News Explorer — Lido’s Dominance in Liquid Staking on Ethereum Does Not Extend to Solana

Lido’s Dominance in Liquid Staking on Ethereum Does Not Extend to Solana

Lido has established itself as the dominant liquid staking provider on Ethereum due to its solid security track record and the Lindy effect. However, Lido’s success has not translated to other blockchains like Solana. Solana faces a chicken-and-egg problem with liquid staking popularity and has yet to see a provider take off like Lido. The younger and less established market of Solana presents more opportunities for competition and growth.

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Sep 5, 10:40 am

Decrypt

Visa Promises Faster Credit Card Payments With USDC on Solana

Visa has announced its expansion into the crypto space by partnering with stablecoin USD Coin (USDC) and the Solana bloc… Read Summary

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Sep 5, 10:00 am

Decrypt

‘Pixel Pioneer’: Christie’s to Auction Keith Haring Digital Art as NFTs

Christie’s will auction five digital drawings created by artist Keith Haring in 1987 as Ethereum NFTs. The drawings, ori… Read Summary

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Sep 5, 9:12 am

Blockworks

Lido’s Dominance in Liquid Staking on Ethereum Does Not Extend to Solana

Lido has established itself as the dominant liquid staking provider on Ethereum due to its solid security track record a… Read Summary

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Sep 5, 9:31 am

The Block

MetaMask Users Can Now Convert Crypto to Cash and Deposit It With a Bank

MetaMask, the popular hot wallet, has announced that its clients can now convert cryptocurrency into fiat and have the f… Read Summary

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Sep 5, 7:34 am

The Block

Circle Deploys USDC Stablecoin on OP Mainnet and Base

Circle has expanded the availability of its USDC stablecoin by deploying it on Layer 2 networks OP Mainnet and Base. Bus… Read Summary

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Sep 5, 7:12 am

x.com

Visa to Settle Merchant Crypto Payments in USDC Over Solana

Visa has announced the expansion of its stablecoin settlement capabilities to merchant acquirers, with pilots being laun… Read Summary

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Sep 5, 3:13 am

Decrypt

South Korean Banking Giant Partners With BitGo, Opens Doors To Crypto

Hana Financial Group’s KEB Hana Bank has announced a partnership with crypto custodian BitGo, set to launch in late 2024… Read Summary

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Sep 5, 1:18 am

The Block

South Korea’s Hana Bank Partners With BitGo

South Korea’s Hana Bank has partnered with BitGo to develop digital asset custody services, set to launch in the second… Read Summary

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Sep 5, 12:56 am

Blockworks

Australian Senate Committee Opposes Digital Assets Market Regulation Bill

The Australian Senate Economics Legislation Committee has recommended against passing the Digital Assets Market Regulati… Read Summary

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Sep 4, 6:01 pm

Decrypt

Casio Dropping Free NFTs to ‘Co-Create’ Virtual G-Shock Watches

Casio is launching Virtual GShock, a blockchain-based community co-creation program in partnership with Polygon Labs, to… Read Summary

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Sep 4, 12:27 pm

Decrypt

Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares

While interest in altcoins has declined and investors have been withdrawing from crypto investment products, Solana (SOL… Read Summary

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Sep 4, 11:38 am

Decrypt

Crypto Market Might Look Calm, But It’s ‘Swimming Like Mad’ Beneath the Surface: Analyst

According to CoinShares, institutional investors are evenly split on crypto funds this week, with a meager $11.2 million… Read Summary

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Sep 4, 9:40 am

Cointelegraph

Harvard Legal Scholar Calls for Taxing the Metaverse

Harvard legal scholar Christine Kim’s research paper, “Taxing the Metaverse,” argues that the metaverse should be taxed… Read Summary

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Sep 4, 10:16 am

Decrypt

‘Crypto Can Be the Gateway to Better Financial Literacy’ Say Researchers

Researchers from the University of Connecticut have developed a Crypto Literacy Scale (CLS) to measure individuals’ know… Read Summary

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