By Marco Piccolo Key highlights: Arthur Hayes accumulated nearly $1 million worth of Ethena’s ENA token over two days. The purchases coincide with Ethena’s bid for control of the USDH stablecoin ticker via Hyperliquid’s validator vote. Ethena’s proposal features backing from BlackRock and offers 95% revenue share to Hyperliquid. Trade Crypto on Kraken Arthur Hayes, […]
Tag: BUIDL
By Marco Piccolo Venture capital powerhouse Andreessen Horowitz (a16z) has deepened its bet on Ethereum restaking protocol EigenLayer, investing an additional $70 million to support the launch of EigenCloud, a new platform aimed at bringing verifiability to a broader range of decentralized and traditional applications. The investment, made through a16z’s Crypto Fund IV, builds on […]
By Elizabeth Licorish During a fireside chat at Blockworks’ Digital Asset Summit in New York, Chainlink co-founder Sergey Nazarov sat down with Ethena Labs’ founder, Guy Young, to discuss the convergence of TradFi and DeFi via stablecoins and tokenized real-world assets (RWAs). Chainlink provides industry-standard infrastructure that has enabled over $20 trillion in transaction value […]