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Sky’s New Stablecoin USDS Jumped to $1 Billion Supply in Two Weeks
DeFi

Sky’s New Stablecoin USDS Jumped to $1 Billion Supply in Two Weeks

Ethena bought $400M of the stablecoin issued by the protocol formerly called MakerDAO to diversify collateral for its own stablecoin.
Ripple Vows to Fight Back after SEC Challenges XRP Ruling
Regulation & Politics

Ripple Vows to Fight Back after SEC Challenges XRP Ruling

Ripple CEO Brad Garlinghouse has pledged to continue fighting the case.
Snowden Calls Solana Centralized and Gets Challenged to Debate
People

Snowden Calls Solana Centralized and Gets Challenged to Debate

The challenger, Mert Mumtaz of Helius Labs, said the privacy advocate has no idea what he’s talking about.
EigenLayer Faces Backlash Over Early VC Staking Access
DeFi

EigenLayer Faces Backlash Over Early VC Staking Access

Early investors were allowed to stake tokens received at a discount before the public.
lamborghini sports car
NFTs & Web3

Lamborghini to Launch Genesis Capsule NFT

The luxury car brand is collaborating with Animoca Brands to take its first step into “digital vehicle culture” with its Genesis Revuelto launch.
Ethereum Sells Off for Sixth Straight Day
Markets

Ethereum Sells Off for Sixth Straight Day

Crypto markets continue to bleed, with BTC and ETH down 8% and 12%, respectively, in the last seven days.
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Regulation & Politics

Federal Appeals Court Approves Election Betting

The decision allows election betting to take place without the fear of regulatory scrutiny. Polymarket and FantasyTop are both leaning into the demand.
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Markets

Bitcoin and Ethereum ETFs Suffer Outflows as Crypto Markets Slump

Market sentiment sours as ETFs shed millions and liquidation volumes surge.
Will War Stop Uptober? Experts Weigh In
Markets

Will War Stop Uptober? Experts Weigh In

October has historically been Bitcoin's third-best month, but tensions in the Middle East are stalling its potential.
digital bridge
Blockchains

Sui Launches Native Bridge to Ethereum

Sui has climbed into the top 20 cryptocurrencies by market capitalization.