Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.
Month: April 2024
Crypto Derivatives Lost Overall Market Share in March Despite Hitting Record High Trading Volume of $6.18T
The share of crypto derivatives in total market activity slipped to 67.8% in March, according to CCData.
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EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It’s Not
Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.
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OpenBSD 7.5
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Dogecoin Now Has Its Own Version of Buzzy Bitcoin Ordinals Project Runestone
An airdrop of 30,272 Dogecoin NFTs this week mirrored Runestone’s own “free and fair” distribution in March.
As deal rumors fly, Alphabet and HubSpot would be a strange pairing
Reuters reported on Thursday that Google’s parent company, Alphabet, is exploring the possibility of buying Boston-based HubSpot, a CRM and marketing automation company with a market cap of over $33 billion – a number that has been climbing on those reports. If such a deal were to happen, the cost would likely be pretty substantial, … Read more
Denis Villeneuve is doing Dune 3
Image: Warner Bros. Pictures Variety reports that following the massive box office success of Dune: Part Two, Legendary has tapped Denis Villeneuve for a third installment that would presumably continue the story of how Paul Atreides goes on to conquer the galaxy. Earlier this year, Villeneuve told Empire that he had already “put words on … Read more
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Mario meets Pareto
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PayPal Enables Stablecoin-To-Fiat Option for International Money Payments
Users can now swap PYUSD for dollars to make international payments via Xoom.