, based on the most recent data shared with Finbold on Wednesday, September 11.