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Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin’s as the synthetic dollar looks to recover from its 2026 contraction. On Aug. 28, Ethena revealed plans to extend the basis strategy…
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators…
BTC gave back some of its gains after Fed Chair Kevin Warsh talked tough on inflation, but prediction market traders are still leaning bullish.
North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Lazarus Group moves 244 BTC between wallets Lookonchain reported the transfer in…
An Avici exploit drained $652,000 from Solana card vaults the company said only users could touch. AVICI fell 44%.
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Collins-linked Bitcoin has moved to…
Bitcoin Magazine Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale The so-called debasement trade is benefiting bitcoin, the asset manager's research team has said. This post Debasement Trade Is Here Thanks to Government Debt…
HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. HyENA will remove markets over three days HyENA said in an Aug. 28 shutdown…
Justin Sun says an AI told him not to pay $50 million. CZ says the fight belonged in court, not online.
Bitcoin Magazine Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO Just as the regulatory landscape changes, Asians are looking for places to park their cash. The opportunity is Bitcoin, Metaplanet CEO Simon Gerovich argued at Bitcoin Asia.…
An ongoing attack against Solana-based crypto card platform Avici has reportedly drained more than $1 million from user collateral accounts while sending its AVICI token to an all-time low. Avici attacker adds administrators before withdrawals According to reports, the suspected…
