An onchain wallet linked to a profitable Apecoin insider trade has increased its Lido DAO (LDO) holdings to 10.26 million tokens, worth about $4.58 million. This accumulation came after LDO's 19% drop on April 20, triggered by a DeFi contagion from the KelpDAO breach. The wallet's move suggests a strategic bet on Lido DAO's recovery, which has seen a 5% price rebound amid improving DeFi sentiment. Lido DAO controls a significant portion of staked ether, making this position influential in the DeFi ecosystem's governance and future direction.
Lido Finance has reintroduced its Integrated Fast Swaps feature, allowing users to instantly swap stETH into ETH, USDC, or WBTC via CoWSwap's batch auction system without waiting in Ethereum's traditional withdrawal queue. This feature completes tran...
Ethereum's Pectra upgrade raised the validator balance cap from 32 ETH to 2,048 ETH and introduced native compounding of staking rewards, aiming to reduce validator sprawl and improve efficiency. However, consolidation of validators is progressing sl...
