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 ...
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 ...
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 ...
A rumor is circulating that MicroStrategy (MSTR) may not sell shares “at the market (ATM)” or issue new convertible debt in January to fund bitcoin (BTC) purchases. If true, the blackout would ...
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 ...
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 ...
Bitcoin developer Antoine Riard has disclosed two new bugs that affect wealthy node operators within the Lightning Network, a payments protocol with over $500 million worth of BTC capacity. The ...
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.