ChainCatcher news, according to @ai_9684xtpa's monitoring, a certain whale has cumulatively invested $41.62 million into various LSD protocols, making it the current number one individual staker on Symbiolic. The investment details are as follows:Renzo: 5317 ezETHSymbiolic: 5140 stETHSwell: 1222 rswETHKarak: 145 ezETH + 381.2076 PT-ezETHEth2: 64 ETHPendle: 228.7909 YT-weETH

ChainCatcher news, the Public Security Bureau of Hanshou County, Hunan Province, announced on the official website of the Filecoin ecological LSD protocol STFIL Protocol that, "In order to ascertain the facts of the crime, we ask STFIL staking users and lending users to come to our bureau to report the situation and provide relevant evidence materials. The relevant matters are announced as follows: please bring your valid ID, relevant records of staking or lending on the website, and materials related to the purchase of FIL virtual currency; those who fail to report the situation to our bureau within the deadline will have the virtual currency disposed of according to relevant laws and regulations; the announcement period is from June 10, 2024, to July 10, 2024."Previously, STFIL Protocol stated on social media in April that, "The core technical team is under investigation by local Chinese police. We have learned that they have hired lawyers to understand the current situation and provide legal assistance to the detained individuals." Additionally, last week, while the core technical team was detained, FIL on the STFIL platform was transferred to an unknown external address.

ChainCatcher news, according to CoinDesk, the LSD protocol Puffer Finance announced the completion of a $18 million Series A funding round, led by Brevan Howard Digital and Electric Capital, with participation from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Avon Ventures (affiliated with Fidelity Investments), Mechanism, Lightspeed Faction, Consensys, Animoca, and GSR. The new round of funding will be used to help launch Puffer's mainnet.

ChainCatcher news, the Solana ecosystem liquid staking service protocol Sanctum announced the completion of its seed round extension financing, led by Dragonfly, with participation from Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures, and others. The total financing has now reached 6.1 million USD.It is reported that Sanctum will now focus on two products: Sanctum LSTs and Infinity, with Infinity aimed at facilitating liquid staking on Solana, making it easier to achieve price-efficient LST-LST exchanges.

ChainCatcher news, according to official sources, the LSD protocol Puffer Finance "Crispy Carrot Movement" Chapter 3 has officially launched. Users can earn Puffer points by adding liquidity to the pufETH/wstETH pool on Curve Finance.The Puffer Points system has been updated, and Puffer Points will now increase over time:For every 1 stETH deposited, you can immediately earn 1000 Puffer Points.Points increase every hour, with each pufETH held in the wallet earning 30 Puffer points per hour.In addition, by adding liquidity to the pufETH/wstETH pool on Curve, each crvPufETH (pufETH/wstETH) in the wallet can earn 60 Puffer points per hour.

ChainCatcher news, the LSD protocol Puffer Finance tweeted that it will open staking for ETH, stETH, USDT, and USDC next week, allowing users to earn Puffer and EigenLayer points rewards simultaneously.

ChainCatcher news, the LSD protocol StaFi has announced that it is incorporating Distributed Validator Technology (DVT) into its ETH liquid staking service, and last week it integrated DVT into the rETH Goerli testnet.In addition, StaFi has launched a bug bounty program for the integration of DVT, with a maximum reward of $25,000.

