News
1 Jul 2025, 18:00
Lido DAO Revolutionizes Governance with Approved Dual Model
BitcoinWorld Lido DAO Revolutionizes Governance with Approved Dual Model The world of decentralized finance (DeFi) is constantly evolving, and at its heart lies innovation in governance. A recent, truly groundbreaking development comes from Lido DAO , the decentralized autonomous organization behind the leading liquid staking solution. In a move poised to reshape how decentralized protocols operate, Lido DAO has officially approved a proposal to introduce a new, revolutionary dual governance model . This decision isn’t just a procedural update; it’s a strategic pivot designed to enhance security, decentralization, and user empowerment within the crucial realm of Ethereum staking . What is Lido DAO and Why is Liquid Staking So Important? Before diving into the intricacies of the new governance structure, it’s essential to understand Lido’s foundational role in the crypto ecosystem. Lido Finance is a prominent liquid staking protocol that allows users to stake their Ethereum (ETH) without locking up their assets or maintaining complex infrastructure. Instead, when users stake ETH with Lido, they receive stETH (staked ETH), a tokenized representation of their staked ETH plus earned rewards. This stETH can then be used across various DeFi applications, providing liquidity while still earning staking yields. The importance of liquid staking cannot be overstated. It addresses a significant hurdle in traditional proof-of-stake (PoS) networks: illiquidity. By providing a liquid derivative, Lido has made Ethereum staking accessible to a broader audience, contributing significantly to the network’s decentralization and security. However, with great power comes great responsibility, and the governance of such a critical protocol becomes paramount. Unpacking the Dual Governance Model : A New Paradigm The newly approved dual governance model introduces a novel layer of checks and balances within Lido’s decision-making process. Traditionally, governance decisions within Lido DAO were primarily driven by holders of the LDO token, which grants voting rights. While effective, this model, like many single-token governance systems, carries inherent risks related to concentration of power or potential attacks. The core innovation of the dual governance model is its empowerment of stETH holders. Here’s how it fundamentally works: LDO Token Holders: They retain their primary role in proposing and voting on all operational and strategic decisions for the Lido protocol, including upgrades, fee changes, and treasury management. stETH Holders (The Veto Power): This is the game-changer. Under the new model, stETH holders are granted a critical veto power over certain LDO-related decisions. Specifically, any “critical” LDO governance decision, such as those impacting the safety of staked ETH or fundamental protocol parameters, will now require an additional layer of approval or face a potential veto from stETH holders. This mechanism creates a powerful two-tier system, ensuring that the very users whose assets are secured by the protocol have a direct say in its most vital operations. It’s a move towards greater decentralization and enhanced security for the billions of dollars worth of ETH staked through Lido. Why Implement a Dual Governance Model ? Benefits and Safeguards The decision to transition to a dual governance model is not arbitrary; it’s a strategic response to the evolving needs of a large-scale DeFi protocol. The benefits are manifold, primarily centering on improved security and decentralization: Benefit Category Description Enhanced Security By requiring stETH holder approval for critical changes, the model creates an additional security layer, making malicious governance attacks significantly harder. It acts as a robust defense mechanism against potential exploits or rogue proposals. Increased Decentralization It distributes governance power more broadly beyond just LDO token holders, incorporating the vast and diverse community of stETH users. This diversification of power strengthens the protocol’s resistance to centralization. Improved Alignment of Interests The model better aligns the interests of LDO governors (who manage the protocol) with those of stETH holders (who are the direct users and asset holders). Both groups now have a vested interest in the protocol’s long-term health and security. Greater User Confidence Knowing that their staked assets are protected by a dual layer of governance can significantly boost user confidence in Lido, encouraging more participation in Ethereum staking through the platform. Robustness Against External Threats In an increasingly complex regulatory and security landscape, a dual governance structure offers greater resilience against various external pressures, whether they be regulatory mandates or sophisticated cyber threats. Potential Challenges and Considerations for Lido DAO While the dual governance model offers compelling advantages, it’s also important to consider potential challenges. Implementing