Ethena, the team behind the USDe synthetic dollar protocol, has withdrawn its bid to issue Hyperliquid’s USDH stablecoin, conceding to concerns raised in direct discussions with community members and validators
In a X statement Thursday, the Ethena team acknowledged pushback over not being a Hyper

Crypto often makes mainstream headlines for the wrong reasons, but beneath the surface lies a story of innovation, resilience and a community working to build a safer financial future.
This week’s episode of the Clear Crypto Podcast, brought to you by StarkWare and Cointelegraph, takes a hard

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Key takeaways:
A classic BTC price chart pattern puts $170,000-$360,000 in play this cycle.
Spot Bitcoin ETFs post the biggest inflows in two months as institutional demand rebounds.

Bitcoin (BTC) price action has painted two inverse head-and-shoulders patterns on the weekly time frame,

Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative.
The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the

Sui-based yield trading protocol Nemo lost about $2.59 million due to a known vulnerability introduced by non-audited code being deployed, according to the project.
According to Nemo’s post-mortem analysis of the Sept. 7 hack, a flaw in a function intended to reduce slippage allowed the attacker to

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Latin America’s developer community is increasingly focused on building within established blockchain ecosystems like Ethereum and Polygon rather than launching new base-layer protocols, according to a report by consultancy firm Sherlock Communications.
The study, which included qualitative

Real-world asset tokenization platform OpenEden and crypto infrastructure provider BitGo have entered the competition to issue Hyperliquid’s planned native stablecoin, USDH, bringing the number of contenders to eight.
Hyperliquid validators will start voting for the USDH proposal from Thursday and

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Goldman Sachs CEO David Solomon has shot down the notion that the US Federal Reserve will cut interest rates by 50 basis points in September, just days after Standard Chartered Bank made the aggressive forecast.
“Whether or not we have a 50 basis cut, I don’t think that’s probably on the cards,” So

Blockchain tech firm BitMine Immersion Technologies has added to its massive Ether holdings for the second time this week, buying $200 million worth from digital asset trust Bitgo
Blockchain data reviewed by Lookonchain shows BitMine purchased 46,255 Ether (ETH) across three transactions with Bitg

A new thesis that argues that most crypto value today is captured in apps, rather than blockchains, is gaining popularity with the rise of Hyperliquid and could shift investor behavior over the next few months, a crypto executive says.
“All the cool kids are talking about the ‘fat app’ thesis.

Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week.
It followed a similar uptick in downloads in Indonesia last week after corruption-related prote

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