Ethena’s USDe Boom Fuels a Tether USDT Surge, Says Founder
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young
cryptocurrencies (Latest Publications)
PayPal and Coinbase Remove PYUSD Fees to Boost Usage
TL;DR PayPal and Coinbase expanded their partnership to remove fees for operating with PYUSD on Coinbase and boost its adoption in regulated markets. The agreement includes
CME Group to Roll Out XRP Futures on May 19, Expanding Its Crypto Offerings
TL;DR CME Group announced that it will launch XRP futures on May 19, subject to regulatory approval, adding another asset to its crypto offerings. The contracts
Upbit and Bithumb Suspend Synthetix Deposits Citing sUSD Volatility Threats
TL;DR Upbit and Bithumb suspended SNX deposits following a DAXA warning over risks posed by sUSD’s instability. The drop of sUSD to $0.68 and SNX’s 26%
KiloEx Resumes Operations, but KILO Token Faces Market Pressure
TL;DR KiloEx has officially announced the resumption of operations after a cyberattack compromised over $7 million. Despite recovering $8.44 million with help from SlowMist, the $KILO
KuCoin Enters Thailand: A Game Changer for Local Crypto Traders
TL;DR Localized Launch: KuCoin, a leading global crypto exchange, has launched its tailored platform in Thailand to merge international expertise with local trading needs. Strategic Partnership:
Russia Unveils Crypto Exchange Initiative for Elite Traders
TL;DR Exclusive Initiative: Russia launches a state-backed crypto exchange aimed solely at elite investors, creating a regulated platform for high-net-worth individuals. Strict Qualification Standards: Only investors
Mashinsky’s Day of Reckoning Looms with 200+ Victim Accounts of Financial Ruin
TL;DR Over 200 victims submitted statements describing the financial and emotional harm caused by Celsius and its former CEO, Alex Mashinsky. The U.S. prosecution is requesting
PayPal Introduces 3.7% Interest on its PYUSD Stablecoin
TL;DR PayPal will offer a 3.7% annual yield on PYUSD balances starting in the summer of 2025, with monthly payments in the same stablecoin. PYUSD is
XRP Gains Momentum as Trump’s Fed Remarks Ignite Market Confidence
TL;DR XRP broke above $2.00 and remains on an upward trend, driven by a macroeconomic environment that favors risk assets and key technical support. The announcement
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