such a complex system requires careful execution and ongoing adaptation: Increased Governance Complexity: Adding another layer to the decision-making process inherently makes it more complex and potentially slower. Critical decisions might take longer to pass, which could be a challenge in rapidly evolving market conditions. Voter Apathy in stETH Holders: While stETH holders have veto power, ensuring high participation rates from this diverse group could be a hurdle. If stETH holders are not sufficiently engaged, the veto mechanism might not be as effective as intended. Defining “Critical” Decisions: Clearly defining which decisions fall under the stETH veto power will be crucial. Ambiguity could lead to disputes or delays. Technical Implementation: The technical infrastructure required to support this dual model must be robust and secure, presenting an ongoing development challenge. Lido DAO will need to actively engage its community, simplify the voting process for stETH holders, and clearly communicate the implications of each proposal to ensure the success of this innovative model. Impact on Ethereum Staking and the Broader DeFi Ecosystem The approval of Lido’s dual governance model has far-reaching implications beyond just the Lido protocol. As the largest liquid staking provider for Ethereum, Lido’s innovations often set precedents for the entire DeFi space. This move could inspire other major DeFi protocols to explore similar dual or multi-layered governance structures, especially those managing significant amounts of user funds. It signals a maturation of decentralized governance, moving beyond simplistic token-weighted voting to more sophisticated, secure, and truly decentralized models. For Ethereum staking , it reinforces the security posture of its largest liquid staking derivative, potentially drawing even more capital into the ecosystem and strengthening Ethereum’s overall decentralization. Actionable Insights for Users and Governors For current and prospective users of Lido, this change brings a new level of engagement and security. If you hold stETH , understand that you now possess a critical voice in the protocol’s future. Stay informed about governance proposals and participate in veto votes when critical decisions arise. Your participation is vital to the model’s success. For LDO governors, the new model demands even greater transparency and communication. Proposals must be meticulously crafted and clearly articulated, anticipating the scrutiny of both LDO and stETH holders. This encourages more thoughtful and community-aligned decision-making. A Pioneering Step for Decentralized Governance Lido DAO’s approval of the dual governance model is more than just a protocol upgrade; it’s a pioneering step for the entire decentralized finance landscape. By empowering stETH holders with a critical veto power, Lido is setting a new standard for security, decentralization, and user alignment in the world of liquid staking and Ethereum staking . This transformative move underscores the commitment of leading DAOs to build more resilient, secure, and truly community-governed protocols, ensuring the long-term health and growth of the DeFi ecosystem. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. This post Lido DAO Revolutionizes Governance with Approved Dual Model first appeared on BitcoinWorld and is written by Editorial Team
1 Jul 2025, 03:30
Top Performing Cryptocurrencies 2025: XRP, Solana, and MAGACOIN FINANCE Ranked by Analysts
2025 has already turned into a major breakout year for cryptocurrencies. Bitcoin price gains in early Q2 helped reignite momentum across the market. But it’s not just Bitcoin leading the charge — altcoins like XRP, Solana, and MAGACOIN FINANCE are drawing massive attention from analysts, institutional buyers, and early investors. While some tokens are still recovering, others have surged forward. XRP is climbing off a multi-month bottom, Solana is gaining on DeFi strength, and MAGACOIN FINANCE is becoming the unexpected powerhouse. In this article, we dive into all three, based on data, analyst insight, and market direction, and explore how they stack up heading into Q3 2025. 1. MAGACOIN FINANCE: The Underdog With Explosive Potential MAGACOIN FINANCE is quickly becoming the most watched crypto presale of 2025. This isn’t by accident — the project combines a fixed supply of 170 billion tokens with a fully audited smart contract by HashEx. There are no VC unlocks, no hidden emissions, and no inflation tricks. That’s winning serious trust from investors. Analysts point to MAGACOIN FINANCE as a top performer based on fundamentals. Unlike many tokens that rely on hype, MAGACOIN is driven by structure — and that’s what large buyers want in 2025. The presale model rewards early access, and the rising entry price every few hours is pushing urgency. But MAGACOIN isn’t just technical. Its political branding and strong viral reach have created a high-energy movement. Presale is selling out soon, and early investor interest is climbing daily. For those looking to catch major upside before listings, MAGACOIN FINANCE is emerging as the standout choice this cycle. 