Alchemy Pay has received a license from the central bank of Indonesia to handle remittances and fund transfers in collaboration with local fintech Berkah Digital Pembayaran. On February 27 Alchemy Pay announced that Bank of Indonesia has jointly licensed Alchemy Pay and Barkah Digital's platform BDPay, enabling firms to offer better payment methods and reduce associated operating costs.
Lido is a liquid staking solution for digital assets, allowing users to stake Ether without them needing to have their tokens locked. When a user deposits Ether, Lido issues them a liquid variant of ETH, known as staked Ether (stETH), giving users staking rewards for each day the tokens are held in their wallets. As per the liquid staking protocol’s 25th February tweet, the “dynamic mechanism” was activated after the daily staking limit reached 150,000 Ether .
As the Solana network suffered another setback, members of the crypto community took to social media to express various concerns, even comparing the blockchain to other projects such Bitcoin and Ethereum. On 25th February, Solana experienced network performance degradation issues, resulting in transaction disruptions, leading verifiers to choose to restart the network. A Bitcoin supporter also pointed out how Solana's network issues did not require Bitcoin to restart.