Sunday, August 3, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

  • Gaming
    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

  • Gaming
    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home DeFi

The Pulse: Unlike Luna, at least Ethena is willing to discuss its risks

April 6, 2024
in DeFi
26
DeFi protocol Gamma Strategies suffers an estimated $3.4 million exploit
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

When I attended a weekly meeting I organized in London, I heard for the first time people who were passionate about Luna and UST. The currency kept rising, they said, and the UST was being used by citizens in South Korea to pay for groceries, they claimed.

At the time, I was skeptical, to say the least. A stablecoin backed by another token that could go to zero at any time seemed precarious at best. One of my biggest journalistic regrets was not delving deeper into it and writing up a detailed consideration of its risks. But even if I had, every article would have been nonsense by the self-proclaimed Lunatics, the cult surrounding Do Kwon.

READ ALSO

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

Jito becomes largest protocol on Solana with $1.4 billion in TVL

“Anon, you could be listening to CT influensoors about UST depegging for the 69th time. Or you can remember that they are all poor now, and take up running instead,” Kwon posted on X prior to the stablecoin collapse – as one of many arrogant posts about the status of the project he would make regret it later.

Since the collapse of Luna and UST, taking with them up to $40 billion in value, many people have been skeptical of projects that even vaguely resemble such a stablecoin. It is therefore not surprising that some kind of stablecoin project then called Ethena ENA

+16.14%
started to gain momentum, the comparison was made.

Ethena is a complicated beast. At first glance, it seems like a stablecoin with high returns, like UST offered. But in reality it’s more of a combination of a structured product and a stablecoin, possibly split depending on whether the token is being staked, as noted by The block study.

See also  Berachain reportedly raises $69 million in latest funding round: Bloomberg

When I spoke to Ethena founder Guy Young, who goes by the pseudonym Leptokurtic, in February, he said his worst-case scenario for the project was counterparty risk. This is the possibility that funds stored with institutional managers such as Fireblocks and Copper could be lost for one reason or another. “I think the worst that could happen is if one of those institutional custodians has a major problem and actually fundamentally loses the assets,” he said at the time, signaling a willingness to discuss what could go wrong.

In addition, Ethena is much more transparent and open about the potential risks. On his, for example Frequently asked questions pageIt outlines seven risks facing the project, from funding rates to exchange rate failures and even regulatory issues (which, given that the project is delivering returns thanks to the efforts of a few third parties, seems worth recognizing). She discusses in detail each topic how she monitors certain risks.

So while the issue of Ethena’s risk profile is very complex and subject to much discussion on faced with criticism for pointing out possible defects. And this, you might say, is progress.

Now on to a selection of stories that caught my attention this week.

No, the DOJ did not move 30,000 bitcoin to Coinbase

A few major crypto news sites reported that the DOJ sent 30,000 BTC to Coinbase last week. Only that number wasn’t quite right.

Like The Block covered in real time, the DOJ wallet sent a test transaction of 0.0001 BTC to a wallet labeled as belonging to Coinbase Prime on Arkham. The rest of the money was sent to an exchange address, meaning that in all likelihood they effectively stayed put. Soon after, 2,000 BTC was sent to the same Coinbase wallet, with the remaining funds sent to a change address.

See also  Crypto casino Shuffle partners with decentralized launchpad Bazaar to boost its liquidity bootstrapping pool

While the Bitcoin blockchain is a bit complicated to follow, this broadly means that 2,000 BTC went to Coinbase, and the rest most likely stayed in the same wallet (although a different public key was used).

It’s a bit confusing, but it seems important to note because this marks the difference between the government selling $132 million worth of bitcoin – and $2 billion.

Wormholehacker was initially eligible for his airdrop

Cross-chain protocol Wormhole initially awarded tokens to the entity behind the $323 million hack in 2022.

About four addresses involved in the hack were allocated more than 31,600 W tokens, worth about $38,000.

Although the tokens were initially allocated to these addresses, they have now been removed from allocation, according to a source familiar with the situation.

Major backers support Alliance’s third fund

Brevan Howard Digital, the crypto arm of the global asset management giant, and Galaxy Digital, the crypto firm founded by billionaire Mike Novogratz, have both invested in crypto accelerator Alliance’s third fund, writes Yogita Khatri in her latest scoop.

The Alliance Fund III first closed in February with commitments from Brevan Howard Digital and Galaxy Digital worth $20 million. Each company has already invested $10 million in the fund.

Fund III aims to raise an additional $80 million by July, with a maximum of $100 million. It is expected to invest $500,000 per startup.


