Category: crypto

Ethena plans to activate the ENA fee switch pending final approval after meeting preset parameters requiring a USDe supply above 6 billion and protocol revenue above 250 million. Distribution details will be shared with ENA holders for confirmation via vote. The switch aims to optimize revenue sharing for ENA holders based on staking percentages.

Ethena plans to activate the ENA fee switch pending approval by the Risk Committee and tokenholder vote after meeting set parameters. The switch aims to distribute revenue to sENA holders based on staked ENA amounts. The Foundation will provide implementation details and seek confirmation from ENA holders before activation.

France is considering challenging the right of some crypto firms operating in other EU countries. The country’s financial regulator is concerned that firms are exploiting differences in regulations to gain market access. France, Italy, and Austria are pushing for centralized EU oversight to ensure consistent rules and protect investors and market stability.

Dragonfly managing partner Haseeb Qureshi proposed a reputation system to reward users on token distributions through airdrops. He shared a plan to filter airdrop farmers who dump tokens immediately after launches. Qureshi responded to critiques and advocated for meta-incentives based on historical token behavior to promote long-term commitment. He proposed standardized holder scores to track…

Bitcoin is trading near the upper edge of its $108,000-$116,000 range ahead of the Federal Reserve meeting. The price is currently at $115,046.29, down by 0.2% in the past 24 hours. On-chain data shows short-term holders realizing profits, creating selling pressure. Market positioning is driven by potential rate cuts and monetary policy signals. Bitcoin’s direction…

SharpLink CEO Joseph Chalom and EigenLayer founder Sreeram Kannan believe investors have not fully recognized Ethereum’s potential to replace outdated settlement systems on Wall Street. They highlight Ethereum’s atomic settlement capabilities and programmable nature, positioning it as a universal settlement layer for financial and economic systems. Institutional adoption is increasing, with Ethereum ETFs launched in…

Credit Saison, Japan’s third-largest credit card company, has launched a new venture fund called Onigiri Capital to support early-stage blockchain firms in the real-world asset sector. The fund has raised $35 million so far and aims to reach $50 million. It focuses on connecting US startups with Asia’s digital asset markets. Despite a slowdown in…

KindlyMD’s NAKA shares dropped to $1.28, down 54% in 24 hours and over 90% in a month. The healthcare-turned-Bitcoin company faces pressure from equity dilution plans and investor fatigue. Grayscale’s report shows growing exhaustion towards digital asset treasury companies. Despite this, new altcoin treasuries are emerging, diluting existing shareholders.

Forward Industries (FORD) acquired over 6.8 million SOL tokens for its Solana Treasury Strategy, making it the top corporate treasury holding Solana. The tokens were purchased at an average price of $232 each, totaling about $1.58 billion. Backed by investors like Galaxy Digital, FORD aims to capture value from the growing blockchain ecosystem.

Base announced the exploration of a native network token during its Base Camp event on Sept. 15, aiming to achieve complete decentralization, align builders and creators as economic participants, and push boundaries of crypto. The potential token will accelerate the transition to complete decentralization and incentivize ecosystem participation on Coinbase’s Ethereum layer-2 network.