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Ethena Labs adds Bitcoin backing to its USDe synthetic dollar
Ethena Labs adds Bitcoin backing to its USDe synthetic dollar

USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more “safe” and “robust” product for USDe token holders.

Cointelegraph·2024/04/05 00:37
Wormhole Bridge $320M Hacker Was Reportedly Eligible for W Tokens Airdrop
Wormhole Bridge $320M Hacker Was Reportedly Eligible for W Tokens Airdrop

Had the hacker chosen to claim their airdrops, they would have been entitled to approximately $50,000.

Cryptopotato·2024/04/04 22:49
Ethena Labs adds bitcoin as USDe backing asset
Ethena Labs adds bitcoin as USDe backing asset

Ethena Labs is backing its USDe synthetic dollar with bitcoin. The move will enable USDe to “scale significantly,” as traders embrace bitcoin, the protocol said.

The Block·2024/04/04 20:10
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69K
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69K

Bitcoin bulls follow through with earlier upside to see $69,000 briefly return to the BTC price chart.

Cointelegraph·2024/04/04 18:55
Ripple to issue stablecoin backed 100% by cash equivalents
Ripple to issue stablecoin backed 100% by cash equivalents

A third party accounting firm will audit these reserves and Ripple will publish monthly attestations

Blockworks·2024/04/04 18:31
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A
ETFs helped ‘legitimize’ bitcoin ahead of halving: Q&A

CME’s Giovanni Vicioso sat down with Blockworks ahead of the halving to discuss bitcoin ETFs and BTC ahead of the April halving

Blockworks·2024/04/04 18:25
Flash
07:14
Philippines central bank governor: Unscheduled meetings, including significant interest rate hikes, can be convened at any time if necessary.
The Governor of the Central Bank of the Philippines: If necessary, ad hoc meetings can be convened at any time, including significant interest rate hikes.
07:12
72 large orders executed consecutively, HYPE whales accumulate over $28 million
According to "Large Transactions" monitoring, from 13:20 (UTC+8) until now, Hyperliquid HYPE/USDC perpetual main force has been continually executing buy orders, with a total of 72 buy orders amounting to 28.12 million US dollars, and an average buy price of $70.073. Combined with the "Position Difference" indicator, it is determined that most of the main force transactions are accompanied by an increase in holdings, confirming that new funds are actively entering to build long positions. At present, most of the buy orders are in a floating profit state. Next, attention should be paid to whether the scale of main force buying continues to expand. Key levels to watch: - Resistance: $73.82 - Support: $68.8 Data is for reference only and does not constitute any investment advice.
07:10
Oracle's South Korea branch increases prices for all products by approximately 10%
Glonghui June 18|According to South Korea's ETNews citing industry insiders, Oracle's South Korea branch has initiated price increases across its entire product line. Recently, it has sent product price adjustment notifications to partners and major clients, with Oracle's main products supplied to the Korean market rising by around 10%. The main reason for this price hike is that high exchange rates have pushed up costs. Industry insiders pointed out that the price increases are not limited to the Korean market but are being implemented simultaneously worldwide. A relevant representative from Oracle Korea stated: "For some time, we have not been able to fully reflect the increase in exchange rates in our product prices. This adjustment is a price correction based on recent market conditions. According to common practice in contracts with clients and partners, specific details such as the exact increase for each product line cannot be disclosed publicly."
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