The liquid staking platform Lido’s governance token has spiked after Coinbase CEO Brian Armstrong cultivated a rumor that the US Securities and Exchange Commission (SEC) might ban staking for retail users. Subsequently, the decentralized autonomous organization’s (DAO) governance token, LDO, increased about 11% in response to the comments and is currently up by almost 8.4% The post Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor appeared first on Coin Edition .
