Lido Finance Launches v2 Upgrade, Institutional Infrastructure Continue to Attract Funding and Partnerships
May 16, 2023
Markets saw a retracement as retail sales data for April came in lower than expected, triggering fears of weak earnings from retailers. ^SPX 0.13% and NDAQ slid 0.3% and 0.6% lower than yesterday’s close, while the QQQ continued its ascent from nearly two weeks ago, up 0.5%. Digital asset markets saw a similar decline, with BTC dipping below $27k for the second time in the past month, and ETH trading at $1.8k at time of writing. Of the Top 100, CFX (+22%), KAVA (+22%), and LDO (+16%) have been the top gainers in the past week. Conflux unveiled its regulatory-compliant blockchain sim card, Kava announced its impending mainnet upgrade, while Lido launched its v2 upgrade, expanded on further below.