Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $ 1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $ 1.17 Billion Pulled From LSD Platforms In the initial two weeks of April, a notable reduction of 380,000 ether …
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued at approximately $ 1.18 billion. $ …
The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $ 11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $ 11.6M Lost to Hackers, Emergency Measures Activated On a recent Thursday, blockchain surveillance and safety squads from Peckshield …
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $ 26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $ …
The quality of a meme coin’s distribution is what determines if it has staying power or not, Giotto De Filippi, the co-founder of NFT Juice has said. De Filippi, an activist for Polkadot’s crypto token DOT, suggested that only a few meme coins owe their success to a “very good distribution” which he said takes […]