DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day

Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.

Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?

New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.

Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop

Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.

Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K

The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.

Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study

The 5th edition of the Independent Reserve Cryptocurrency Index has revealed that 25% of Australians view Bitcoin more favourably after the spot Bitcoin ETF approval in January.

First Mover Americas: Ether Flirts With $3K

The latest price moves in crypto markets in context for Feb. 20, 2024.

South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections

South Korea's national elections are scheduled for later this year on April 10.

Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement

A potential spot ETH ETF approval would boost the second-largest crypto's appeal among more conservative, institutional investors.

Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services

The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.

Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps

Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.

Galaxy Digital Stock Started at Buy at Canaccord

The investment bank said that Galaxy represents one of the most diversified ways to play digital assets.

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

LockBit hit more than 2,000 different victims, who forked out north of $120 million in payments, according to a DOJ press release.

Stellar Starts Phased Rollout of 'Soroban' Smart Contracts

The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found.

Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks

Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.

The Crypto Vibe Shift

Surveying the small, telltale signs that the market is back. But what’s different this time?

Avalanche's AVAX Underperforms Ahead of $365M Token Unlock

In crypto, large unlocking events usually lead to price declines as the increase in the token's supply outpaces investor demand, a previous study shows.

Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy'

MicroStrategy is up billions on its bitcoin bet, but Executive Chairman Michael Saylor told Bloomberg TV there’s no reason to sell the cryptocurrency.

How to Make (or Lose) Hundreds of Dollars Betting Crypto on Your Fitness Goals

"If I don't walk another 4,400 steps I'll lose $333." With a new app called Moonwalk, you get daily lessons in economics – and maybe healthier, too.

Bitcoin ETF Trading Spikes to Busiest Session Since January Debut

Bloomberg exchange-traded funds analyst Eric Balchunas noted a particular uptick in volume for HODL and BTCW

USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady

Circle cited its “risk management” framework as part of the decision, among other factors.

Starknet’s STRK Drops 53% Amid Token Issuance Criticism

The tokens started trading at around $5 apiece, exchange data shows, but fell ahead of significant token unlocks planned in the months ahead.