Monthly Archives: February 2024

Bullish Capital and CoinFund led the Series A round.Ether.fi now has $1.66 billion in total value locked.The entire liquid restaking ecosystem has surged to more than $10 billion in TVL.Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.The round also included investment from OKX Ventures

USD0 is a permissionless stablecoin backed by real-world assets.Holders of the stablecoin will be rewarded with yields generated by the real-world assets.A governance token, USUAL, grants the right to vote on proposals that guide the protocol's future.Finance protocol Usual has introduced USD0, a permissionless stablecoin backed by real-world assets (RWAs), alongside a governance token that

Ark Invest and 21Shares will be making the bitcoin reserves of their ARK 21Shares Bitcoin ETF (ARKB) public in a move towards greater transparency.The asset managers are the second of the spot bitcoin ETF issuers to do so, following Bitwise.Asset managers Ark Invest and 21Shares have taken a step towards more transparency for their ARK

Fairshake is trying to throttle the Senate campaign of a California progressive, Rep. Katie Porter, before she can make it to the general election there. The super PAC is seeking to convince the young, crypto-owning voters in her base to go a different direction, hoping to avoid an ally of crypto critic Elizabeth Warren being

In 2023, billions of dollars worth of crypto from sources that can’t be “adequately” identified flowed through Binance in Nigeria, the Governor of the Central Bank of Nigeria (CBN) has said.The West African country faces a foreign exchange crisis and is looking for ways to restrict capital outflows.Last year, $26 billion worth of untraceable funds

The price of bitcoin (BTC) rose above $60,000 during morning U.S. trading hours on Wednesday, it's first time above that level since November 2021.This week's rally appears to have been driven by huge inflows into the U.S.-based spot ETFs, with the new funds adding more than another 12,000 bitcoin on Tuesday after adding about 10,000

This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesCoinDesk Indices (CoinDesk Indices)Top StoriesBitcoin’s near-vertical rise continues, with the cryptocurrency scaling the $59,000 mark early Wednesday. Ether (ETH) topped $3,300, and the CoinDesk 20 Index, a

Backpack’s founders, Armani Ferrante and Tristan Yver, left FTX/Alameda before the firms collapsed.The fresh capital injection will cover the compliance and licensing costs as Backpack looks to expand into more jurisdictions.Longtime Solana contributor Armani Ferrante’s crypto wallet and exchange company Backpack has raised $17 million in a funding round led by Placeholder VC, according to