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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

Ethena ENA will launch UStb, a new stablecoin, to improve market stability and offer a different risk profile than USDe, leveraging tokenized assets with BlackRock's fund.

theblock.co • 26/09/2024 - 11:00 AM

Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

Ethena is launching UStb, a stablecoin in partnership with Securitize, to complement its existing USDe, enhancing liquidity and diversifying risk profiles in turbulent markets.

theblock.co • 26/09/2024 - 11:00 AM

The Daily: Binance launches pre-market spot trading, Caroline Ellison gets sentenced to two years in prison, Hamster Kombat teases roadmap and more

Binance has launched a pre-market spot trading service that uses “actual tokens.” Former Alameda CEO Caroline Ellison was sentenced to two years in prison for her role in the collapse of FTX. Hamster Kombat teased token buybacks, NFTs and the launch of a web app ahead of its highly-anticipated airdrop. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 25/09/2024 - 17:30 PM

The Daily: Binance launches pre-market spot trading, Caroline Ellison gets sentenced to two years in prison, Hamster Kombat teases roadmap and more

Binance introduces pre-market trading, Caroline Ellison gets two years for fraud, and various crypto projects announce updates and fundraising initiatives.

theblock.co • 25/09/2024 - 17:30 PM

Initia raises $14 million Series A at $350 million token valuation

Initia, a blockchain project, raised $14 million to develop a Layer 1 network and interwoven optimistic rollups, totaling $22.5 million in funding to date.

theblock.co • 25/09/2024 - 13:05 PM

Initia raises $14 million Series A at $350 million token valuation

Initia has raised $14 million in a Series A round ahead of its mainnet and token launch. The round brings Initia’s fully diluted token valuation to $350 million, co-founder Ezaan Mangalji — who goes by “Zon” — told The Block.

theblock.co • 25/09/2024 - 13:05 PM

Binance launches pre-market spot trading service with 'actual tokens'

Binance has launched a pre-market spot trading service. Unlike competitors, Binance offers pre-market trading of “actual tokens,” not derivatives, a Binance spokesperson told The Block.

theblock.co • 25/09/2024 - 12:30 PM

The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for 'grand bargain on stablecoins' and more

Polymarket considers a token launch, Celestia raises $100 million, Maxine Waters advocates for stablecoin regulation, and Ark Invest sells Bitcoin ETF shares.

theblock.co • 24/09/2024 - 17:06 PM

The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for 'grand bargain on stablecoins' and more

Polymarket plans a token launch, Celestia raises $100M, Rep. Waters seeks stablecoin regulations, Ark Invest sells Bitcoin ETF shares, and crypto adoption grows among financial advisors.

theblock.co • 24/09/2024 - 17:06 PM

The Funding: Crypto VCs on a fundraising spree

Crypto VCs raised over $2.2 billion in 2023, focusing on DePIN funds. These projects aim to leverage blockchain for real-world applications and disrupt traditional industries.

theblock.co • 22/09/2024 - 23:22 PM

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