Lido DAO

Algorand

Tezos

The cryptocurrencies that performed the worst this week are the following altcoins.

Weekly Cryptocurrency Market Analysis: Altcoins Hit Price Lows And Continue Consolidation

Dash

This week, altcoins resume their uptrend and try to build upward momentum.

Weekly Analysis Of The Cryptocurrency Market: Altcoins Rise Sharply While Cryptocurrencies End Their Bear Market

Cryptocurrency prices are falling rapidly and have entered a more bearish trend zone.

Weekly Analysis Of The Cryptocurrency Market: Altcoins Continue To Crash And Reach Bull Fatigue

Top US crypto exchange Coinbase is rolling out trading services for yet another Ethereum (ETH)-based altcoin. The exchange's customers can now buy and sell Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, on the platform. LDO aims to allow users to stake ETH without locking assets or maintaining infrastructure.

Top US Crypto Exchange Coinbase Rolls Out Trading Services for Under-the-Radar Ethereum-Based Altcoin

Curve DAO Token

Prominent DeFi tokens, including Maker, Lido, and Curve, have all led the latest crypto rebound, jumping in price.

Curve Finance, MakerDAO, and Lido Lead DeFi Token Rally

An Ethereum (ETH)-based altcoin is rallying following news that top US crypto exchange Coinbase has added the project to its listing roadmap. Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, has seen more than a 16% price increase in the days following Coinbase's announcement via Twitter.

Ethereum-Based Altcoin Project Jumps After Crypto Exchange Coinbase Adds It to Listing Roadmap

Over the past 24 hours, tokens underpinning popular DeFi protocols like SushiSwap and Lido Finance have taken a battering.

Sushi, Lido Finance Drop 10% as Top DeFi Tokens Plunge

Lido integrated support for wrapped staked ETH on Layer 2 networks with a monthly rewards program to incentivize users. The post Lido launches support for staked ETH on Layer 2 integrations appeared first on The Block.

Lido launches support for staked ETH on Layer 2 integrations

Chainlink

New updates for Chainlink, post-merge improvements for Lido, and Maker's impressive revenues have helped these DeFi tokens take flight.

DeFi Tokens in Chainlink, Lido Finance, Maker DAO Jump 7%

Ethereum

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.

30% of Today's Staked Ethereum Is Tied to Lido's Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network's consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).

Value Locked in Lido Rises Prior to Ethereum's Merge, LDO Token Jumps 23% Higher in 7 Days

The token powering Ethereum staking service Lido Finance has enjoyed a heady rise over the past week, jumping from $1.60 to nearly $2 today.

DeFi Project Lido Finance Rose 20% Last Week Ahead of Ethereum Merge

Blue-chip DeFi tokens, including Lido and Compound, posted hefty gains as Ethereum's merge event fast approaches.

Lido Finance Leads DeFi Rally as Ethereum Mounts Recovery

Lido Finance's native token has fallen amid slowing demand for staking and mixed expectations of the upcoming Ethereum merge event.

Token Powering Ethereum Staking Platform Lido Finance Tumbles

Polygon

Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum.

Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards

The token backing popular Ethereum staker Lido jumped double-digits after the final test before the merge next month.

DeFi Token Powering Ethereum Staker Lido Finance Jumps 18%

ApeCoin

Bitcoin

Optimism

A widely followed crypto trader is sharing his outlook for Bitcoin (BTC), ApeCoin (APE) and two Ethereum (ETH)-based altcoins amid signs of potential recovery for the crypto market.

Popular Crypto Trader Forecasts What's Next for Bitcoin (BTC), ApeCoin (APE) and Two Ethereum-Based Altcoins

The Lido Finance plan to sell 10 million LDO tokens to Dragonfly Capital was originally rejected last month. The post Lido DAO approves treasury token sale to Dragonfly Capital after terms tweaked appeared first on The Block.

Lido DAO approves treasury token sale to Dragonfly Capital after terms tweaked

Uniswap

DeFi tokens like Curve, ChainLink, and Uniswap are among the top gainers as crypto markets reach $1.1 trillion in market capitalization.

DeFi Tokens Curve, Lido, ChainLink Jump Double Digits as Crypto Market Rebounds

The new proposal still calls for selling 10 million Lido DAO tokens to Dragonfly, but with a one-year lock-up this time around. The post Lido proposes new terms for treasury token sale to Dragonfly Capital appeared first on The Block.

Lido proposes new terms for treasury token sale to Dragonfly Capital

The majority of the votes cast were against the controversial Lido proposal to sell tokens to Dragonfly Capital without any lock-up. The post Lido DAO votes no to selling $14.5 million in LDO tokens to Dragonfly Capital appeared first on The Block.

Lido DAO votes no to selling $14.5 million in LDO tokens to Dragonfly Capital

The vote is half of a proposed $29 million token sale involving the liquidation of 2% of the Lido DAO (LDO) token supply for DAI. The post Lido DAO voting on proposed $14.5 million token sale to Dragonfly Capital appeared first on The Block.

Lido DAO voting on proposed $14.5 million token sale to Dragonfly Capital

If the deal gets approved, the Lido treasury will receive $29 million in the DAI stablecoin from investors. The post Lido Finance proposal wants Lido DAO to sell 2% of all LDO tokens appeared first on The Block.

Lido Finance proposal wants Lido DAO to sell 2% of all LDO tokens

Aave

Several DeFi tokens, including Lido and Aave, have enjoyed hefty, double-digit gains over the past seven days.

DeFi Tokens Lido, Aave, Curve Post Whopping Weekly Gains Amid Crypto Market Recovery

stETH's expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.

News for Lido DAO Crypto (LDO)