Staked ETH – DIGIT INFO

Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails

DIGIT — Tue, 25 Jun 2024 20:38:26 +0000

The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid […]

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Fidelity Omits Staking From Spot Ethereum ETF Proposal

DIGIT — Tue, 21 May 2024 12:16:50 +0000

Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed to revise their 19b-4 filings with the U.S. Securities and Exchange Commission (SEC). Fidelity Alters […]

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Could staked ETH be classified as a security? Galaxy researcher weighs in

DIGIT — Tue, 21 May 2024 10:01:00 +0000

Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation.

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Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

DIGIT — Sat, 13 May 2023 03:00:05 +0000

In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 […]

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Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation

DIGIT — Mon, 20 Mar 2023 19:30:41 +0000

With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s […]

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Wormhole hacker moves $155M in biggest shift of stolen funds in months

DIGIT — Tue, 24 Jan 2023 05:42:40 +0000

Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds around different DeFi protocols.

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64% of staked ETH controlled by five entities — Nansen

DIGIT — Mon, 12 Sep 2022 13:00:00 +0000

New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms.

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

DIGIT — Sun, 11 Sep 2022 19:30:06 +0000

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. Moreover, the project’s […]

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Ethereum staking service Lido announces layer-two expansion

DIGIT — Tue, 19 Jul 2022 05:57:46 +0000

Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”

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