2. XRP Price Prediction & News: Ripple Lawsuit Update and Bullish Momentum XRP is in the news again, and this time for an amazing reason. The RippleX team recently issued version 2.5.0 of the XRP Ledger. The new update brings with it new features including TokenEscrow, Batch transactions, and Permissioned DEX access. These new features are attracting institutional partners and developers to XRP. Legally, the Ripple vs. SEC case remains pending, and the two sides are requesting the stays on appeals. A mid-August 2025 status report is due, but nothing sensational is to be anticipated before then. However, legal uncertainty has not stopped XRP’s momentum. XRP price chart 2025 breakout Technical experts pay close attention to the XRP price forecast 2025 levels. Having broken out of a long-term wedge pattern, XRP is currently testing the $2.20 support level. If momentum holds, XRP price prediction 2025 suggests a surge toward $5–$10, especially if the symmetrical triangle that’s been forming for over 330 days confirms a breakout. XRP news lawsuit updates and market signals remain bullish as summer continues. 3. Solana 2025 Outlook: USDC Boom, DeFi Growth, and Price Targets Solana has been on a tear. SOL is up from its recent low and is now facing key resistance between $148 and $150. Analysts are calling $155 the trigger point — if SOL can move above that range, it could quickly aim for $200. Some even believe $300 is on the table if current trends hold. The real driver behind Solana’s rise is its exploding DeFi and stablecoin ecosystem. Circle recently minted another $6 billion in USDC on Solana. The total USDC supply on the network now sits at $11.1 billion — more than double what it was in January. Institutional momentum is building fast. ETF filings, protocol upgrades, and deeper stablecoin liquidity are making Solana a favorite among high-volume traders. Analysts believe Solana has reclaimed its spot as one of the most important platforms in crypto. Final Thoughts XRP and Solana are showing strength, both technically and fundamentally. But MAGACOIN FINANCE is standing out for its aggressive growth strategy, strong investor response, and transparent mechanics. For the investors looking for the highest return potential in 2025, MAGACOIN FINANCE is definitely the place to be. Every headline points to one clear trend — MAGACOIN FINANCE is taking over the conversation and is the crypto presale to watch. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Top Performing Cryptocurrencies 2025: XRP, Solana, and MAGACOIN FINANCE Ranked by Analysts
30 Jun 2025, 20:40
BNB Chain successfully implements Maxwell hardfork
BNB Chain has implemented its latest upgrade, Maxwell Hardfork, effectively reducing block time on the network by 50%. The network finalized the update on Monday, noting that it is a technical leap forward. According to the announcement , the new upgrade will increase block production speed, enhance network performance, and improve validator coordination. This is possible through the major updates forming part of the hardfork. It said: “Maxwell introduces three major upgrades: 🔸 BEP-524: Reduce block time to 0.75s 🔸 BEP-563: Enhanced Validator Network messaging 🔸 BEP-564: Smarter block-fetching logic.” With block times now dropping to 0.75 seconds, it explained that user experience will be faster with decentralized applications becoming more responsive and real-time apps having less latency. Reducing block times has been central to BNB chain upgrades for years, with the Lorentz hardfork previously cutting down block time from 3 seconds to 1.5 seconds. Meanwhile, the upgrade also improved validator messaging to match the faster block speed. It noted that this was necessary so that validators could quickly reach a consensus. With this update, the risk of missed votes or delayed proposals is now reduced. It said: “This BEP supports adding validator’s NodeID on the system contract, so the validators can identify each other in the p2p network and forward messages more efficiently.” Even better, the improved block fetching due to BEP-564 means that the message structure for sharing block data among nodes is more efficient. This is expected to preserve the BNB Chain’s smooth performance even when the network is under pressure, as it reduces latency and improves syncing. Interestingly, the upgrade also adjusted other network parameters, including epoch length, which increased from 500 to 1000. TurnLength also doubled to 16 blocks from 8 blocks, while fast finality can now happen in around 1.875 seconds. With the upgrade set to affect the network speed, major network participants, including developers and validators, are also required to implement changes. App builders must change the assumptions to reflect the 0.75 seconds, while validators and node operators must also prepare their infrastructure for the improved performance. BNB Chain dominates DEX activity Meanwhile, the upgrade comes amidst a surge in BNB on-chain activity, which