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Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

12.4.2024
"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum

Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC

11.4.2024
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins

Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO

11.4.2024
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year

Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape

11.4.2024
Solend and Kamino were the biggest winners in the Solana DeFi landscape

43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million

11.4.2024
Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have secured funding from key investors. Startups...

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

11.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow...

Azuro Raises $11M Led by SevenX Ventures and Arrington Capital

11.4.2024
Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital. The post Azuro Raises $11M Led by SevenX Ventures and Arrington Capital appeared first on Cryptonews

'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign

11.4.2024
Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to fund his Bitcoin/Lightning/Urbit startup

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui

11.4.2024
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...

DePIN Platform Uplink Raises $10M Led by Framework Ventures

11.4.2024
The decentralized wireless platform offers a token-reward system to incentivize users to contribute to the network

Crypto Exchange Luno Receives License From South Africa’s Financial Regulator

11.4.2024
Cryptocurrency exchange Luno is one of the first firms to receive a license from the Financial Services Conduct Authority (FSCA) in South Africa, allowing the exchange to operate as a financial services provider in the country. The post Crypto Exchange Luno Receives License From South Africa’s...

Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel

11.4.2024
The token will be issued on the Liquid Network, a bitcoin sidechain

NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap

10.4.2024
The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk

EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality

10.4.2024
The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

10.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...