Coinbase Ventures Targets RWAs, DeFi and AI Innovation

Coinbase Ventures Targets RWAs, DeFi and AI Innovation

Back to News Coinbase​‍​‌‍​‍‌ Ventures, the investment division of the leading cryptocurrency exchange Coinbase, has announced a major strategic shift in its investment priorities for the coming year. The firm intends to concentrate its efforts on real-world asset tokenization, decentralized finance innovation, and supporting the advancement of artificial intelligence infrastructure throughout the digital ecosystem. In […]

Texas Invests $5M in BlackRock Bitcoin ETF, Eyes Self-Custody

News on Texas Invests $5M in BlackRock Bitcoin ETF, Eyes Self-Custody

Back to News The Texas state government has made a bold move to embrace digital assets by committing $5 million to BlackRock’s spot Bitcoin ETF, marking a significant point in its changing way of dealing with cryptocurrency. The money put into the ETF represents the first stage of a more extensive $10 million plan that […]

Ethena’s USDe TVL Falls Over 50% as Leverage Unwinds Across DeFi

Ethena’s USDe TVL Falls Over 50% as Leverage Unwinds Across DeFi

Back to News Ethena’s artificial stablecoin USDe, has seen its total value locked drastically dropped in half, from $14.8 billion in October to $7.6 billion, despite the onchain usage continuing to grow. This more than 50% decrease is indicative of the fast dismantling of the accounts that were highly leveraged in decentralized finance markets, mainly […]

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