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 a “simple wrapper contract” that adds transfer restrictions at the token level, according to Ethena’s 2025 roadmap published on Jan….

Bitcoin’s hashrate — the total computing power securing the network — reached a new all-time high of over 1,000 exahashes per second (EH/s) on Jan. 3, according to data from CoinWarz. That is nearly double the network’s hashrate 12 months ago. According to CoinWarz, Bitcoin’s hashrate hovered around 510 EH/s in January 2024. At the time of…

Deng Chao, CEO of institutional asset manager HashKey Capital, recently told Cointelegraph that crypto projects will attract more capital from venture capitalists in 2025. These VCs are eyeing stablecoin products, real-world asset (RWA) tokenization, artificial intelligence and infrastructure. According to Chao, increased digital asset valuations in 2024 and the tailwinds from the reelection of Donald Trump in…

What is multichain self-custody? Multichain self-custody refers to the practice of managing digital assets across multiple blockchain ecosystems without relying on third-party custodians.  It combines the concept of self-custody — direct control of cryptocurrency assets through private key ownership — with the ability to interact seamlessly across diverse blockchain networks like Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM) and…

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 $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko. Meanwhile, holdings are…

Binance has secured its 21st global regulatory authorization; this one from Banco Central do Brasil, the central bank of Brazil, marks a significant milestone for crypto adoption in Latin America. Binance, the world’s largest crypto exchange, was approved as a licensed broker-dealer in Brazil, the most populous country in Latin America. The approval allows Binance to…