Ethena’s USDe Sheds $8.3B Since October Crash as DeFi Unwinds
Ethena’s synthetic dollar USDe has shrunk from roughly $14.7B to about $6.4B since the Oct. 10 liquidation cascade, as traders...
Russia Drafts Legislation to Legalize Retail Crypto Payments
The Ministry of Finance moves to bring domestic crypto transactions out of the gray zone, reversing years of restrictive policy.
Bitcoin Stalls At $90K As CPI ‘Data Error’ Blunts Fed Easing
A shutdown-distorted CPI print, still-firm real yields and thinning BTC order books explain why three Fed cuts and 2.7% inflation...
Justin Sun Reportedly Absorbs $60M Loss in Trump-Linked Realty Venture
Tron's founder faces a reported $60 million writedown on a stalled Dominican Republic resort, complicating his recent pivot toward Trump-branded...
Crypto.com Job Post Reveals Plan to Trade Against Sports Betting Customers
A new job listing suggests the exchange will run a proprietary trading desk to bet against users on its upcoming...
Bybit Terminates Japan Operations Following FSA Pressure
The offshore exchange abandons the Japanese market after regulators repeatedly flagged it for operating without a license.
AAVE Bleeds 18% as Governance Standoff Spooks Lenders
The DeFi giant sheds nearly a fifth of its value as internal political friction forces investors to de-risk.
Bitcoin Paces for Worst Annual Loss Since 2018 as Q4 Liquidity Evaporates
Bitcoin erases mid-year gains to track its deepest annual drop since 2018 as macro headwinds and trader exhaustion define Q4.
Michael Selig Takes CFTC Helm as Crypto Ally Pham Exits
Michael S. Selig now chairs the CFTC as Caroline Pham exits for MoonPay, locking in a rare pro-crypto succession at...
Venezuela’s PDVSA Routes 80% Of Oil Revenue Through USDT
A Venezuelan economist says nearly 80% of PDVSA’s oil revenue now settles in USDT, locking the country’s main export into...