Donna Wang

Several major crypto protocols have joined forces to restore the backing of rsETH, a liquid restaking token, by pledging a combined 43,000 ETH. The initiative, called DeFi United, aims to address a shortfall in rsETH reserves after a recent market event. The pledge includes contributions from Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, […]

PUSD Stablecoin Expands to ADI Chain, Targeting 3 Trillion Dollar Islamic Finance Market The Shariah-compliant stablecoin PUSD is expanding its footprint with a deployment on ADI Chain, a new Layer-2 network designed for institutional settlement in the Middle East. This move positions the Gulf currency-backed digital asset to tap into the 3 trillion dollar Islamic

Adam Back Addresses Satoshi Claims and MiCA Praise at LONGITUDE Paris At the recent LONGITUDE event in Paris, Blockstream CEO Adam Back finally addressed the persistent rumors that he is Satoshi Nakamoto, the mysterious creator of Bitcoin. While he has long been a leading candidate for the role, Back stated that people often speculate because

Stratiphy Reopens Tax Efficient Path to Crypto ETNs for UK Investors A recent rule change from the UK tax authority, HMRC, had inadvertently closed a popular tax efficient route for everyday investors to gain exposure to cryptocurrency. Now, investment firm Stratiphy has reopened that pathway, providing retail investors with renewed access to crypto within a

XRP Holders Back in Profit as Price Eyes 55% Rally The majority of XRP investors are now back in profit, a development that could fuel a significant price surge. Current market data suggests the digital asset is gearing up for a potential breakout toward the $2.24 mark, representing a 55% increase from current levels. However,

Bitcoin Bulls Hold Firm But Face Key Resistance at $80,000 Bitcoin continues to demonstrate strength as bullish sentiment holds the market. However, technical analysis suggests the path to new highs may not be straightforward. The $80,000 price level is emerging as a significant barrier, a point where selling pressure has historically increased. This creates a

Kelp Exploit Fallout Shows Core DeFi Lending Tradeoff Between Safety and Efficiency The recent multi million dollar exploit of the Kelp DAO restaking platform has reignited a fundamental debate within decentralized finance. While the technical cause involved a vulnerability in a liquidity provider token, industry observers point to a deeper systemic issue common to many

Singapore Gulf Bank Pioneers 24/7 Stablecoin Services for Institutions A financial institution based in Bahrain is breaking new ground in the digital asset space by offering direct stablecoin minting and redemption services to its institutional clientele. Singapore Gulf Bank now allows qualified clients to convert traditional fiat currency from their bank accounts into US dollar-pegged

Telegram CEO Warns EU Age Verification Tool Could Lead to Mass Surveillance Pavel Durov, the founder and CEO of the messaging app Telegram, has issued a stark warning about a new European Union age verification method, suggesting it could be a stepping stone to pervasive online identity tracking and control. His comments follow reports that

Cybersecurity Expert Discovers Counterfeit Ledger Wallet on Chinese Marketplace A cybersecurity researcher has revealed the discovery of a sophisticated counterfeit Ledger hardware wallet being sold on a popular Chinese online marketplace. The investigation into the fake device uncovered firmware evidence that suggests a link to a major Chinese semiconductor manufacturer. The researcher, who shared their