Stablecoin annualized rate reaches 27%: How sustainable is Ethena Labs?
On February 16, Ethena Labs, the developer of Ethereum-based stablecoin USDe, completed a US$14 million strategic round of financing at a valuation of US$300 million.
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On February 16, Ethena Labs, the developer of Ethereum-based stablecoin USDe, completed a US$14 million strategic round of financing at a valuation of US$300 million.
Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
Certain documents related to former SEC director William Hinman have been released in the SEC’s lawsuit against Ripple Labs.
In a new development, the venture capital arm of the largest global crypto exchange, Binance Labs, has made a foray into Web3 technology.
The latest raise is one of the largest-ever funding rounds for a DeFi protocol.
Singapore-based Web 3 Gaming platform, PlayZap Games is happy to announce seed funding from KuCoin Labs! PlayZap Games aims to ...
Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets.
According to Cointelegraph Research, VCs invested $14.67 billion into blockchain startups Q2. Web3 projects have attracted significant interest.
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.