News with the tag "steth"

The Singapore-based crypto exchange Bybit says it’s suffered a major security breach involving its Ethereum (ETH) cold wallet. According to the crypto analysis firm Arkham , about $1.4 billion in ETH and stETH has been taken. CEO Ben Zhou says the breach happened when an ETH transfer to a warm walle...

Liquity Protocol, a borrowing hub on Ethereum (ETH), reported a potential problem with its V2 vaults. The protocol called for all users to close their positions as a precaution. Liquity Protocol reported a potential issue with its V2 vaults, urging all users to close their positions for additional s...

A war for on-chain market dominance may be brewing. The question: What will be the collateral of choice in the decentralized finance (DeFi) economy? As of press time, DeFi protocols across all ecosystems have locked in almost $132 billion in value, according to DeFiLlama data, inching closer every d...

Spot On Chain’s data revealed that Curve’s founder, Michael Egorov, made a huge repurchase of 1.08M CRV a little over five hours ago. He bought the CRV tokens at $1.114 each for $1.2M, which marked his first major buyback since the June liquidation. CRV’s price dropped ~7.8% in the last 24 hours, bu...

Scam Sniffer’s comprehensive November report reveals concerning patterns in cryptocurrency theft, where a single victim lost $661,000 in stETH within minutes through a malicious signature attack. The month’s major losses demonstrated the scammers’ sophisticated approach, with incidents including a $...

Cardano (ADA) has recently surged, marking a significant recovery in its price trajectory and positioning it to possibly overtake Lido Staked Ether (LSTETH). This dramatic rise has drawn attention, as

The Ethereum network continues to grow steadily, reaching new highs in validators and staked Ether this year, but this might not be the best outcome for the ecosystem going forward. According to the Beacon Chain, the amount of staked Ether has been growing yearly, increasing by over 6 million throug...

On October 15, Lorenzo Valente, a research associate at investment firm ARK Invest, published a research paper to explain why “Ether Stands Out Among Digital Assets.” ARK Invest’s research highlights staked Ether (stETH) as an essential asset in Ethereum’s Proof-of-Stake (PoS) system. It describes E...

The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.

EigenLayer, an Ethereum restaking platform, topped the restaking ecosystem after hitting a TVL of $12.9 billion. According to data from IntoTheBlock, a crypto data analytics company, the TVL surged by 11% in one week from $11.6 billion.