Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe
Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged…
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion…
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his…
What the Ethereum Community’s Staking Argument Is Really About
The Ethereum community is debating the power and responsibilities of the Ethereum Foundation, which some think is…
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic…
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor…
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of…
Bitcoin Mining’s Boon for Small Town America
Will Foxley’s doc about a small Texas town’s embrace of a new mining facility paints a more positive story about…
Online Payments Giant PayPal Enables Cross-Border, Stablecoin-Funded Money Transfers for…
PayPal just rolled out a new service that allows users to fund their cross-border money transfers using PayPalUSD…
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs…