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ABS Chain News

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the... Read more

Posted by cointelegraph.com 10 hours ago

Ethena Labs Launches $USDtb Stablecoin Backed By BlackRock’s BUIDL

Ethena Labs has unveiled its latest product, $USDtb, a stablecoin backed by BlackRock’s BUIDL. Designed to maintain a 1:1 peg,... Read more

Posted by themerkle.com 20 hours ago

Ethena’s $USDe Supply Nears $6 Billion Amid Explosive Growth And Rising On-Chain Demand

Ethena’s $USDe stablecoin is rapidly approaching a supply of $6 billion, marking a remarkable 140% increase since its October lows.... Read more

Posted by themerkle.com 20 hours ago

Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’

Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs... Read more

Posted by cointelegraph.com 2 days ago

Aptos Labs CEO Mo Shaikh Quits; Avery Ching to Take His Place

The Aptos co-founder is sticking around as a strategic adviser, though.... Read more

Posted by coindesk.com 2 days ago

Harbour Teams With Velocity Labs To Launch Instant Stablecoin Payment Between EU Banks and Polkadot

December 19, 2024 – London, United Kingdom Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment... Read more

Posted by dailyhodl.com 3 days ago

Hashing It Out: 2025 and beyond: DePIN’s role in the next crypto wave

In this Hashing It Out episode, Tom Trowbridge of Fluence Labs explains how decentralized networks could outperform tech giants with... Read more

Posted by cointelegraph.com 3 days ago

Trump Family’s World Liberty Financial (WLFI) Forms Partnership With Arthur Hayes-Backed Ethena Labs

Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump’s... Read more

Posted by dailyhodl.com 3 days ago

Sonic Labs Launches the Sonic Mainnet – EVM-Compatible, Verifiable 10,000 TPS and Sub-Second Finality

December 18, 2024 – George Town, Cayman Islands Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible... Read more

Posted by dailyhodl.com 3 days ago

Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol

Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that... Read more

Posted by cryptoslate.com 4 days ago

Ethena Labs partners with Trump’s World Liberty Financial

The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.... Read more

Posted by cointelegraph.com 4 days ago

Avara founder backs proposal to offboard Polygon markets from Aave

The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s... Read more

Posted by cointelegraph.com 4 days ago

Hong Kong approves 4 new crypto trading platform licenses in regulatory push

Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step... Read more

Posted by cryptoslate.com 4 days ago

SFC Approves Four VATPs and Outlines Licensing Conditions After Inspections

The Securities and Futures Commission (SFC) has granted licences to four virtual asset trading platforms (VATPs) under its expedited licensing process.This follows... Read more

Posted by financemagnates.com 4 days ago

Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares

Ethena Labs announced the launch of its USDtb stablecoin, which will leverage BlackRock’s tokenized fund, USD Institutional Digital Liquidity Fund... Read more

Posted by cryptoslate.com 5 days ago

Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL

Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock’s USD Institutional... Read more

Posted by dailyhodl.com 5 days ago

Eliza Labs and Stanford University’s FDCI To Explore AI Agents Impact on Digital Currency Systems

December 16, 2024 – Palo Alto, California This partnership establishes the first AI x Web 3.0 lab at Stanford University’s... Read more

Posted by dailyhodl.com 5 days ago

Ethena Labs Launches Stablecoin Backed by Blackrock’s BUIDL Fund

Ethena Labs has introduced USDtb, a stablecoin that’s got the backing of Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). Ethena... Read more