#liquid
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Could Lido DAO Members Be Held Liable?
A California court has determined that Lido DAO, the decentralized organization overseeing the liquid staking protocol Lido Finance, qualifies as a general partnership. The court dismissed arguments that the DAO is not a legal entity, as reported by Decrypt based on court filings.
BTSE: The Crypto Oasis with 150+ Coins!
BTSE is a crypto exchange with 150+ assets listed. It uses BTSE tokens, part of the Liquid Network, and has a market cap of $274M. It offers multiple rewards and staking program benefits. Founded by pros with experience in Wall Street, it is focused on innovation and usability. 
TeraWulf to Launch New Bitcoin Mining Facility
TeraWulf, a mining company, is set to launch a new Bitcoin mining facility named WULF Den by the end of September 2024. This facility will be equipped with a liquid cooling system and will deliver a minimum of 2 MW of power, substantially increasing the company's total output. Restaking: A Strategy to Boost Capital Efficiency
April 2023 marked a pivotal update in the Ethereum blockchain with Shapella (Shanghai + Capella), enabling the withdrawal of ETH from staking. This innovation gave rise to restaking, a method that allows locked ETH to be utilized both within the Ethereum main network and across various protocols. 
3AC Creditors May Recoup Only 45% of Their Assets
The liquidators of the collapsed cryptocurrency hedge fund, Three Arrows Capital (3AC), have projected that creditors could recover about 45.74% of their funds, based on the current frozen assets. The bulk of this seized investment portfolio, amounting to 82%, is tied up in non-liquid tokens. 
2023 Trend: Liquid Staking & Top 4 Tokens to Watch
Platforms for liquid staking have emerged as a solution to the limitations of traditional staking, which prevent the use of locked assets. Essentially, this is a new sector of decentralized finance that allows you to release your liquidity without sacrificing rewards. 
Arthur Hayes predicts the alt season
The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course).
Key takeaways from Arthur Hayes' post:
? S&P500 is up 40% in 3 months;
? Fed balance sheet will drop $100 billion every month;
? The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation;
? When the money runs out (sometime in July), Congress will vote to increase the debt ceiling;
? The market will end up flooded with unbacked debt liabilities;
? The world's banks will be forced to resort to printing more money (this process has already begun).
"The party has begun!", Arthur concludes.