has been most evident in its decentralized exchange (DEX) volume. For weeks, the network has dominated DEX’s market share, dwarfing other networks such as Solana, Ethereum, and even Base. According to Dune analytics data, only Solana has come close to rivaling BNB Chain’s daily volume in the past week, but BNB Chain still had more daily DEX volume than Solana in six of the past seven days, allowing it to account for between 40% to 50% of daily DEX volume. On June 29, for instance, BNB Chain recorded $12.93 billion compared to Solana’s $9.66 billion. With BNB Chain DEX performance this month, it is unsurprising that the network has had its highest monthly DEX volume this June, with over $163 billion according to DeFillama . This puts it far ahead of its closest competitor, Solana, which has just $61.822 billion. Interestingly, the surge in activity on BNB Chain is mostly due to the Binance Alpha program. However, the BNB Chain announcement noted that the recent improvements, particularly the Lorentz hardfork, enabled the network to achieve efficiency and performance, driving adoption and user growth. BNB is up 6% in the past week The surge in activity on the BNB Chain , coupled with recent developments on the network, is positively impacting the native token. BNB is now up 6% over the past seven days and has seen slight gains today despite the muted performance of other major cap cryptocurrencies. At $655, the token is down more than 7% year-to-date. However, it is still one of the best-performing major cap altcoins in a market where altcoins have generally struggled, with ETH and SOL down more than 25% each. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
30 Jun 2025, 20:18
BNB Chain Hits 0.8-Second Blocks With Maxwell Fork
The BNB Smart Chain (BSC) has completed its historic Maxwell hard fork successfully, lowering average block times to 0.8 seconds from 1.5 seconds—a technological improvement that doubles the speed of the network and makes BSC the fastest EVM-compatible blockchain. The upgrade, activated on 30th June at 2:30 AM UTC, provides faster DeFi settlements, simplified NFT trades, and virtually instant gaming dApp interactions, while further increasing BNB Chain's competition with Solana and Arbitrum. The Tech Behind the Speed: BEP-524, 563, 564 Maxwell's sub-second blocks are supported by three proposals: BEP-524 : Halves block intervals to 0.75 seconds (real-world average: 0.8s), enabling near-instant finality of transactions. BEP-563 : Reimagines validator messaging, avoiding lost votes and sync lag even at higher speeds. BEP-564 : Introduces GetBlocksByRangeMsg and RangeBlocksMsg messages, reducing node synchronization times by 40%. This three-pronged solution solves blockchain's ”speed trilemma”—throughput, security, and decentralization—by optimizing validator coordination without sacrificing network robustness. Higher Stakes, New Risks More challenging blocks for validators: Longer turns . Validators now turn in 16 blocks per turn (down from 8), requiring hardware that cannot miss slots. Epoch increased . From 500 to 1,000 blocks, reducing rotation frequency but adding hardware/reliability risk. Gas limit lowered . Per-block gas cap lowered from 70M to 35M to decrease state bloat, concentrating fee pressure on congestion. Early figures reveal a 5% increase in validator churn as smaller operators struggle with the technical demands, while high-quality validators earn more rewards. Gas Fees and dApp Impact: Speed ≠ Cheap Transactions Maxwell accelerates transactions but does not necessarily decrease gas fees: Base fees remain unchanged , but the 35M gas limit jams up during surge periods (e.g., NFT drops). DeFi arbitrage thrives , PancakeSwap trading volume surged 22% after the upgrade as traders exploit faster settlements. Gaming/NFTs reimagined , live interaction now possible, with examples like SecondLive achieving 30% higher user retention. BSC vs. Solana vs. Arbitrum Chain Avg. Block Time Key Advantage Weakness BSC (Maxwell) 0.8s EVM compatibility Centralization risks Solana 0.4–0.8s Raw throughput Frequent outages Arbitrum ~1.2s Ethereum security Higher latency BNB Chain's EVM benefit could lure developers from Solana (even for naked speed) and Arbitrum (even for security), especially for DeFi and gaming dApps that prioritize interoperability. Stable, But Fundamentals Tightened BNB exchanged over $648 at the time of the upgrade, 6.5% higher over the past week. Experts note the price strength is a sign of belief in BSC's technical leap, but that it will need: dApp migration: If apps like Uniswap V4 or ApeChain move onto BSC. Fee dynamics: If enough volume will be attracted by lower latency to offset gas unpredictability. The Bottom Line Maxwell on BNB Smart Chain isn't just a performance boost—it's a strategic move. With sub-second blocks and EVM compatibility, BSC is now a viable choice for developers seeking Solana-quality speed without sacrificing Ethereum's tooling. As validators react and dApps ride the new speed, BNB Chain can unleash a wave of innovation in DeFi, gaming, and more.
