Cryptocurrency project Ethena has now raised $100 million to fund the launch of a similar token for the traditional Financial Institution Group. According to a person familiar with the matter, the financing, which was not previously reported, was completed in December and attracted investors including Franklin Templeton and F-Prime Capital, a venture capital firm owned by Fidelity Investments.
On February 24th, this week (February 24th - February 28th), a total of 25 funds were issued, and index funds became the main force of issuance. Among them, there were 15 passive index fund products, which were the product types with the largest number of public offerings. In addition, there were 4 partial-stock mixed funds, etc. The reporter noticed that in this week's new fund, some products were led by investment director-level figures of various fund companies. As the "main force" of passive...
On February 24th, Christian, the founder of Infini, said in the community that the current withdrawal is normal, and the personal funds are advanced first.
The market shows that HNT has broken through $3.95 and is now quoted at $3.87, with a 24-hour increase of 8.0%. The market fluctuates greatly. Please do a good job in risk control.
According to DefiLlama data, the current crypto market value of stablecoins reached 2265.11 billion US dollars, an increase of 1.214 billion US dollars in the past 7 days, an increase of 0.54% month-on-month, of which USDT market value accounted for 63.11%.
The market shows that BNB has broken through $670 and is now quoted at $670.1, with a 24-hour increase of 3.64%. The market is volatile, so please do a good job in risk control.
According to Ember Monitoring, there are currently 5 institutions and individuals providing borrowing support to Bybit, totaling about 120,000 ETH, worth about 321 million US dollars. Specifically include: Bitget offers 40,000 ETH (about $106 million); 11,800 ETH (approximately $31.02 million) from institutions or whales withdrawing money from Binance; MEXC provided 12,652 stETH (approximately $33.75 million). Binance or another institution/whale withdrawing money from Binance 36,000 ETH (approx...
Spot silver fell 1.00% during the day and is now trading at $32.61 an ounce.
U.S. stocks continued to decline, with all three major indexes down more than 1%. So far, the Nasdaq is down 1.35%, the Dow is down 1.28%, and the S & P 500 is down 1.06%. Tesla is down more than 4%, and Google and Amazon are down more than 2%.
Ethena Labs posted, "We are aware of the current situation at Bybit and will continue to monitor developments. A reminder: All USDe-backed spot assets are held in OTC custody solutions, including ByBit through Copper Clearloop, for precisely this reason. No exchange (including Bybit) holds a dollar of spot-backed value. Currently, the total unrealized gain and loss associated with Bybit's hedged positions is less than $30 million, less than half of the reserves. Currently, USDe's collateral rati...