BFUSD explained: Binance’s new high-APY product sparks debate
BFUSD is not designed like a traditional stablecoin. Instead, Binance describes it as a “reward-bearing margin asset” for futures trading.
Goldman Sachs bets big on crypto with $718M in Bitcoin ETFs
Goldman Sachs’ growing investments in cryptocurrency are surprising given the bank’s past stance. In 2020, Goldman Sachs dismissed Bitcoin, claiming it was “not an asset class” and “not suitable for investment.”
FTX accuses Binance of fraud and market manipulation in new lawsuit
FTX claims that Binance, along with its former CEO Changpeng Zhao (known as "CZ"), acted fraudulently and hurt FTX's financial stability.
New Mekong Testnet trials Ethereum’s Pectra upgrade
According to the blog post, “Mekong is meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes”.
EigenLayer implements new safeguards after $6M token heist
“The attacker sold these stolen EIGEN tokens via a decentralised swap platform and transferred stablecoins to centralised exchanges”, stated Eigen Labs in a press release.