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February 24, 2025
Ethena Labs founder Guy Young previously announced plans to roll out iUSDe — a product designed for regulated financial institutions — in January.
Crypto ETPs saw $508 million in outflows last week, with Bitcoin ETFs losing $571 million. XRP funds recorded $38 million in inflows as investor sentiment remained cautious.
US Bitcoin ETFs saw $1.14 billion in outflows over two weeks, the largest since their launch, as trade tensions and monetary policy concerns weighed on investor sentiment.
A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.
Layer-1 blockchain Berachain’s total value locked has surged to $3.26 billion, surpassing Arbitrum and Base to become the sixth-largest DeFi network.
Bitcoin traders worry over a return to BTC price range lows as market inertia keeps bears in control into the monthly close.
Raydium’s token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX’s revenue.
Based on past behavior, the Lazarus Group could start using mixers to obfuscate the stolen funds, but it may prove more challenging this time due to the sheer volume of stolen assets.
10x Research’s Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.”
Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC.
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