Solana Co-Founder Sued for Allegedly Stealing ‘Millions of Dollars’ Worth of Crypto Staking Rewards: Report

Solana Co-Founder Sued for Allegedly Stealing 'Millions of Dollars' Worth of Crypto Staking Rewards: Report

A co-founder of Ethereum (ETH) rival Solana (SOL) is reportedly facing legal action for allegedly misappropriating income from his ex-wife’s crypto holdings. Bloomberg reports that Elisa Rossi has filed a lawsuit in San Francisco Superior Court, accusing her ex-husband Stephen Akridge of stealing millions of dollars in staking rewards earned through her Solana tokens. Staking … Read more

Lido Will Stop Polygon Staking Services

Lido announces the end of its Polygon staking services, citing low rewards and governance shifts.

In a blog post, Lido highlighted challenges such as limited user adoption, low staking rewards, and high maintenance costs. Emerging zkEVM Solutions and increased competition from platforms like EigenLayer have further reduced demand for Lido’s services on Polygon. Governance priorities also played a role. Initiatives such as GOOSE and reGOOSE have focused on Ethereum, prompting … Read more

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