30 Jun 2025, 15:30
BNB Chain DEX Volume Hits $166B After Maxwell Upgrade Cuts Block Time
BNB Chain DEX volume reached $166.6 billion in June 2025, its highest monthly total ever. The Maxwell upgrade reduced block time to 0.75 seconds, improving speed and validator coordination. PancakeSwap alone contributed $139 billion to the BNB Chain DEX volume, outperforming other major exchanges. BNB Chain deployed the Maxwell upgrade on June 30, 2025, cutting block time from 1.5 seconds to 0.75 seconds, according to BscScan. The upgrade immediately delivered a massive boost to the network’s performance, which in turn helped fuel a record-breaking month for its decentralized exchange (DEX) ecosystem. The Maxwell upgrade followed a similar speed-boosting hardfork in April, which had reduced block time from 3 seconds to 1.5 seconds. It included three proposals: BEP-524, BEP-563, and BEP-564. These proposals addressed transaction speed, validator messaging, and node synchronization. BEP-524 and BEP-563 Improve Network Performance BEP-524 introduced a shorter block interval, enabling quicker transaction confirmation. This adjustment lowered the time needed for DeFi and GameFi transactions to be finalized. BEP-563 improved validator communication by upgr… The post BNB Chain DEX Volume Hits $166B After Maxwell Upgrade Cuts Block Time appeared first on Coin Edition .
30 Jun 2025, 13:00
Binance’s Role in Kenyan Crypto Board Sparks Monopoly Debate
Critics argue that VAC’s close financial ties to Binance—and reportedly receiving $6,000 per country for advocacy—create a very clear conflict of interest that could skew Kenya’s crypto regulations in favor of the global exchange. This could potentially sideline local players and damage Kenya’s reputation with global watchdogs like FATF. Meanwhile, Binance continues its international expansion, and completed the Maxwell upgrade on BNB Chain to reduce block times and improve network efficiency. At the same time, Coinbase was named one of TIME’s 100 Most Influential Companies due to its growing influence in shaping US crypto policy. Kenya’s Crypto Bill Draws Fire Over Binance Ties Kenya’s proposed Virtual Asset Service Providers (VASP) Bill started controversy among local crypto startups, due to the growing concerns that it may hand too much influence to a Binance-linked lobby group. This could potentially undermine fair competition in the country’s digital asset market. According to a report by The Kenyan Wall Street, the draft legislation includes a provision for a private think tank called the Virtual Asset Chamber of Commerce (VAC) to hold a seat on the new regulatory board. However, several stakeholders claim that VAC operates as a proxy for Binance and lacks the independence necessary to act in the best interests of Kenya’s broader crypto ecosystem. Critics argue that VAC’s recent regulatory consultations have been heavily sponsored by Binance and allege that the group has a non-compete clause with the exchange. These revelations triggered fears that the draft law could tilt Kenya’s regulatory landscape in favor of Binance, and marginalize local players. One person also questioned the constitutionality of granting VAC a formal regulatory role under these circumstances, as arrangement could lead to biased policy outcomes. The report further claims that Binance pays VAC $6,000 per country each month for advocacy work. Stakeholders warn that this financial arrangement creates a clear conflict of interest that could potentially harm Kenya’s international regulatory standing and hinder efforts to exit the Financial Action Task Force (FATF) and EU greylists. Similar concerns reportedly arose in Rwanda, where VAC allegedly attempted to influence crypto policy as well. In response, VAC director Basil Ogolla defended the group’s credibility by pointing to two years of engagement with the International Monetary Fund (IMF), the Central Bank of Kenya (CBK), and Parliament. He stated that the National Assembly’s decision to include VAC on the board reflects its commitment to responsible consultation. The new regulatory board will also include officials from the National Treasury, CBK, and Capital Markets Authority (CMA), alongside a lawyer and an accountant. Binance has been expanding its government relations globally. In May, the exchange signed a memorandum of