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April 3, 2024
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Fantom founder concerned negative funding rates will introduce next Terra-like’ unbacked asset’

Fantom creator Andre Cronje, a prominent figure in decentralized finance (DeFi), has expressed concerns about potential risks associated with Ethena Labs’ USDe stablecoin.   Cronje highlighted […]
April 3, 2024
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Ethereum earnings tripled in Q1 2024, reaching $370M

In the first quarter of 2024, Ethereum, the leading blockchain network by transaction volume, experienced significant growth across key income statement metrics.   Ethereum’s earnings in […]
April 2, 2024
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Telegram trading bot Solareum shutters days after $520K exploit

The Solana-based Telegram trading bot, Solareum, has announced its permanent closure due to a combination of financial constraints and a recent security breach.   Reasons for […]
April 2, 2024
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Singapore amends Payment Services Act to cover token custody and transfers

The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) aimed at broadening the regulatory oversight of services related to […]
April 2, 2024
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‘No bridges or wrapping’ — dWallet and Avail are building native Bitcoin rollups

Bitcoin users will soon gain access to smart contract functionality without the need for bridging or wrapping their BTC. A new integration between dWallet Network and […]
April 2, 2024
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Largest Ethena airdrop recipient gets nearly $2M

The largest beneficiary of the Ethena Labs airdrop received a substantial amount of Ethena (ENA) tokens, totaling nearly $2 million, on April 2.   Wallet 0xb56 […]
April 2, 2024
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Digital asset inflows recover, but ETF activity is slowing down

In the previous week, digital asset inflows into crypto investment products rebounded, marking a notable shift from net outflows to net inflows totaling $862 million. This […]
April 2, 2024
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Crypto.com expands in South Korea despite increasing regulatory scrutiny

Centralized cryptocurrency exchange Crypto.com is set to introduce its cryptocurrency trading app to South Korean retail investors on April 29.   The platform will offer access […]
April 2, 2024
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Crypto giants push to get Bitcoin an emoji

Nexo and over 35 prominent organizations in the cryptocurrency sector have united to advocate for an official Bitcoin emoji. The initiative, dubbed “Bitcoin Deserves an Emoji,” […]
April 2, 2024
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Crypto derivatives firm Deribit moves to Dubai after winning VARA approval

Deribit, a leading exchange specializing in cryptocurrency options and futures like Bitcoin, has decided to relocate its operations to Dubai following the acquisition of regulatory approval […]

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