ChainCatcher news, the LSD protocol Puffer Finance announced the completion of a $5.5 million seed round financing, led by Lemniscap and Lightspeed Faction, with other participating institutions including Brevan Howard Digital, Bankless Ventures, Animoca Ventures, Kucoin Ventures, DACM, LBK, SNZ, Canonical Crypto, as well as community funds 33DAO, WAGMI33, and Concave. Angel investors include Anand Iyer (Lightspeed partner), Sreeram Kannan (founder of Eigen Layer), Frederick Allen (head of staking business at Coinbase), Shen Yu (co-founder of F2pool and Cobo), Mr. Block (core contributor at Curve), Ramble (president of the North American Blockchain Association), Calvin Liu (chief strategy officer of Eigen Layer), Richard Malone (chief business officer of Obol), and Ladislaus von Daniels (staking community leader).This round of financing will be used to further develop Puffer Finance's open-source project "Secure-Signer," aimed at preventing validators from potential slashing during the validation process. This project has received a $120,000 grant from the Ethereum Foundation, with core researcher Justin Drake participating as an advisor. Additionally, Puffer Finance is creating a permissionless staking pool that lowers the participation threshold for independent validators from 32 ETH to 2 ETH, enhancing capital efficiency.Puffer Finance received a preliminary seed round investment of $650,000 last June, led by Jump Crypto, with participation from Arcanum Capital and IoTeX.

ChainCatcher news, the LSD protocol unshETH has announced the completion of a $3.3 million seed round financing, with participation from MH Ventures, Soma Capital, ICONIQ Capital, EFENT, 922 Capital, Electric Ant, Backend Capital, The LAO, Fan Zhang (Sequoia China), Epakon, Ross Lipson, Marty Hu, Kevin Li (Goldsky), Jai Prasad, Ejaaz Alhamadeen, and 300DAO. The funds from this round will be used to accelerate protocol development and expand protocol functionalities.It is reported that unshETH has enabled the LSDfi product vdAMM, which allows unshETH to be converted into AMM pools, enabling users to access deep liquidity in unshETH and swap between different LSDs.

ChainCatcher news, according to HashKey Capital's latest report, the liquid staking derivatives (LSD) market for Ethereum is expected to experience explosive growth in the next two years, with the total value locked (TVL) potentially increasing by $24 billion. The report notes that this year, the total value locked (TVL) in Ethereum's LSD market has exceeded $22 billion, with the total market capitalization of all LSD projects reaching $18 billion. The report predicts that by the end of Q2 2025, the amount of staked Ethereum could account for 31%-45% of the total Ethereum supply, which will drive up the value of the LSD market.Although HashKey Capital predicts that staking yields may decrease due to increased investor participation, the report also points out that this impact can be mitigated due to the composability of decentralized finance (DeFi) protocols. For example, staked assets can also be used to generate yield farms, lending, or other income-generating DeFi strategies, creating a layered yield generation structure that could effectively offset the anticipated decrease in staking yields.

ChainCatcher news, the LSD protocol Stader has launched the staking Token ETHx on the Ethereum mainnet. According to the plan, the launch of ETHx on the mainnet will be carried out in three phases. After sufficient internal testing on the mainnet, an unlimited release on the mainnet will be achieved. (source link)

ChainCatcher news, the LSD protocol unshETH stated on social media that around 22:00 on May 31, one of the deployment private keys of the unshETH contract was leaked. As a precaution, the official team urgently suspended the withdrawal of unshETH ETH. unshETH stated that according to the security model, unshETH ETH deposits (with a TVL of $35 million) are protected by multi-signature + time lock and are not at risk.In addition, some affiliated protocol contracts have been attacked, and they are collaborating with white hat security experts from Coinbase, Stargate, Paladin Blockchain Security, Github, and ogle to ensure the safety of user funds, with the expected impact being limited. Meanwhile, the official team has contacted the hacker in an attempt to negotiate the return of funds and contract ownership to limit the impact on existing users. (Source link)

ChainCatcher news, according to DeFiLlama data, the LSD protocol Agility has seen its TVL grow by nearly 100% to $450 million in the past 24 hours.In addition, Nansen data shows that the Agility stETH and frxETH staking pools are among the most popular contracts for smart money depositors. (Source link)

According to ChainCatcher news and data from DefiLlama, the current TVL of liquid staking derivative protocols has surpassed that of lending protocols, locking in assets worth $13.55 billion in smart contracts, rising to the second position in the category. (Source link)