Is DeFi in Trouble? Largest Crypto Staker Lido Sounds Alarm After SEC’s Kraken Crackdown

The post Is DeFi in Trouble? Largest Crypto Staker Lido Sounds Alarm After SEC’s Kraken Crackdown appeared first on Coinpedia Fintech News Lido Finance, one of the largest liquid staking […]

The post Is DeFi in Trouble? Largest Crypto Staker Lido Sounds Alarm After SEC’s Kraken Crackdown appeared first on Coinpedia Fintech News
Lido Finance, one of the largest liquid staking programs with over 5 million staked Ethers, has issued uncertainty concerns on the status of Decentralized Financial ecosystems (DeFi) following last week’s $30 million settlement of Kraken exchange with the U.S SEC. SEC chair Garry Gensler argued that crypto companies offering staking programs have to register for …