Bitcoin24h $82,779.35-1.66%

Ethereum24h $1,884.11-2.17%

XRP24h $2.28-5.85%

BNB24h $598.70-0.03%

Solana24h $128.11-4.87%

Dogecoin24h $0.1669-5.04%

Cardano24h $0.6998-6.26%

TRON24h $0.2141-4.35%

Pi24h $1.38-4.54%

UNUS SED LEO24h $9.80+2.08%

Aave proposal to peg Ethena’s USDe to USDT raises concerns

While keen to avoid being labeled as a stablecoin, Ethena’s USDe is being used as such across some of DeFi’s biggest players.

Stuart Hoegner leaves roles as Tether and Bitfinex general counsel

Archives for Tether’s “About Us” page show that Hoegner was still listed as the firm’s general counsel as recently as Christmas Eve.

Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.

While some would like to see Lazarus Group’s ill-gotten gains go down the drain, others see the activity on HyperLiquid as a worrying sign.

Authorities in El Salvador have agreed to end the use of bitcoin for tax payments by February 2025 in order to secure an IMF loan extension.