ArkotNews

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.

The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.

ETH’s price slid 1.5% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is expected to occur April 12.

The DAOs native token, VITA, rose 3% on news the community was considering the proposal.

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand. 

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