Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects realworld asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.…
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Source:CoinDesk
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand. Source:CoinDesk
My father-in-law passed away, leaving a house with tenants. Do I evict them?
“We don’t know whether they have signed leases or are renting month to month.” Source:MarketWatch
Ethena's ENA token surges 48%, but altcoin season will have to wait
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season. Source:CoinDesk
GnosisDAO approves Gnosis Chain for Ethereum Economic Zone
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.…
Rushed CLARITY Act vote could set legislation back, Gallego warns
Gallego said the White House has not provided pointbypoint feedback on a bipartisan ethics proposal as a September vote approaches. Source:Cointelegraph
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis…
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Galaxy lowers CLARITY Act odds to 10%
Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September.…
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.…