$LDO-USD

Crypto projects have spent $640M on token buybacks in 2026, up from $545M in 2025, to support prices amid market challenges. Hyperliquid and pump.fun lead buyback activity, with Hyperliquid allocating 99% of revenue to repurchase its HYPE token, which has risen 70% year-over-year. Other projects like Sky Protocol and Lido have also initiated buybacks, but price impacts vary. According to Allium Labs, buybacks aim to reduce supply and signal confidence, though their effectiveness is uncertain.

LayerZero plans a blockchain exchange for institutions this fall. Grayscale launched a Zcash ETF (ZCSH) on NYSE Arca with $314M AUM. Ethena Foundation announced four ecosystem updates, including token buybacks and governance changes. Lido adjusted EarnETH fees, lowering base fees and increasing performance-linked payouts. Coinbase launched tokenized stocks on Base for 24/7 trading. World Liberty received OCC approval for a national trust bank to support USD1 stablecoin. Lisk proposed dissolving

Lido DAO’s LDO token rose about 5.2% to around $0.293 after holders voted on the NEST automated buyback and liquidity system, with the main vote scheduled to close Aug. 8. LDO remains down about 16.7% on the week. Price pressure persists as Ethereum’s EIP-8361 staking proposal is debated.

Coldcard users reportedly lost about $90M in Bitcoin after a hardware-wallet seed-generation flaw, prompting transfers below 1 BTC to rise to 39,600 BTC, per CryptoQuant. Galaxy Digital estimated total losses of 1,367 BTC. The Clarity Act faces a Senate vote deadline. Earnings showed Coinbase net revenue ~$1.2B and net loss $359M. BTC $63,350, ETH $1,879.

Lido’s stETH rebase APR was 2.04% versus a 2.15% target after a 32 ETH validator deposit was missed by the accounting oracle during a snapshot update, creating a temporary reporting mismatch. Contributors found validator balances on the Beacon Chain and no missing funds or penalties. TVL stayed near $17.5B and stETH/ETH ratio neared parity while the team investigates and plans a fix.

A crypto rally is lifting Bitcoin toward $70,000 and Ethereum toward $2,000, with tokens including Ondo, VVV, LDO, Aave, XRP and Cardano among top gainers. CoinMarketCap says the Fear and Greed Index rose from 17 to 40. Spot Bitcoin ETF inflows added over $725M in five days, and Ethereum ETF inflows rose over $271M this month. Strategy said it did not sell Bitcoin for two weeks.