Ethena Founder Says USDe Depeg Due to Binance Oracle Issue

The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or the token itself, according to Guy Young, the founder of Ethena Labs, the creator of USDe. USDe minting and redeeming worked “perfectly” during Friday’s flash crash, he claimed;…

Ethereum DATs Are The Next Berkshire Hathaway: Joe Lubin

Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin says Ethereum treasury companies can provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury…

Put Equity Lending Onchain, Or Get Out Of The Way

Opinion by: Hedy Wang, co-founder and CEO at Block Street Equity markets are still running on outdated rails — batch files, email reconciliations and sluggish collateral transfers that crawl between custodians through workflows that no one fully controls.  If the industry wants to maintain credibility, it can no longer tolerate this. The answer is not…

Why Did Some Altcoins on Binance Crash to Zero?

Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion…

Why Did Some Altcoins on Binance Crash to Zero?

Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion…

Bitcoin Primed for Short Squeeze as Weekly Close Nears

Key points: Bitcoin market analysis sees a squeeze toward $114,000 in time for the weekly close. Traders favor a BTC price rebound into next week. The Bitcoin bull market uptrend can remain intact despite the $19 billion liquidation cascade. Bitcoin (BTC) centered on $112,000 into Sunday’s weekly candle close as traders hoped for a BTC…

Put Equity Lending Onchain, Or Get Out Of The Way

Opinion by: Hedy Wang, co-founder and CEO at Block Street Equity markets are still running on outdated rails — batch files, email reconciliations and sluggish collateral transfers that crawl between custodians through workflows that no one fully controls.  If the industry wants to maintain credibility, it can no longer tolerate this. The answer is not…

ETH Down Only 6.7% Following Friday’s Crypto Market Crash

Ether (ETH), the native cryptocurrency of the layer-1 Ethereum blockchain network, is down about 6.7% in the past 24 hours, following Friday’s market crash, showing greater price resilience than many altcoins, which crashed by over 95% in some cases. The market crash sparked by US President Donald Trump’s tariff announcement took the price of ETH…

Investigation Links 100K BTC Hyperliquid Whale to Former BitForex CEO

An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a fraud scandal. In a Saturday post on X, the onchain sleuth noted that the whale’s main wallet, ereignis.eth, was connected to another ENS…

DOGE Price Eyes 160% Rally to $0.65 as RSI Sends Bullish Signal

Key takeaways: DOGE price previously rallied 445% from an RSI bullish cross that’s again in play. A possible breakout from an ascending triangle targets $0.65 in the days ahead. Bullish analysts say DOGE price can reach $1 for the first time in the next few months. Dogecoin’s (DOGE) relative strength index (RSI) produced a bullish…