USDe App Launches with 6% Rewards
@Ethena launched the Ethena Pay app, enabling users to hold and spend $USDe with up to 6% rewards in 48 countries, excluding the US and EU initially. #Update #Crypto $USDe
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Losses Surge to $136M in August
Crypto security losses hit $136M in August across 50 incidents, highlighting ongoing risks despite market recovery. Exploits and phishing remain distinct threats. #Breaking #Crypto #Security
Crypto Network Launches Boosting Arbitrum Token Soar
Revenue on @Robinhood’s Chain reached a record $1.9 million in 24 hours, leading to a 30% surge in $ARB as traders pursued gains. #Update #Crypto $ARB
X Users Flooded with Password Reset Emails
Multiple crypto industry figures and CoinDesk staff received unsolicited password reset emails from @X, though no evidence suggests a breach has occurred. #Update #Crypto
Crypto Malware Spreads via Fake Claude App
A fake “Claude Opus 5 Free Desktop” app is spreading RevStealer malware, targeting over 50 crypto wallets and stealing sensitive data. #Update #Crypto $BTC $ETH
Stablecoins Revolutionize Banking with High-Yield Savings
@EthenaPay introduces a 6% dollar savings rate and 5% card cashback, utilizing Avalanche for settlement, enhancing stablecoin integration into everyday banking. #Update #Crypto $USDC
Ripple and Coincheck Launch Digital Asset Custody
@Ripple partners with @SettleMint to enhance digital asset custody for financial institutions in Asia-Pacific, amid rising crypto activity. @Coincheck Group teams up with DFNS for wallet technology in Japan. #Update #Crypto $XRP
Kalshi Divorce Market Surges 300 Percent
Kalshi’s institutional trading volume surged 800% in six months, reaching $178 billion annually, driven by user interest in personal prediction markets like divorce probabilities. #Update #Finance
Crypto Account Frozen in $13.5 Million Probe
Authorities targeted funds from a $140 million sponsorship deal with @Sorare; no wrongdoing confirmed by the Premier League. #Update #Crypto $ETH
Lazarus Group Moves $30M Through Hyperliquid
Crypto wallet addresses linked to the Lazarus Group moved $30M through Hyperliquid, sending funds to exchanges like KuCoin and Kraken. #Update #Crypto $BTC $ETH $SOL
Trump Son Invests $300 Million in Polymarket
@1789Capital plans to invest up to $300 million in @Polymarket’s funding round, potentially raising its total stake to $500 million as Polymarket seeks up to $1 billion at a valuation exceeding $20 billion. #Update #Crypto
Billionaire Dumps Stock Boosts AI Exposure
Billionaire David Tepper’s Appaloosa sold all SanDisk shares and increased AI-focused investments, with 77% of assets in companies like Amazon and Nvidia, while trimming Micron exposure. #Update #Crypto $NVDA
Stablecoins Gain Ground as Singapore Considers Recognition
The Monetary Authority of Singapore (MAS) is reconsidering its stablecoin regulations, proposing to recognize jointly issued foreign stablecoins under its framework. Public comments accepted until Oct. 16. #Update #Crypto $USDT
CLARITY Act Faces 3 Senate Battles Before Vote
The CLARITY Act faces three unresolved Senate disputes ahead of a Sept. 15 vote, with prediction markets showing a 91% chance of a vote but only a 13% chance of passage this year. #Update #Crypto $BTC