Ethena team accused of misusing 180M ENA tokens to farm Sats

A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with tokenized bonds to build a Bitcoin city. The Central Bank of Russia has…

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. 591 Total views 10 Total shares Own this piece of history Collect this article as an NFTSoftware analytics company MicroStrategy recorded a paper loss of over a billion dollars…

The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors. 946 Total views 6 Total shares The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning…

The Bitcoin chart flashed a crucial buy signal for investors, but BTC still faces significant resistance at the $68,500 mark.

The Fold app — a Lightning-compatible mobile app that offers users Bitcoin rewards (BTC) while shopping — has joined Visa’s Fintech Fast Track Program.Joining the program will enable the app to launch a new Visa co-branded card, which continues the offer of Bitcoin rewards for purchases made at retailers.Speaking to Cointelegraph, Fold’s CEO Will Reeves…

Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system, local media outlet industriemagazin.at reported on June 13.Alukönigstahl CEO Stefan Grüll is working on the business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” which targets traditional use cases. Within the framework of the project, Grüll reportedly founded a…

The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or 'cash in on' depending on your perspective) is rapper and Fyre Festival co-founder Ja Rule — who is auctioning off a 48-inch-by-60-inch, oil-painting of the Fyre Fest's corporate logo with accompanying NFT. The auction, which has a reserve price of $600,000…

The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30.The regulator detailed the prerequisites that a cryptocurrency business needs to follow in order to comply with both the Australian Corporations and ASIC Acts, but did not cover regulations enforced by other national…

Investors are signaling clear demand for the first Bitcoin ETF in Canada, but an American product remains far out on the horizon. 4712 Total views 11 Total shares The first Bitcoin ETF in North America, TSX’s Purpose Bitcoin ETF. had a gangbusters debut today trading nearly $100 million in volume. A Bloomberg Law report noted that…