Is Ethena’s “synthetic dollar” bringing a new systemic risk to decentralized finance (DeFi)? While keen to avoid being labeled as a stablecoin, USDe is increasingly being utilized as such across some ...
Stuart Hoegner, the long-time general counsel of sister firms Tether and Bitfinex, appears to have left the firm. This is based on a change to his bio on X, which now reads, “Former GC @Bitfinex ...
Tether, the world’s largest stablecoin, used 2024 to grow its market capitalization by nearly $50 billion, its investments across a variety of industries, its product lines, and its political ...
A suspected exploit of the Feed Every Gorilla (FEG) token’s “SmartBridge” left holders down 99% on Sunday, after the hacker sold off the proceeds into existing liquidity. In what must feel like a ...
Since January 1, bitcoin (BTC) has rallied 119% while its nearest rival, ether (ETH), trailed way behind at just 44%. A year-end review is in order to understand why Vitalik Buterin failed to lead ETH ...
The team behind Haliey Welch’s controversial “Hawk Tuah” crypto project HAWK, has finally spoken out after 12 days of silence in the wake of the token’s collapse. Welch herself has also been absent ...
Cantor Fitzgerald, the Tether-linked broker, agreed to pay the Securities and Exchange Commission (SEC) a $6.75 million penalty yesterday after it was charged with causing two special purpose ...
Aave governance delegate Marc Zeller has aired concerns over the future of the decentralized finance (DeFi) lending platform on Polygon in the wake of a controversial proposal to use funds locked in ...
The player count of Telegram game Hamster Kombat has fallen another 43% in the past month meaning that it’s down a whopping 277 million players since media outlets reported on its explosive growth ...
Investors are suing the team behind Haliey Welch’s HAWK crypto project in a lawsuit alleging that crypto-newbies enticed by her endorsement suffered significant damages when the token crashed.
Ripple went all-in on politics this year — and it paid off spectacularly. The oldest, most experienced, and wealthiest altcoin-focused company, Ripple’s multi-year initial coin offering (ICO) started ...
It’s been a rough couple of days for many crypto traders. However, spare a thought for the North Korean hackers who were liquidated for almost $500,000 on decentralized finance (DeFi) protocol ...