The stablecoin usual usd (USD0) has experienced a $ 340 million contraction in its supply over the past four days. This decrease coincides with an 8% decline in the value of the project’s USD0++ token, the staking derivative of USD0. Redemption Policy Shift Sparks Decline in USD0++ Value Throughout this past week, notable developments …
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $ 40 billion, with Lido Finance holding $ 28.77 billion of that sum. Staking Captures …
Cyber security firm Dwallet Labs said on Nov. 21 that vulnerabilities it found on several Infstones (a validator company) validators a few months ago “meant over $ 1B of staked assets were compromised.” Infstones has acknowledged the existence of the vulnerabilities but says it “disagrees with the severity of the potential impact.” Traditional …