Author
571 posts
Bena Ilyas
Latest Articles
Ripple CEO Confirms Imminent US Dollar-Pegged Stablecoin Launch RLUSD
By Bena Ilyas
• 3 mins read
Ripple CEO Brad Garlinghouse stated Ripple has “no interest” in a US IPO, citing SEC’s challenging and inconsistent crypto regulation.
Arthur Hayes Doubts Fed Rate Cuts Will Lift Bitcoin amid Reverse Repo Shift
By Bena Ilyas
• 2 mins read
A more aggressive Fed rate cut could signal a more assertive monetary policy stance, potentially leading to a pronounced market response.
DeFi Fees Plunge 24% in August amid Declining Yield Strategies
By Bena Ilyas
• 2 mins read
DeFi protocols saw their fees drop to $288 million in August, marking a significant decline from July’s $381.45 million and a steep fall from March’s peak of $494.14 million.
OKX Singapore Secures Full Payment License, Appoints Ex-MAS Official as New CEO
By Bena Ilyas
• 2 mins read
In addition to its Major Payment Institution (MPI) license for OKX SG, OKX is expanding its services in Singapore by streamlining the connection to local banks for convenient deposits and withdrawals.
Ethereum Restaking Surge Driven by Lower Staking APRs
By Bena Ilyas
• 3 mins read
Artemiy Parshakov, Head of Staking at P2P.org, points out that increased network participation lowers individual staking rewards, which leads to anticipated reductions in APRs for traditional staking.
Binance and Bitget Tease Major Solana Collaboration: What to Expect from BNSOL and BGSOL?
By Bena Ilyas
• 3 mins read
Binance’s mysterious tweet “BNSOL” and Bitget’s “BGSOL” hint at new staking products with Solana.
Gary Gensler to Face Intense Scrutiny in September Over DeFi and SEC Oversight
By Bena Ilyas
• 3 mins read
The September hearings will not only scrutinize the current state of the crypto industry but could also reshape regulations, setting the future framework for digital asset management and oversight.
IREN Records $184M Bitcoin Mining Revenue, Doubles Mining Capacity in 2024
By Bena Ilyas
• 3 mins read
IREN aims to achieve a hashrate of 20 EH/s by September 2024 and 30 EH/s by year-end, driven by the acquisition of advanced Bitmain S21 XP miners.
DOGS Meme Coin Surges 25% Amid TON Blockchain’s Temporary Outage
By Bena Ilyas
• 3 mins read
DOGS’ airdrop of 440 billion tokens from a 550 billion total supply quickly captured user interest amid ton blockchain’s temporary outage.
TON Suffers Second Outage in Two Days, Now Back Online
By Bena Ilyas
• 3 mins read
At 7:19 PM UTC, TON experienced a second outage when block production halted due to a spike in transactions linked to the DOGS meme coin.