May 1, 2024
Ethena’s USDe Growth Has Slowed Down, But Its Founder Isn’t Worried
The rapid growth in Ethena’s USDe market cap has stalled amid broader market turmoil, but founder Guy Young remains positive.
The closely-followed multi-manager firm has expanded its longtime traditional finance strategies into digital assets.
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The development of BOB, which launched its mainnet on Wednesday, is part of a cultural shift towards experimentation within the Bitcoin ecosystem.
Onchain analysts at Glassnode have identified the cohort of investors behind the duration and depth of each market pullback, noting that we are still within “the Euphoria zone.”
While Bitcoin’s new non-fungible feature, Runes, has attracted attention and initially buffered the bottom lines of miners, its usage quickly plummeted.
Build on Bitcoin (BOB), Botanix, and Citrea plan to bring DeFi, perps, stablecoins, and much more to the Bitcoin ecosystem. Here’s how.
The closely-followed multi-manager firm has expanded its longtime traditional finance strategies into digital assets.
As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.
As memecoins drive much of the trading activity on one end of the crypto market, protocols with perhaps a more legitimate use case are quietly growing in value.
With Bitcoin, Ethereum, and Solana facing sharp declines, some point to dwindling bullish catalysts and regulatory risks, while others see potential for a market rally.
The rapid growth in Ethena’s USDe market cap has stalled amid broader market turmoil, but founder Guy Young remains positive.
As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.
As memecoins drive much of the trading activity on one end of the crypto market, protocols with perhaps a more legitimate use case are quietly growing in value.
REZ and KMNO have both decreased substantially since their market debut early Tuesday, continuing a trend for recently airdropped tokens.
The development of BOB, which launched its mainnet on Wednesday, is part of a cultural shift towards experimentation within the Bitcoin ecosystem.
Blockchains including Celo have recently chosen Optimism’s OP Tech Stack to deploy Layer 2s on Ethereum.
From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.
As EigenLayer prepares to distribute its potentially record-setting airdrop, the Ethereum community faces a pivotal question: Will the end of point farming and subsequent token rewards prompt a significant unstaking and selling of ETH, or will it reaffirm investor confidence in the restaking ecosystem?
Magic Eden recently surpassed OpenSea in weekly trading volume for the first time, highlighting how the competitive landscape among NFT marketplaces is continuing to shift.
This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!
This week in crypto: Senators target stablecoin legislation, heightened scrutiny on CFTC Chair’s previous dealings, advances in Ethereum layer 2 solutions, Uniswap’s risky fee increase strategy, Bitcoin’s rising dominance in fees, and more!
The sequel to the hit onchain game saw 800 players secure their spots for 0.1 ETH each, bringing the winning pot size to over $263,000.
How fair was the founder and former CEO of Binance’s sentence? See how it stacks up to other recent banking prosecutions across crypto, TradFi, and the casino industry.
The former chief of Binance was sentenced by a Seattle judge to four months behind bars for violating the Bank Secrecy Act.
Prosecutors have recommended a prison sentence of at least three years for Zhao for violating the Bank Secrecy Act, but his lawyers have argued for simply probation.
This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!
As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.
From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.
Analysts are optimistic that Base could eventually become a significant contributor to Coinbase’s top line, but many think it may take a while to get there.
This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!