Lido Staked ETH (stETH) Close To Ethereum Price, Why It’s Good For Crypto

Lido Staked ETH (stETH) Close To Ethereum Price, Why It’s Good For Crypto

Lido Staked Ethereum (stETH) slowly repegs with Ethereum (ETH) as total staking assets rose on DeFi liquidity giant Lido. stETH-ETH peg has improved to 0.9778 with the…

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Lido Token Jumps 24% as Staked Ethereum Slowly Repegs

Lido Token Jumps 24% as Staked Ethereum Slowly Repegs

Lido’s native token LDO has skyrocketed by more than 24% in the last 24 hours, hitting a weekly-high of $0.66 cents.  Meanwhile, Lido’s Staked Ethereum token, called…

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Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

This is not the same as the UST crash because the underlying asset, ETH, is not directly affected by the market price of stETH, CoinShares said. The…

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Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms

Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms

Singapore-based crypto hedge fund Three Arrows Capital is facing liquidation risks as it continues to remove stETH tokens from its holding. Three Arrows Capital on Thursday has…

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Bit.com Becomes the first Exchange to List Staked Ether (STETH) despite De-pegging Concerns

Bit.com Becomes the first Exchange to List Staked Ether (STETH) despite De-pegging Concerns

Bit.com, the Singapore-based exchange, has listed Staked Ether (STETH) on its spot and and perpetual futures markets, according to a recent press release. Bit.com becomes the first…

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