If the governance vote is approved, the most recent version of Lido will be launched on the Ethereum blockchain, which is Lido's largest market.
Shapella's smooth implementation of its stablecoin likely enhanced the overall market sentiment towards Ethereum's staking-based offerings.
Over 90% of the Ethereum market is occupied by Lido's liquid staking derivative token as the network eventually switches to proof-of-stake.
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The crypto IDO market saw a huge revival in February and March. These are signs that the market is picking up. This video will ...
Link to the DEx: https://archerswap.finance/
IDO or Initial DEX Offering is a fundraising mechanism in the cryptocurrency space that has gained popularity in recent years.
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.
Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.