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Ethena Labs adds Bitcoin backing to its USDe synthetic dollar
Ethena Labs adds Bitcoin backing to its USDe synthetic dollar

USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more “safe” and “robust” product for USDe token holders.

Cointelegraph·2024/04/05 00:37
Wormhole Bridge $320M Hacker Was Reportedly Eligible for W Tokens Airdrop
Wormhole Bridge $320M Hacker Was Reportedly Eligible for W Tokens Airdrop

Had the hacker chosen to claim their airdrops, they would have been entitled to approximately $50,000.

Cryptopotato·2024/04/04 22:49
Ethena Labs adds bitcoin as USDe backing asset
Ethena Labs adds bitcoin as USDe backing asset

Ethena Labs is backing its USDe synthetic dollar with bitcoin. The move will enable USDe to “scale significantly,” as traders embrace bitcoin, the protocol said.

The Block·2024/04/04 20:10
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69K
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69K

Bitcoin bulls follow through with earlier upside to see $69,000 briefly return to the BTC price chart.

Cointelegraph·2024/04/04 18:55
Ripple to issue stablecoin backed 100% by cash equivalents
Ripple to issue stablecoin backed 100% by cash equivalents

A third party accounting firm will audit these reserves and Ripple will publish monthly attestations

Blockworks·2024/04/04 18:31
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A

CME’s Giovanni Vicioso sat down with Blockworks ahead of the halving to discuss bitcoin ETFs and BTC ahead of the April halving

Blockworks·2024/04/04 18:25
Bitcoin exchange reserves drop to multi-year lows: CryptoQuant
Bitcoin exchange reserves drop to multi-year lows: CryptoQuant

Bitcoin exchange reserves have dropped to multi-year lows, according to CryptoQuant data.However, Glassnode data also suggests that long-term holders are beginning to part with their BTC.

The Block·2024/04/04 16:42
Flash
19:10
According to the latest data released by the Investment Company Institute, the total size of money market funds in the United States has surged to $7.919 trillion, setting a new all-time high.
These types of funds, characterized by strong liquidity and relatively low risk, have recently become a preferred allocation choice for many market participants. The continuous growth in their scale also reflects, to some extent, that investors' risk appetite and asset allocation preferences have experienced corresponding changes under the current market environment.
19:05
The trading volume of Solana tokenized stocks reached $116 million yesterday.
Solana saw its tokenized stock trading volume reach 116 million USD yesterday, accounting for 94% of the total across all networks. (Cointelegraph)
19:04
According to USDA statistics, as of June 1, the number of cattle on feed in the United States reached 102.0% of the same period last year, while the market’s previous consensus expectation was 102.5%.
This actual data is slightly lower than the market's previous expectations and may subsequently have a certain impact on the outlook for U.S. beef cattle supply as well as future trends in market trade.
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