Crypto News
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos isSource link
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
The protocol's rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.Source link
Ethereum Giants Formerly Known as MakerDAO and DAI Now on Solana
Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."Source link
Bitcoin Reaches $93,975, Setting a New All-Time High
Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolvingSource link
Bitcoin Makes New All-Time High of $93,750 as ETF Options Go Live
Spot bitcoin exchange-traded funds options are making solid volume on their first day.Source link