Blockchain News

🚨 Korea’s Alarming Crypto Crackdown: Financial Regulator Blocks 14 Unregistered Apps on Apple Store

Hold onto your digital wallets, crypto enthusiasts in South Korea! The regulatory landscape is heating up as the Financial Intelligence Unit (FIU), under the watchful eye of South Korea’s Financial Services Commission (FSC), takes decisive action. In a move that sends ripples through the crypto sphere, Korean crypto regulation is tightening its grip, targeting unregistered […]

Blockchain News

Strategic MEXC Investment: $36M Powering Ethena and USDe Stablecoin Revolution

In a bold move signaling robust confidence in the decentralized finance (DeFi) sector, MEXC Ventures, the investment division of the well-known crypto exchange MEXC, has just announced a significant $36 million investment. This substantial capital injection is directed towards Ethena (ENA) and its innovative USDe stablecoin, as reported by CoinDesk. A considerable $16 million is […]

Blockchain News

Power Move: MEXC’s $36 Million Investment Ignites Ethena Stablecoin Revolution

Get ready for a seismic shift in the stablecoin landscape! Leading cryptocurrency exchange MEXC has just dropped a bombshell, injecting a massive $36 million into Ethena, a rising star in the decentralized finance (DeFi) space. This isn’t just pocket change; it’s a powerful declaration of faith in Ethena’s vision for the future of stablecoins, particularly […]

Ethereum News

Bybit’s Massive 47.8K ETH Loan Repayment: A Positive Sign for Crypto?

In a significant move that has caught the attention of the crypto community, Bybit exchange has demonstrated financial strength by repaying a substantial ETH loan. According to crypto intelligence platform @EmberCN, Bybit has successfully repaid 47,800 ETH, valued at approximately $113.97 million, to a lender linked to Binance. This development unfolds amidst broader discussions about […]