Ethena Labs Partners with Major Exchanges for Reward Program

Ethena Labs, a company that creates synthetic dollars, has formed partnerships with prominent cryptocurrency exchanges such as Binance, Bybit, OKX, and Bitget. These collaborations make it easier for users to join Ethena Labs’ rewards program. Starting today, we’re thrilled to share that our platform now supports integration with select exchange wallets! These wallets include @Web3WithBinance, … Read more

Unclear Rules Hinder Stablecoin Growth: BIS Report

The BIS Report points out that without global rules governing stablecoins, there can be disparities that prevent these digital currenies from reaching their full potential. The study surveyed eleven states and discovered a pressing need for well-defined regulations. The rigidness in rules between borders complicated the prospect of implementing stablecoins within the international financial market. … Read more

StakingFarm Launches High-Yield Ethereum Staking Plans

The StakingFarm platform offers Ethereum staking plans boasting high-yield interest rates, competitive with other investment options, and highly enticing to users. The President and COO of Toci Klajdi will guide users in earning a substantial passive income. With Ethereum adopting proof-of-stake, an opportunity has arisen for StakingFarm, a business that helps investors maximize their returns. … Read more

Unclear Rules Hinder Stablecoin Growth, BIS Report

Based on the BIS Report, the absence of international guidelines for stablecoins can result in discrepancies, preventing their optimal use in the global financial market. The study surveyed eleven countries and highlighted the need for definitive regulations to address this issue. The lack of cross-border flexibility compounds the challenge of integrating stablecoins into the global … Read more

MicroStrategy Faces $1.92B Loss from Short Sellers in Crypto

MicroStrategy has suffered significant losses from short sellers totaling over $1.92 billion since March. This indicates that wagering against the company during this period of cryptocurrency boom proved unsuccessful. In January, the Securities and Exchange Commission gave its approval to several Bitcoin spot exchange-traded funds (ETFs). As a result, Bitcoin, once considered a niche asset … Read more