Happy Friday! As we approach a potential storm of volatility surrounding President-elect Donald Trump's inauguration on Monday, take a moment to relax and catch up on the latest crypto developments.In today's newsletter, Trump reportedly intends to i

Layer-1 stablecoin payments network 1Money has raised more than $20 million in seed funding to further develop its digital payments infrastructure. According to a Jan. 16 announcement, more than two dozen venture capital firms participated in the see

The Global Token Exchange (GTE), a decentralized exchange (DEX) built on the MegaETH blockchain, has raised $10 million across three funding rounds. The funding includes a $1.5 million pre-seed round, $6.9420 million seed funding and a $2.5 million c

Sky (formerly MakerDAO) subsidiary Spark Protocol is integrating Ethena’s USDe synthetic dollar into its “liquidity layer,” the protocols’ teams announced on Tuesday. As part of the partnership, Spark plans to allocate up to $1.1 billion of its balan

Happy turnaround Tuesday! While crypto participants continue to debate whether the bull market still has room to run or it's all over, grab your favorite brew and take five minutes to catch up on the latest. In today's newsletter, Sony's blockchain l

Maple Finance is considering using protocol revenues to buy back native SYRUP tokens and distribute them as rewards to stakers, the decentralized finance (DeFi) protocol said in a Jan. 13 governance proposal. The proposal, which awaits a tokenholder

Usual Money’s staked USD0 token dropped 8.5% from $1 to $0.915 via decentralized exchanges on Friday following the protocol’s dual exit update.While Usual’s USD0 is a U.S. Treasuries-backed stablecoin, currently still pegged to $1, the liquid staked

Securitize Credit is partnering with digital asset trading firm QCP on a strategy incorporating the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) into Securitize’s yield-generating strategies.The partnership involves Securitize Credit en

Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On Jan. 8, Compound’s tokenholders voted to add stablecoin USDe and mETH, Mantle’s

Stablecoin issuer Circle has donated 1 million USD Coin to President-elect Donald Trump’s Inauguration Committee, Circle CEO Jeremy Allaire wrote on Jan. 9.According to the CEO, the acceptance of the donation by the president-elect’s Inauguration Co

Asset manager Galaxy and stablecoin issuer Agora completed the first over-the-counter transaction involving AUSD, Agora’s stablecoin, according to a Jan. 8 announcement. “This trade marks the transition of AUSD from proof-of-concept to real-world app

Bitcoin rallied about 4% this week, indicating solid demand at lower levels. The United States spot Bitcoin exchange-traded funds (ETFs) witnessed outflows of $242.3 million on Jan. 2 but bounced back with a vengeance on Jan. 3 with inflows of $908.

Various DeFi protocols generated large amounts of revenue in 2024, with many established protocols making revenue figures close to their 2021 highs, while newer platforms have established themselves as critical contributors. This has sparked what man

As the cryptocurrency segment is recovering from the mediocre start of 2025, the largest meme coins are yet again in the spotlight. Their sentiment inspires double-digit rallies that can only compete with mid-cap altcoins with solid tech accomplishme

A new proposal on Aave suggests hardcoding the price of Ethena’s USDe to match Tether’s USDt in Aave’s pricing feeds.The proposal, co-authored by Chaos Labs and LlamaRisk, was submitted on Jan. 3 and seeks to protect Aave users from exposure to secon

Synthetic stablecoin protocol Ethena is looking to become a “neobank” — a traditional financial institution operating entirely online — according to an announcement on Friday. The protocol, launched in early 2024, manages the third-largest U.S. dolla

Ethena is preparing to roll out a new crypto-based product aimed at attracting traditional finance (TradFi) institutions.The blockchain platform plans to launch the new iUSDe product in February. Built on its synthetic dollar, sUSDe, iUSDe introduces

The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six days of voting,

The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin , has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research. As of Jan. 2, USDC’s circulating supply is approaching $4

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six