Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched for a $34 million allocation, while Steakhouse Financial applied with a lending vault on Morpho Blue. 00:59 SEC’s Gensler Was ‘Consistent’ Despite Being ‘Fried Like a

Crypto exchange Coinbase filed a motion to compel the Securities and Exchange Commission to produce internal communications on its discussions about crypto, including the messages of Chair Gary Gensler. The company backed off from a more aggressive earlier effort to seek Gensler’s communications, having demanded documents from before he started work at the agency. Coinbase

Traders should wait until after former President Donald Trump’s speech at the Bitcoin Conference on Saturday to cash out on their bitcoin profits. Some expect Trump to announce plans to make bitcoin a strategic reserve asset if he gets elected in November, which could result in a “parabolic move” for bitcoin. Traders could be forgiven

Superstate’s new tokenized fund will generate yield based on “cash and carry” investment strategy. CEO Robert Leshner said the new fund is “highly-regulated product” for qualified investors. 06:22 Philippines Taps Blockchain 04:56 BlackRock CEO Predicts Tokenization Is the Future of Markets 00:48 Tokenization on Public Blockchains Democratizes Access: Securitize CEO 07:08 Bitcoin Bounces Back Above

This week in prediction markets: It’s market mania as President Joe Biden declines to run for a second term. One market went to the cats, as bettors debate the first billion-dollar cat-themed meme coin. Everyone thought CrowdStrike’s follies would be fixed in a day. They were wrong. Joe Biden’s decision not to seek re-election isn’t

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023 , CoinDesk was acquired by the Bullish group, owner of

Other participants in the round were Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. NPC Labs said it plans to use the proceeds to act as a core contributor to B3.fun, an ecosystem that looks to build Web3 games on Base. NPC Labs, a developer looking to build a GameFi ecosystem on the Base

Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins, including one for Vice President Kamala Harris that more than doubled in price Sunday. KAMA hit an all-time high of 2.4 cents in the minutes following President Joe Biden’s announcement that he was dropping his re-election

The following is a copy of the announcement made today by President Biden that he will not seek reelection: Disclosure Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide