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DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion

DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion

Global DeFi TVL reached $55.34 billion in 24 hours, with decentralized exchanges leading volume and Lido Finance reaching a $22 billion milestone, indicating robust DeFi sector growth.

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.

This Week Unlocks: ApeCoin Surpasses $50M, Aptos Exceeds $20M; Moonbeam, Flow, and Lido in Queue

This Week Unlocks: ApeCoin Surpasses $50M, Aptos Exceeds $20M; Moonbeam, Flow, and Lido in Queue

Six cryptocurrency projects, including ApeCoin (APE) and Aptos (APT), are set to release significant tokens this week. Moonbeam will release 9.7 million GLMR tokens, valued at $1.74 million, on September 11; Aptos will unlock 4.54 million APT tokens, valued at $23.85 million, on September 12. Lido will make available 1.5 million LDO tokens, Euler will release 150,000 EUL tokens, Flow will unlock 7.29 million FLOW tokens, and ApeCoin will unlock 40.6 million APE tokens, valued at $51.6 million.

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023.

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.

Litecoin vs Bitcoin: Understanding Litecoin by Comparison with Bitcoin

Litecoin vs Bitcoin: Understanding Litecoin by Comparison with Bitcoin

Litecoin was created by Charlie Lee on Oct. 7, 2011, with its codebase is a fork from Bitcoin. In contrary from hard fork and soft fork, this type "fork" doesn't share the transaction history of Bitcoin and it had its own transactions beginning from its genesis block.

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