DeFi Platform Ethena Will Short Bitcoin (BTC) and Ether (ETH) to Issue Synthetic Dollars USDe
On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe,...
Crypto Spot Trading Grew Faster Than Derivatives in March as Bitcoin (BTC) Prices Crossed $73K
Derivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for...
Bitcoin Cash (BCH) Jumps 10% After Halving, Bitcoin Hovers Above $66K
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EU Markets Watchdog ESMA Flagged MEV as Market Abuse Under MiCA, Drawing Concern From Crypto Industry
MEV is often called an "invisible tax" on users, since certain methods for extracting it, like sandwich attacks and frontrunning, can eat directly...
Galaxy Digital to Raise $100M for New Fund
Galaxy Digital’s venture team has long invested its own money in crypto companies. Now, it’s planning to do that with outside investors’ capital,...
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.
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