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news-imageJanuary 14, 2023

Ethereum whales turn to these tokens ahead of the Shanghai upgrade

The Shanghai upgrade is fast approaching, and Ethereum whales can't keep calm. Lido finance total value locked (TVL) recently passed that of MakerDAO and today tops the market at $7.6 billion, accounting for 16.96% of the entire DeFi TVL.
Publisher: Cryptopolitan
Sentiment: Positive
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Positive
cover-imageCrypto Economy
December 12, 2024

Grayscale Bets Big on Optimism and Lido DAO with New Trust Launches

TL;DR Grayscale Investments launches two new investment vehicles: Lido DAO Trust and Optimism Trust, offering exposure to both protocols. Lido DAO Trust provides access to the LDO token, which facilitates liquid staking on ETH. Meanwhile, Optimism Trust offers exposure to the OP token, aimed at improving ETH scalability.

Positive
cover-imageCoingape
December 12, 2024

Just-In: Grayscale Launches Optimism and Lido DAO Trusts

Digital assets manager Grayscale Investments has reportedly added Optimism (OP) and Lido DAO (LDO) to its growing list of Trust products. Considering the different market niches the duo of Optimism and Lido DAO represents, Grayscale aims to expand its reach in both the Ethereum L2 and staking niches.

Positive
cover-imageThe Currency Analytics
November 26, 2024

Lido DAO's Breakout: Is $4 Within Reach for LDO

Lido DAO (LDO) has recently grabbed attention in the cryptocurrency market as its price surged, breaking out from a descending channel that had suppressed its value for months. This breakout has fueled speculation about whether the token can sustain its upward trajectory and reach the next significant milestone at $4.

Negative
cover-imageThe Currency Analytics
November 21, 2024

California Court Rules Lido DAO Members Liable Under Partnership Laws

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.

Negative
cover-imageThe Currency Analytics
November 20, 2024

US District Court Dismisses Lido DAO's Claim of Not Being a Legal Entity

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.

Positive
cover-imageThe Currency Analytics
November 8, 2024

Paradigm Capital Transfers 70 Million Lido DAO Tokens Amid Crypto Bull Run

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.

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