Trust Issues and Hacks Drive DeFi TVL Down Over 30%

Crypto

DeFi’s total value locked has dropped over 30% since its December 2022 peak, signaling fading user confidence. Security breaches and global uncertainty continue to drive users away from DeFi protocols and platforms. DeFi’s been taking a hit lately. After reaching a high of $137 billion back in December 2022, the total value locked (TVL) has [&helli

Ethena Expands USDe and sUSDe Ecosystem to BNB Chain

Crypto

Ethena Labs brings USDe and sUSDe to BNB Chain for wider DeFi integration. Partnership with BlackRock and $100M funding boost Ethena’s institutional expansion. Ethena Labs has once again stolen the spotlight with its latest move: bringing its USDe stablecoin and its staking version, sUSDe, to the BNB Chain network. The move allows USDe and sUSDe [&

FLOKI Now Live on Robinhood EU, Expanding Its Reach

Crypto

Robinhood Crypto EU officially lists Floki Inu, expanding access for European crypto traders. FLOKI adoption grows with mainstream exposure and AI integration via BAD Protocol. Robinhood Crypto EU has announced that Floki Inu (FLOKI) is now available on their platform. This means that users in Europe can now buy and sell FLOKI directly through the

SEC Misrepresents USD-Stablecoin Market, Claims Crenshaw

Crypto

The recent guidelines set forth by the US Securities and Exchange Commission (SEC) regarding stablecoins have sparked a debate within the cryptocurrency community. Caroline Crenshaw, a SEC commissioner, has raised concerns about the potential impact of these guidelines on the stablecoin market. Crenshaw believes that the SEC’s approach to regulatin

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