Market News
Check out the news cycle for the past 24 hours and see what’s moving the market today!
Sky Burns 2.86 Million SKY Tokens in First-Ever Supply Reduction
The Sky protocol completed its first token burn, permanently eliminating 2.86 million units acquired on the open market using the ecosystem's own funds. The operation used 5% of the monthly Net Protocol Surplus allocated to buybacks and…
Ethena completes SOC 2 Type II audit with zero exceptions
Ethena's SOC 2 Type II audit success enhances its credibility, potentially boosting institutional partnerships and setting transparency standards in DeFi. Ethena completes SOC 2 Type II audit with zero exceptions.
Ripple Pushes Beyond XRP With $2.4B Cleared On Supply
Ripple expands RLUSD supply to a record high. The milestone arrives less than two years post-launch.
Bitcoin exchanges can reduce quantum exposure before a network upgrade
Coinbase's September workshop shows signature choices and operational migration must advance together across exchanges, wallets and key-management systems.
Nasdaq-Listed DeFi Development Corp. Expands Solana Treasury to 2.39M SOL
DeFi Development Corp expanded its Solana treasury to 2.39 million SOL, recording an increase of 55,491 tokens since August 27. The company established a $300 million at-the-market offering for its perpetual preferred share CHAD, with an…
Huma Finance’s PST token reaches $322M market cap on Solana
Huma Finance's PST token hits $322M market cap, becoming Solana's largest yield-bearing asset with zero credit defaults and $14B in transaction Huma Finance's PST token reaches $322M market cap on Solana.
Morgan Stanley is loading up on Bitcoin
As Bitcoin (BTC) added more than $310 billion to its market capitalization over the past 30 days, reaching $1.57 trillion on September 14, Morgan Stanley (NYSE: MS) through its spot exchange-traded fund (ETF), Morgan Stanley Bitcoin Trust…
Zcash (ZEC), Litecoin (LTC) Achieve New Listing in Europe Despite 2027 Ban Looming
Swiss crypto platform SwissBorg unexpectedly expanded its listings, adding support for Litecoin (LTC) and Zcash (ZEC). For the European market, where regulators have been steadily cracking down on privacy coins, the Zcash integration became…
Market Watch: AI Chip Stocks Tumble, Crude Spikes Past $108, and Bitcoin Braces for Volatility
The semiconductor sector experienced substantial turbulence Monday as leading AI chip manufacturers saw sharp selloffs triggered by industry leader warnings regarding the pace of artificial intelligence advancement.