Lido to bridge liquid staking Ether tokens to IBC blockchains

Lido will release the wrapped version of its liquid staking Ether token on blockchains compatible with the IBC protocol. acquires preparatory license from Dubai’s VARA has received the MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority, bringing it another step closer to securing an operational license from the authorities. Recovers $990M Exposure From FTX

Kris Marszalek reported that only has a $10M exposure to FTX as it was able to recover $990M worth of funds from the now-bankrupt crypto exchange.