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%.

This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.

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

CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility.

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

TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.

LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.

BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.

With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.

Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $5.782 by the end of 2024. LDO price with a potential surge could reach a maximum of $22.112 by 2030.

LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.

When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.

LayerZero's native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.

Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.

In this bearish market sentiment, Nansen's CEO, Alex Svanevik has made a significant move that could trigger a sharp price drop in Lido DAO (LDO). On September 6, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that the CEO had dumped 3 million LDO tokens worth $2.89 million to Coinbase.

An early investor in LidoDAO, Alex Svanevik, divested the last LDO tokens from his wallet. Other whales are transacting the token, while ETH staking is facing challenges due to lower L1 fees.

TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.

The leading crypto firm Wintermute has rolled out Lido Staked Ethereum (stETH) as collateral for OTC trading. This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi).

LayerZero Foundation launched the LayerZero community program with three roles, offering up to 5 million ZRO tokens as rewards.

LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines.

The market's hostile environment is currently hindering altcoins gaining in the short term. With the broader market down by 2%, LDO losses mounted up to 18% since last week, continuing to end this week with pain for investors in the short term.

Lido DAO (LDO) has been under the spotlight recently, not just for its role in the Ethereum staking ecosystem but also due to the significant market activities involving Wintermute, a leading market maker. The LDO token, currently priced at $1.

On a day when major cryptos were unable to sustain what had at one point looked like a promising rally on strong US economic data and Nvidia results, investors turned to the altcoin markets for top crypto performers today.

As Bitcoin (BTC) reclaims the $60,000 mark, a ripple effect is being felt across the cryptocurrency landscape with altcoins like THORSwap (THOR), LayerZero (ZRO), Velo (VELO), and Kishu Inu (KISHU) experiencing double-digit gains. This article will explore how THORSwap, LayerZero, Velo, and Kishu Inu are making headlines and capturing investor attention amid the Bitcoin resurgence.

August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.

Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations.

According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price?

Hidden on the second page of Coinmarketcap, LayerZero is making waves in the industry as an omnichannel interoperability protocol. As it enables secure messages to pass across blockchains, its Ultra-Light Nodes (ULNs) act as smart contract endpoints on each chain.

Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.

Lido DAO adopts NTT standard to facilitate wstETH transfers to BNB Chain via Wormhole and Axelar, enhancing cross-chain interoperability.

Lido consolidates its position as a leader in Ethereum staking

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

Here is how some of your favorite assets concluded the week.

Lido is introducing Lido Institutional, a B2B-focused white glove service targeted at large customers like crypto funds and asset managers with ETH.

Lido Finance has launched its liquid staking application for institutional clients who want to stake large amounts of ETH.

Lido Finance, a leading Ethereum liquid staking service provider, has launched Lido Institutional, a high-grade liquidity staking solution designed for large-scale clients like custodians, asset managers, and exchanges.

Lido Finance's new institutional-grade staking solution could significantly enhance institutional participation in the crypto ecosystem, despite regulatory scrutiny. The post Lido Finance launches institutional-grade liquidity staking appeared first on Crypto Briefing.

Lido DAO price, a decentralized autonomous organization, announced on August 2nd the launch of Lido Institutional. This new offering is a specialized liquid staking solution that caters to custodians, asset managers, and exchanges' unique needs, among other institutional stakeholders.

The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.

Decentralized finance protocol Lido has unveiled a new staking product aimed at institutional investors. On Aug.

Aave continued its rally after announcing a custom Lido V3 vault, offering loans against a collateral of wstETH.

TL;DR Strategic Partnership: Animoca Brands has partnered with LayerZero Labs to integrate LayerZero's omnichain interoperability protocol into its ecosystem. This collaboration aims to enhance user and developer experiences across digital content, gaming, and entertainment. Leveraging Animoca Brands' Network: LayerZero will be the preferred interoperability solution for Animoca Brands' projects, including Mocaverse and Open Campus.

Animoca Brands' adoption of LayerZero's interoperability solution could significantly streamline cross-chain interactions, enhancing user experience and developer capabilities in the blockchain ecosystem. The post LayerZero becomes default interoperability solution for Animoca Brands appeared first on Crypto Briefing.

TL;DR Aave V3 ETH Lido Pool: The Aave Decentralized Autonomous Organization (DAO) has introduced the Aave V3 ETH Lido Pool, a custom liquidity pool specifically designed for Lido Finance's stETH and wstETH tokens.

Animoca Brands and LayerZero Labs announce a multi-year strategic partnership to enhance interoperability in digital content and gaming ecosystems.

The new Aave V3 ETH Lido Pool is designed to improve ETH borrowing and lending dynamics by isolating the Lido tokens.