Ethenas’ synthetic dollar, USDe, has quickly reached a $3 billion supply just four months after its launch. This achievement highlights the growing demand and confidence in stablecoins within the decentralized finance (DeFi) ecosystem. Ethena’s Synthetic […]
On June 1, Hong Kong’s Securities and Futures Commission (SFC) unveiled a list of cryptocurrency exchange platforms with licenses nearing approval. According to the SFC website, 11 applicants, including Matrixport HK, Accumulus, Crypto.com, and Bullish, […]
Babylon, a pioneering Bitcoin startup, has secured $70 million in funding to develop a unique staking solution that integrates Bitcoin with other blockchain networks. Led by Paradigm, a prominent crypto venture capital firm, the funding […]
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, […]
Bankrupt crypto exchange FTX has agreed to sell its remaining stake in AI startup Anthropic for $452.2 million, according to a court filing on May 31. FTX disclosed that G Squared, a global venture capital […]
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past […]
Notcoin surged to a new all-time high above $0.2, with trading volumes spiking on Binance, OKX and Bybit. Piggy Bankster (PIGS) is the new memecoin on Solana that’s creating a huge buzz today. PIGS is […]
The price of Bitcoin appears to have returned to a choppy market condition, quashing any hopes of a breakout to new highs soon. However, the good news is that the current bull cycle may still […]
On June 1, President Nayib Bukele began his second term at the National Palace in San Salvador, riding on a popularity that has strengthened his power and influence in El Salvador. In his speech, the […]
Velocore, a decentralized exchange (DEX) on the zkSync and Linea blockchains, has been exploited, resulting in a loss of approximately $10 million. This incident was initially flagged by “Officer’s Notes,” a threat researcher and writer. […]
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