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Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing


Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High


Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66...

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF


The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others. The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews

Solareum to Close Shop Following $500,000 Exploit


Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31. The post Solareum to Close Shop Following $500,000 Exploit appeared first...

How to Use Seasonal Tokens to Get Bitcoins


Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes...

The key to Solana’s tokens: A deep dive into distribution


Solana is a blockchain platform that enables decentralized, scalable applications. It’s an open-source project that started in 2017. Solana uses a blend of proof-of-history and authorized proof-of-stake protocols. Solana’s distinctive combination of proof of history and delegated proof...

Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation


This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme...

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