Lido DAO is contemplating a $20 million buyback of its LDO tokens using 10,000 stETH from its treasury, citing a significant undervaluation compared to Ether. The proposal aims to address a perceived price dislocation rather than normal market volatility, testing the role of treasury capital in token valuation.

Lido DAO’s decentralized autonomous organization is weighing a one-off $20 million buyback of its governance token, LDO, in a bid to address a pronounced price dislocation relative to Ether. The plan would swap 10,000 stETH tokens from the treasury for LDO, with proponents arguing that the governanc

Lido DAO proposed spending up to 10,000 stETH to buy its own governance token at what it calls a historically depressed valuation. That works out to roughly $20 million at current ether prices near $2,000. The problem is where to spend it. Onchain LDO liquidity sits at about $90,000 of depth at

Lido DAO’s decentralized autonomous organization is weighing a one-off $20 million buyback of its governance token, LDO, in a bid to address a pronounced price dislocation relative to Ether. The plan would swap 10,000 stETH tokens from the treasury for LDO, with proponents arguing that the governanc

A major Ethereum whale withdrew 32,395 ETH from Binance, indicating a leveraged strategy involving stETH and Aave. This approach amplifies staking rewards but carries risks, particularly if ETH prices decline. The move signals strong bullish sentiment in the market.

stETH was stuck between support and resistance at $3,091.14 and $3,164.64, which strengthened a technically balanced, low-volatility session. Profits against Bitcoin (0.6 percent at 0.03433 BTC) were compared to zero performance against Ether (0.9991 ETH), which perfects the strength of

_Ethereum trader gains $208M after $3.5M loss on Hyperliquid, holding $125M in stETH and $350M in USDC, using OTC trades._ An anonymous Ethereum trader has gained over $208 million in total profits after years of swing trading on Hyperliquid. Despite suffering a $3.5 million loss on a recent t

A certain whale deposited 15.5 million USD in USDC into the perpetual contract trading platform Hyperliquid and opened large long positions, totaling 2,070 Bitcoin in the past 12 hours, equivalent to an investment of 191 million USD. (Background recap: Memecoin rebounds first, is this the prelude to a bull market or a trap set by the whale?) (Additional background: MicroStrategy's first new year increase! Invested an additional 116 million USD in 1,283 Bitcoin, with USD reserves expanding to 2.25 billion USD) According to the latest data from blockchain monitoring platform MLM, a cryptocurrency "whale" has been active recently, attracting market attention. Specifically, this whale currently holds about 30,060 stETH (worth approximately 97 million USD) and has provided liquidity on the decentralized lending platform Aave.

USPD Protocol issues a security alert, suffering a severe vulnerability attack. The attacker used advanced techniques to gain administrator privileges, mint approximately 98 million USPD tokens, and steal 232 stETH. The team has cooperated with law enforcement agencies, marked the attack address, and proposed a white-hat rescue plan.