LDO Updates
Lido DAO team address tanks LDO price with active selling
Lido DAO tokens returned closer to their three-month lows after peaking above $1.16 on May 14. On-chain investigators noted activity originating from Lido’s team wallets. Lido DAO (LDO) erased its rec...
Large LDO Transfers Spark Speculation Amidst Market Activity
In the previous three days, the crypto community has been paying special attention to the Lido DAO (LDO) tokens due to some hefty on-chain activity. Or, to put it more bluntly, two Ethereum addresses ...
Lido whales dump $10 mln tokens — But that’s not LDO’s only problem
Whale-linked deposits and weak user activity point to sustained bearish pressure on Lido DAO. Technical rejection at $1.20 and declining derivatives metrics support short-term downside risk. A wallet ...
Lido DAO Initiates Emergency Vote to Replace Chorus One Oracle Node After 1.4 ETH Theft in 5-of-9 Multisig System
Lido Finance, a leading decentralized finance protocol managing over $23 billion in staked assets, announced an emergency vote by its DAO to replace a compromised oracle node linked to Chorus One. The...
Lido DAO Launches Urgent Vote After Critical Crypto Oracle Compromise
The world of decentralized finance (DeFi) moves fast, and sometimes, not always smoothly. Recently, a critical situation emerged within the Lido Finance ecosystem, prompting its governing body, the Li...
Lido confirms no user funds lost after oracle key breach
Although the Lido oracle incident sparked market caution over LDO token, it held on $1 at the time of writing.
Whale Liquidates LDO Short and Shifts Focus to Bitcoin with $1 Billion Bet on Hyperliquid
On May 12th, COINOTAG reported significant movement in the cryptocurrency market as a prominent whale, utilizing 40x leverage on the Hyperliquid platform, liquidated a short position in LDO. This stra...
Lido declares protocol ‘fully secure’ after oracle attack sparks emergency DAO vote
Ethereum staking protocol Lido has confirmed that it remains “fully secure and operational” following a breach in which an attacker compromised one of its protocol reporting oracles. The attack result...
Security Breach Alert for This Altcoin Listed on Binance and Coinbase: Are Funds Safe?
Lido Finance, one of the largest staking protocols on Ethereum, announced that a private key belonging to Chorus One, which operates in its oracle infrastructure, was leaked. Following the development...
Lido DAO Faces Cybersecurity Challenges: Compromised Oracle Sparks Emergency Vote Amid Ongoing Investigation
The Lido DAO is currently facing a critical situation following the compromise of one of its oracles, highlighting urgent cybersecurity concerns in the DeFi sector. This incident has prompted an
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