Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement.
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Bitcoin enters ‘Rektember’ as rate-hike risk combines with seasonality to threaten rally
September has historically been a poor month for risk assets in general, and bitcoin, in particular.
Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders...
Musk’s X hit by wave of unsolicited password reset emails
Multiple crypto industry figures and CoinDesk staff received unexpected password reset emails on Tuesday, though there is no evidence yet that X itself has...
Robinhood’s new crypto network is printing cash, and it’s sending Arbitrum’s token soaring
Revenue on Robinhood Chain hit a 24-hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains.
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.
Live updates: Bitcoin trades around $78,000 as crude surges, global bond sell-off deepens
Bitcoin ETFs took in $217 million on Monday, one session after an outflow ended their nine-day run. Ether ETFs have not had net outflows...
Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
BTC drifted lower after last week’s rally to $81,428, while ARB led DeFi gains as Robinhood Chain’s daily fees topped $2 million.
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.