Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
“A lot of things can go wrong,” in Ethena’s yield-generation strategy, said Folkvang CEO Mike van Rossum.
Finance
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
Chaos at MarginFi Shakes up Solana DeFi’s Borrow-and-Lend Landscape
Solend and Kamino were the biggest winners in the Solana DeFi landscape.
‘Bitcoin Sign Guy’ Is Auctioning His Bitcoin Sign
Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to fund his Bitcoin/Lightning/Urbit startup.
DePIN Platform Uplink Raises $10M Led by Framework Ventures
The decentralized wireless platform offers a token-reward system to incentivize users to contribute to the network.
Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel
The token will be issued on the Liquid Network, a bitcoin sidechain.
Crypto Derivatives Exchange Stream Trading Raises $1.5M in Seed Funding
The funding round values the company at $20 million.
Half of Solana Pre-Sales Are Scams, Blockaid Says
Blockchain security firm Blockaid said 50% of recent pre-sale token launches on Solana have been malicious.
VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs
Jan Van Eck told CoinDesk TV’s Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
The company is looking to offer an Ethereum-compatible environment that’s faster than the original.