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 ...

An article on Justin Sun’s “ridiculous” banana-buying stunt published by CoinDesk was taken down by the crypto news outlet after Sun complained about the tone of the piece. Fortune reports that an ...

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 ...

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 ...

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 ...

Hackers took over the X account of the crypto podcast UpOnly yesterday and posted a fraudulent token using the brand’s likeness. UpOnly host Brian Krogsgard, otherwise known as Ledger, said that he ...

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 ...

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 ...

Craig Wright said he won’t be attending his contempt of court hearing in London today, citing a “lack of means for travel.” As a result, he will likely be found in contempt and face possible arrest ...

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 ...