Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.
Month: September 2024
Liquid restaking protocol Bedrock suffers $2M exploit
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.
Despite WazirX, Q3 crypto hack and scam losses fell to $413m YOY
Losses from scams and hacks in Q3 declined by 40% compared to the previous year, but CEX hacks still pose...
Avalanche to reward devs building layer-1 chains with $40M grant
An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on...
South Korea fines Worldcoin for violating personal protection laws
Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on...
Turkey Scraps Planned Crypto Tax, Targets Economic Reforms
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice...
Putin: BRICS Nations Developing Own Payment and Settlement System
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign...
Paypal Rolls Out Crypto Features for Business Accounts
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although...
Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’
Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are...
SEC scores partial win against blockchain firm Opporty over $600K ICO
A federal judge partially sided with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in...
Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash:...
Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach
Plans to launch a Bitcoin-pegged stablecoin, an upcoming network upgrade and BTC’s recent recovery could be connected to STX’s 30%...
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment...
Analysts Link Silver Bull Market to Upcoming Macroeconomic Crisis
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing...
