Tag: News

$24b RWA gold rush gets its elite bootcamp in Ascend startup accelerator

As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. According to a press release shared with crypto.news on…...
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Ethena’s USDe Market Cap Jumps 75% in a Month Amid Treasury Launch

Ethena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent weeks. Its market cap now stands at $9.3 billion. Over the past month alone, it increased by 75%, with a weekly jump of 24%. USDe Growth Signals Strong Investor Appetite Since July 18, yield-bearing stablecoin USDe has...
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Barry Silbert rejoins Grayscale’s board as chair

Grayscale Investments has announced the return of founder Barry Silbert as board chairman in  a move that also saw the digital asset manager expand its management team with new board hires. Barry Silbert’s return comes as Grayscale prepares for the…...
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Blockhain-Based Loans Firm Figure Files Confidential Submission for IPO

Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and...
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DCG’s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push

Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG’s subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the...
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Nexus Mutual’s $250k payout cushions blow for Arcadia hack victims

Nexus Mutual has transferred $250,000 to reimburse users caught in Arcadia Finance’s $3.5 million exploit, marking one of Base blockchain’s first major insurance settlements. The payout arrives as Arcadia’s own recovery plan remains weeks from implementation. On August 4, crypto…...
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