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View More NewsStablecoinX appointed former Franklin Templeton digital asset executive Christopher Jensen as CEO, putting him in charge of the largest corporate holder of Ethena’s ENA token.Jensen succeeds Ted Chen, who led StablecoinX through its public listing in June and will remain chairman of the company’s board.StablecoinX, which trades on Nasdaq under the ticker USDE, is a publicly listed company focused on the Ethena ecosystem. Ethena issues USDe, a synthetic dollar that ranks as the fifth-largest stablecoin with nearly $4.4 billion in circulation, according to DefiLlama data. ENA, Ethena’s governance token, gives holders voting rights over changes to the protocol.StablecoinX holds about…
In brief Cronos says it reversed approximately $111.2 million tied to the Tectonic exploit by rolling back its blockchain. The intervention discarded 1 hour 54 minutes of transactions, including activity unrelated to the attack. Approximately $9.19 million left the network before validators halted it and remains unrecovered. Cronos, a blockchain network backed by Crypto.com, erased nearly two hours of transaction history to reverse approximately $111.2 million tied to an exploit of lending protocol Tectonic, according to a network post-mortem on Monday.According to the developers behind Cronos, validators reversed completed transactions to protect roughly 92% of affected funds still on the…
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My latest installment at SCOTUSBlog proposes a number of six-member rules: a super-majority should be able to achieve certain substantive ends. Here is a summary: With the Deep-6, six members of the court could vote to deny a petition immediately…
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What follows is an excerpt from Advocacy in Literary Studies, a report published earlier this month under the auspices of the Vanderbilt–WashU Commission on the State of Scholarship in the Humanities and Humanistic Social Sciences. Its Report on the State of Scholarship in the Humanities and the Humanistic Social Sciences was published in April and excerpted in Quillette.Mathematicians and physicists typically do not instruct students in the history of their disciplines. What is old is outdated. That is not true of great literature. As nineteenth-century British essayist William Hazlitt pointed out in his essay Why the Arts Are Not Progressive?,…
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Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock.Strategy repurchased 1.8…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
Data tracked by lending platform Curve data tracked 704 soft-liquidation instances lasting a median 14.5 days, showing how some DeFi loans can survive for…
Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027.The transaction will also require customary closing…
I was 22 when my grandmother forgot me. It took her 12 years to die from Alzheimer’s. It started with little things, like where…
U.S. prosecutors have become increasingly aggressive in freezing digital assets believed to be traceable to illicit activities such as money laundering, “pig butchering” schemes,…
Morgan Stanley has rolled out a cryptocurrency trading pilot on its E*Trade platform, charging lower basic retail fees than some of the largest US…
In brief 21shares launched the Strategy Yield ETN (STRC) on the London Stock Exchange, providing U.K. investors access to Strategy’s preferred shares. The ETN…
The federal SECURE Data Act is not a serious consumer privacy bill, and its provisions—if enacted—would be a retreat from already insufficient state protections.…
Men are spiking women’s drinks with abortion pills and it’s the U.S. Food and Drug Administration’s fault. At least that’s Louisiana’s contention in a…
Executives from Intercontinental Exchange (ICE), OKX and Securitize warned that synthetic tokenized stocks are creating market and retail risks, as ICE moves ahead with…
