Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue
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USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant has quietly […]

Genius Group’s Bitcoin Holdings Rise to 372 BTC With New $5 Million Purchase
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The latest $5 million purchase of bitcoin has boosted Genius Group’s “bitcoin first” strategy with the company on track to reach its $120 million goal. Genius Group Makes Progress With Goal to Hold $120 Million Worth of Bitcoin Genius Group, an AI-based educational tech company announced that it has added to its bitcoin treasury with […]

Iran’s Currency Website Shut Down Amid Cyber Attacks and Central Bank Criticism
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Administrators of Bonbast.com, Iran’s leading website for tracking the rial’s open-market exchange rate, took it offline due to severe distributed denial-of-service (DDoS) attacks and security concerns after criticism from Central Bank Governor Mohammad Reza Farzin. The shutdown removes a crucial data source for foreign exchange traders and citizens as the rial hits record lows against […]

Bitmart Research Projects Bitcoin ETFs Could Attract $50 Billion in Inflows, Boosting AUM to $150 Billion
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According to Bitmart Research’s 2025 crypto outlook, bitcoin ETFs are expected to attract a large amount of capital inflows. Crypto Inflows Set for Record Year Bitmart Research has predicted that net inflows for bitcoin spot exchange-traded funds (ETFs) could exceed $50 billion in 2025 with assets under management (AUM) expected to exceed $150 billion. This […]