Tag Archives: Lido

KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

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KelpDAO’s liquid restaking token, rsETH, has become the center of a major DeFi recovery effort after a hack estimated at roughly $290 million. The latest development came on Thursday, when Lido Finance unveiled a proposal aimed at supporting Aave’s (AAVE) coordinated response to the rsETH shortfall.  Lido Joins rsETH Recovery Effort The Lido plan was… Continue reading KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall→

Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?

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Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than… Continue reading Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?→