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 ...
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 ...
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 ...
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 ...
Haliey Welch has announced that she will cooperate with the legal team that is currently suing individuals behind the launch of her HAWK memecoin. Welch’s recent post to her X account is the first ...
Aptos Labs co-founder Mo Shaikh has announced his resignation as CEO, stating that he will take “much-needed time to reflect on where the world is headed and to think deeply.” He has seemingly timed ...
A Brooklyn-based crypto police unit has seized a scam network’s email list and used it to warn more than 1,200 potential victims. The Virtual Currency Unit used the new technique to bring down the ...
Nayib Bukele’s tune has seemingly changed his stance on the International Monetary Fund (IMF). Bukele once laughed at its bankers causing a dip in bitcoin (BTC) prices, refused to consider repeated ...
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.
Craig Wright has been given a two-year suspended prison sentence by a UK judge after he was found guilty of criminal contempt of court following accusations from the Crypto Open Patent Alliance (COPA) ...