Ethena Rises 7% as $1B Fee-Funded Buyback Plan Draws Attention
ENA climbed from $0.18 to $0.20 as analysts highlight Ethena's $1 billion in real fees and an upcoming buyback mechanism, while technicals show a potential trend shift.
Read articleENA climbed from $0.18 to $0.20 as analysts highlight Ethena's $1 billion in real fees and an upcoming buyback mechanism, while technicals show a potential trend shift.
PHP fixed two critical flaws on Oct. 21 that allow unauthenticated code execution, prompting warnings from Kraken and Ledger security executives and advice from Cloudflare and the UK's NCSC.
Grayscale now allows eligible investors to exchange cryptocurrencies directly for shares in 10 products, including BTC, ETH, SOL, XRP, and DOGE, with minimums starting around $80,300.
The Office of the Comptroller of the Currency has published its final rule under the GENIUS Act, establishing regulations for payment stablecoin issuers under its supervision ahead of a January 2027 start date.
Italian authorities have arrested 30 people and dismantled a mafia-linked operation that laundered €68 million through a Milan car rental company and crypto exchanges.
Elon Musk has endorsed a potential Tesla-SpaceX merger, which would unite bitcoin holdings worth about $2.54 billion, but shareholder hurdles remain and Tesla still does not accept bitcoin payments.
A proposed merger between SpaceX and Tesla would combine their Bitcoin holdings into one of the largest non-mining corporate treasuries, with 30,221 BTC worth about $2.5 billion.
Kalshi Prime customers can borrow against bitcoin, ether, and compliant stablecoins held at BitGo to fund perpetual futures margin, while Webull prepares to offer Kalshi-cleared perpetuals to U.S. customers in November.
Six major blockchain organizations, including Chainlink Labs and the Cardano Foundation, have called on the SEC to explicitly classify digital commodities as non-securities in its proposed crypto regulatory framework.
Abracadabra DAO has approved a wind-down of the DeFi protocol after reducing its quorum requirement from 3 billion to 300 million SPELL, with just two voters participating.