The move is intended to help the delta-hedged synthetic dollar scale by accessing the Bitcoin futures market. Ethena Labs is adding Bitcoin as a collateral asset...
Bitcoin rallied 4%, with global crypto market capitalization up 3% to $2.7 trillion. Hedge funds are betting big against Bitcoin in the futures markets, possibly looking...
Ripple has also announced a new U.S. dollar-pegged stablecoin. The stablecoin wars are heating up after PayPal announced today that it will enable PYUSD for U.S....
Crypto exchange Binance said its non-fungible token (NFT) marketplace will discontinue support for Bitcoin NFTs by April 18, per an April 4 statement. According to the...
Web3Firewall aims to use machine learning and AI to quickly detect malicious transactions. Fusing AI and blockchains is a narrative that continues to permeate the crypto...
The Reddit Data DAO will offer tokenized incentives to users contributing data, creating AI models, and providing computation to the project. A new DAO wants to...
Points and restaking farmers are directing their attention toward the little-known L2. Zircuit, an Ethereum Layer 2 network, has quietly amassed more than $1 billion worth...
The yield trading protocol processed $530 million of trades on April 2 after launching new Ethena pools. Airdrop fever is accelerating after successful token launches from...
The country now has a FinTech law that creates a category for “crypto-assets.” Of 33 countries in Latin America, it may be surprising for some that...
According to Bloomberg’s James Seyffart, asking for public comments on ETFs is standard procedure. The Securities and Exchange Commission (SEC) set off a short-lived celebration on...
The token for the cross-chain bridge trades for about $1.50. Popular cross-chain bridge Wormhole has skyrocketed into the top 100 on Coingecko after airdropping 617 million...
Researchers argue Ethereum’s emissions scheduled should be reduced, but not everyone agrees. Debate surrounding whether to reduce the rate of new Ether issued through staking rewards...
A recent report by Coinbase has brought attention to the burgeoning restaking sector within Ethereum’s DeFi landscape, pinpointing a series of potential risks that could accompany...
Nostra Finance is pausing new borrowing and lending of DAI, while a similar proposal has been floated in Aave’s governance forum. DeFi projects are up in...
Bitcoin plunged 5% to $65,000 after yesterday’s $300 million in GBTC outflows. After ending March on a high note, crypto markets are ringing in the new...
The token trades for $0.64, and over $10 billion in fully diluted valuation. Ethena Labs has become the fifth-largest stablecoin issuer by market capitalization hours after...
Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous organization (DAO) overseeing Aave to remove DAI stablecoin’s collateral status within the...
TN Lee is the founder of Pendle Finance – a DeFi platform that enables users to tokenize and trade future yield on Ethereum assets. In this...
Memecoins are driving blockchain adoption and could serve to facilitate public goods funding. Influential figures within the web3 space are coming out to defend the potential...
The Tron Foundation said the SEC is seeking to apply U.S. regulations to offshore transactions. The Tron Foundation is arguing that the lawsuit it is currently...