Crypto News

DeFi Platform Earning Yield by Shorting Ether Attracts $300M

Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.Source link

Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum

Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink. (Read More)Source link

Solana Integrates Filecoin to Enhance Historic Data Accessibility

Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of its data set while leveraging a decentralized solution like Filecoin. Solana to Integrate Filecoin toSource link

Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M

Order book liquidity indicates how easy it is to buy and sell large quantity at stable prices.Source link

UK Stablecoin and Crypto Staking Rules Ready in Six Months, Says Econ Secretary

Economic Secretary to the Treasury Bim Afolami was speaking at a Coinbase-hosted event in London on Monday.Source link