CryptoNews

Ethena Bids for USDH With BUIDL-Backed Reserves

Ethena Labs has submitted a proposal to operate Hyperliquid’s native USDH stablecoin, outlining a structure that begins with full collateralization in USDtb and a governance-linked security model. Blackrock, Securitize Ties Featured in Ethena’s USDH Bid for Hyperliquid The latest bid from Ethena positions USDH as “Hyperliquid-first,” initially backed 100% by USDtb, a stablecoin whose…
Read more
CryptoNews

XRP ETF Approval Odds Soar as Expert Warns Demand Is Severely Underestimated

XRP ETF approval odds are skyrocketing, setting the stage for 2025 to ignite a massive shift in crypto investing as regulatory momentum and institutional demand align. Soaring Approval Odds for XRP ETF Put 2025 on Track as Breakout Year XRP is gaining momentum in financial markets as optimism grows over potential approval of a new investment product. Recent figures from Polymarket, a leading…
Read more
CryptoNews

Ocean Mining Stunned as Micro Bitcoin Miner With 5 TH/s Finds Block in Solo Mining Lottery

Ocean Mining reports that a small, $500 application-specific integrated circuit (ASIC) Nerdminer, humming along at about 5 terahash per second (TH/s), managed to hit a block — a feat that would typically demand a wait of more than 3,500 years. DATUM-Driven Baby Nerdminer Stuns Network by Beating 960 EH/s Odds On social media, people have been discussing how a small miner struck a block through…
Read more
CryptoNews

SEC and CFTC Collaborate on Crypto Oversight to Boost US Spot Markets

U.S. regulators are aligning to unlock spot crypto asset markets, clearing the way for exchanges to list leveraged digital products while preserving strong oversight and compliance. SEC and CFTC Join Forces to Guide Spot Crypto Asset Markets Staff from the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) announced on Sept. 2 that they are…
Read more