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 […]