understanding with Kyrgyzstan to develop crypto infrastructure and blockchain education. Binance CEO Richard Teng also revealed in April that several governments and sovereign wealth funds approached the company for guidance on establishing Bitcoin reserves and crafting national crypto policies. BNB Chain Slashes Block Times in Maxwell Upgrade Despite the growing tensions in Kenya, Binance is reaching new milestones. BNB Smart Chain successfully completed its Maxwell hard fork, which is a major upgrade that cut average block times nearly in half—from 1.5 seconds on Monday to just 0.8 seconds. The Maxwell upgrade went live on June 30 at 2:30 am UTC, and is part of BNB Chain’s ongoing efforts to boost network performance, scalability, and developer experience. According to the BNB Chain team, this latest hard fork is a major technical advancement rather than just another routine update. It is expected to make transactions faster, improve validator coordination, reduce latency for decentralized finance applications, and create a more responsive environment for decentralized app developers. The upgrade follows a successful testnet deployment that was launched on May 26. The Maxwell hard fork introduced three major improvement proposals—BEP-524, BEP-563, and BEP-564. The main goal of BEP-563 is to enhance peer-to-peer messaging between validators by enabling quicker block proposal communication and improving validator stability. This reduces the likelihood of missed votes or delays, both of which are critical in achieving the new target block time of 0.75 seconds. BEP-564 introduces two new message types—GetBlocksByRangeMsg and RangeBlocksMsg—that allow multiple blocks to be requested and delivered in a single transaction. This is expected to greatly accelerate synchronization speeds across the network. Meanwhile, BEP-524 focuses on reducing block times , continuing the improvements that were made by the Lorentz upgrade in April, which had already cut block times from three seconds to 1.5 seconds. The Maxwell update brings that time even lower. The BNB Chain team advised developers to test their applications under the faster block timing and refactor any components that rely on the previous 1.5-second intervals. They warned that any issues post-upgrade would likely stem from app-level code rather than the blockchain itself. BNB’s price action over the past week (Source: CoinMarketCap ) BNB's native token saw a price increase ahead of the upgrade, and climbed by 5.97% over the past week. At press time, BNB was trading at around $654.22, up 0.48% in the last 24 hours. Coinbase Named in TIME’s 100 Most Influential Companies Another crypto exchange, Coinbase, recently turned heads after it was named one of TIME’s 100 Most Influential Companies of 2025 . It also earned the label of “disruptor” for its influence on crypto policy and regulation in the United States. (Source: TIME ) The recognition comes as the company is gaining traction both on Wall Street and within political circles. Coinbase’s stock rose by approximately 37% year-to-date, with an impressive surge after the Senate’s approval of the GENIUS stablecoin bill on June 17. The announcement helped propel Coinbase shares from around $303 to a local high of $382. TIME pointed out Coinbase’s milestone inclusion in the S&P 500 index in May, and called it a key driver of crypto policy efforts in Washington and a potential future hub for US-based crypto activity, especially if favorable regulations continue to pass. In addition to its domestic advances, Coinbase is aggressively expanding its international footprint. The company reportedly applied to the US SEC for permission to offer tokenized equities to its users, a move that would position it as a direct competitor to traditional brokerage platforms like Robinhood and WeBull. If approved, this expansion would bring mixed asset trading capabilities to the Coinbase ecosystem, which will help cement its role as a comprehensive financial platform. Internationally, Coinbase secured a regulatory license on June 20 under the European Union’s Markets in Crypto-Assets (MiCA) framework. The license was granted by Luxembourg’s financial regulator, and it will enable Coinbase to operate its digital asset services across EU member states and establish its European headquarters in Luxembourg.
