Business
Ethena Labs: $95M Buyback Plan to Stabilize USDe After $0.65 De-peg
Ethena Labs has proposed an emergency mechanism to repurchase and burn its synthetic stablecoin, USDe, to prevent future de-pegging incidents after the token plummeted...
Business
Kazakhstan Legalizes Nationwide Crypto Mining and Trading
Kazakhstan has enacted sweeping reforms to broaden cryptocurrency mining and trading nationwide, diverging from a trend in the United States where miners are increasingly...
Business
Bitcoin Plunges 26% to Under $92,000, Fueling Cycle End Debate
Bitcoin's price plummeted below $92,000 on Monday, a significant drop from its October highs, though analysts suggest the market is consolidating rather than entering...
Business
Belarus Proposes Unified Crypto Rules for EAEU Amid Divergent Member Laws
Belarus has proposed a unified regulatory framework for cryptocurrencies within the Eurasian Economic Union (EAEU) to address significant legal disparities among member states. The...
Business
Franklin Templeton Designates Coinbase as Custodian for Spot XRP ETF
Franklin Templeton has chosen Coinbase to handle custody and trading for its proposed spot XRP exchange-traded fund, signaling growing institutional acceptance for the digital...
Business
DappRadar Shuts Down After 7 Years, Token Plunges 40%
A prominent Web3 data analytics platform has announced its imminent closure, underscoring the severe financial pressures facing the decentralized finance (DeFi) sector.DappRadar, a firm...