| Mobile Web

Search results for Lido

Crypto

Aave joins DeFi partners to address $292 million KelpDAO hack

Aave has begun a joint recovery effort with major cryptocurrency firms under the slogan “DeFi United” to stabilise the DeFi lending market after a $292 million hack. The initiative focuses on covering the collateral shortfall for hacked rsETH. The incident stemmed from a vulnerability in KelpDAO’s LayerZero integration, enabling the minting of unbacked rsETH and borrowing of about $190 million in assets. Aave’s total value locked fell by $10 billion after the attack.

Crypto

Ethereum treasury firms need liquid staking to beat ether staking ETF returns

Ethereum (ETH) treasury companies need liquid staking and active yield strategies to offer investors higher returns than U.S.-listed ether staking products, a claim said. Lido head of institutional relationships Kean Gilbert said at EthCC 2026 that strategies such as posting ether as collateral and borrowing against it can generate higher returns than passive staking products. Liquid staking lets holders stake ether while receiving transferable tokens usable in DeFi.

Crypto

Lido DAO proposes $20 million buyback to support LDO after 95 percent drop

Lido DAO has proposed buying back its governance token LDO by deploying up to 10,000 stETH, a plan reported by CoinDesk. The Lido ecosystem operating team said LDO is trading at a historically depressed valuation and suggested purchases worth about $20 million, based on an ether price of around $2,000. The key issue is how to execute the trades. The proposal allows routing via centralised exchanges and cooperation with market makers.