Tags: DiscussEthenaLUNAPulseRisks

Related Posts

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown
DeFi

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

May 6, 2024
Jito becomes largest protocol on Solana with $1.4 billion in TVL
DeFi

Jito becomes largest protocol on Solana with $1.4 billion in TVL

May 2, 2024
AltLayer introduces reALT token in second phase of staking program
DeFi

AltLayer introduces reALT token in second phase of staking program

May 2, 2024
MicroStrategy plans to launch decentralized ID solution: report
DeFi

MicroStrategy plans to launch decentralized ID solution: report

May 2, 2024
Aave Chan founder Marc Zeller teases upcoming ‘fee switch’ vote for Aave stakers
DeFi

Aave Labs debuts V4 roadmap in series of governance proposal

May 2, 2024
Uniswap DAO to invest $12 million of UNI for 20% share in Ekubo’s future governance token
DeFi

Uniswap enables crypto purchases via Robinhood Connect

May 1, 2024
Next Post
Wu-Tang Rapper Ghostface Killah Reveals Free Bitcoin Ordinals Mint

Wu-Tang Rapper Ghostface Killah Reveals Free Bitcoin Ordinals Mint

Comments 26

  1. c3oxs says:
    2 months ago

    get cheap clomiphene without rx can you buy generic clomiphene prices how can i get generic clomid without prescription can you get cheap clomiphene online cheapest clomid pills where can i get cheap clomiphene tablets can i get clomid without a prescription

    Reply
  2. cialis buy thailand says:
    2 months ago

    More text pieces like this would insinuate the интернет better.

    Reply
  3. canine flagyl side effects says:
    2 months ago

    Greetings! Very serviceable recommendation within this article! It’s the little changes which choice obtain the largest changes. Thanks a a quantity for sharing!

    Reply
  4. iio12 says:
    2 months ago

    order zithromax sale – where can i buy ciplox oral metronidazole 200mg

    Reply
  5. rxnqh says:
    2 months ago

    order generic semaglutide 14 mg – order semaglutide without prescription order periactin for sale

    Reply
  6. 9019f says:
    2 months ago

    purchase domperidone sale – buy domperidone no prescription flexeril 15mg generic

    Reply
  7. wzk7r says:
    2 months ago

    buy inderal without prescription – plavix pills methotrexate 5mg pills

    Reply
  8. 98qx6 says:
    1 month ago

    cheap amoxil online – ipratropium sale purchase combivent sale

    Reply
  9. z7glu says:
    1 month ago

    buy generic azithromycin over the counter – zithromax 250mg cheap bystolic 20mg oral

    Reply
  10. bmuhs says:
    1 month ago

    order esomeprazole for sale – https://anexamate.com/ esomeprazole drug

    Reply
  11. 2ghxj says:
    1 month ago

    buy coumadin generic – anticoagulant buy losartan 50mg sale

    Reply
  12. wbe0v says:
    1 month ago

    buy mobic – https://moboxsin.com/ mobic over the counter

    Reply
  13. xl0za says:
    1 month ago

    deltasone oral – apreplson.com deltasone over the counter

    Reply
  14. g4vp5 says:
    1 month ago

    mens erection pills – ed pills that really work best ed pill

    Reply
  15. qf3e9 says:
    4 weeks ago

    cost amoxicillin – https://combamoxi.com/ purchase amoxil without prescription

    Reply
  16. pclep says:
    3 weeks ago

    fluconazole online – brand fluconazole fluconazole 100mg canada

    Reply
  17. duxbh says:
    3 weeks ago

    cenforce usa – click cenforce cost

    Reply
  18. u5ab8 says:
    3 weeks ago

    purchase cialis online cheap – cialis bestellen deutschland pregnancy category for tadalafil

    Reply
  19. Connielet says:
    3 weeks ago

    oral ranitidine – https://aranitidine.com/ zantac brand

    Reply
  20. zkfax says:
    3 weeks ago

    cialis cost at cvs – https://strongtadafl.com/# cialis bodybuilding

    Reply
  21. Connielet says:
    3 weeks ago

    This is a keynote which is virtually to my fundamentals… Many thanks! Faithfully where can I find the acquaintance details in the course of questions? sitio web

    Reply
  22. zqai8 says:
    2 weeks ago

    cheap online viagra no prescription – https://strongvpls.com/ order viagra online usa

    Reply
  23. Connielet says:
    2 weeks ago

    Greetings! Very gainful recommendation within this article! It’s the little changes which liking make the largest changes. Thanks a portion towards sharing! https://ursxdol.com/doxycycline-antibiotic/

    Reply
  24. s011i says:
    2 weeks ago

    The vividness in this piece is exceptional. https://buyfastonl.com/furosemide.html

    Reply
  25. rh3bc says:
    2 weeks ago

    I am actually thrilled to coup d’oeil at this blog posts which consists of tons of profitable facts, thanks representing providing such data. https://prohnrg.com/

    Reply
  26. 2hwfp says:
    1 week ago

    More posts like this would prosper the blogosphere more useful. https://aranitidine.com/fr/acheter-cenforce/

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Polygon’s $85M, Big Brained Idea

Polygon’s $85M, Big Brained Idea

November 10, 2023
Mastering ERC-1155: A Comprehensive Guide to Semi-Fungible Tokens

Mastering ERC-1155: A Comprehensive Guide to Semi-Fungible Tokens

June 24, 2024
Global Art Broker Records $35M in Digital Art Sales for 2023 

Global Art Broker Records $35M in Digital Art Sales for 2023 

December 26, 2023
LINK embarks on a crazy bullish run after breaching its 18-month resistance

LINK embarks on a crazy bullish run after breaching its 18-month resistance

October 26, 2023

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Trump-Backed American Bitcoin Nears Public Listing as Gryphon Sets Merger Vote Schedule
  • Bitcoin mining difficulty hits all-time high
  • Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.