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…