Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On January 8, Compound’s token holders voted to add the stablecoin USDe and Mantle’s LST, mETH, as lending collateral to the decentralized finance (DeFi) protocol. This integration is the latest example of accelerated adoption of Ethena’s popular yielding stablecoin and Ether (ETH) LST. According to DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with total total value locked (TVL) of over $2.7 billion.“Discussions are ongoing to introduce and integrate cmETH into…
Author: Crypto Flexs
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In early 2024, Google’s AI tool, Gemini, caused controversy by generating pictures of racially diverse Nazis and other historical discrepancies. For many, the moment was a signal that AI was not going to be the ideologically neutral tool they’d hoped. Gemini’s safety team made Nazi Germany more inclusive. (X) Introduced to fix the very real problem of biased AI generating too many pictures of attractive white people — which are over-represented in training data — the over-correction highlighted how Google’s “trust and safety” team is pulling strings behind the scenes. And while the guardrails have become a little less obvious…
Key Takeaways:a16z launched the Crypto Startup Accelerator (CSX) in San Francisco in the spring of 2025.The program supports blockchain startups with $500,000 in funding, mentorship and networking opportunities.Applications for competitive cohorts are available through the a16z website until February 7th.Venture capital firm Andreessen Horowitz (a16z) has announced its Crypto Startup Accelerator (CSX) program, scheduled to open in San Francisco in spring 2025. Applications for CSX 04 cohort are available until February 7, 2025.Designed for early-stage startups leveraging blockchain technology, the Crypto Startup Accelerator program provides participants with funding, mentorship, and access to an extensive network of industry experts.Specifically, each approved…
The U.S. Department of Justice (DOJ) plans to auction $6.5 billion worth of Bitcoin (BTC) seized from Silk Road. This decision follows a court ruling on December 30, ending a long legal battle over ownership of BTC.The US Government Could Sell More BTC Than TrumpAs of January 9, the U.S. government held 198,000 BTC worth about $18.5 billion, according to data resource Arkham Intelligence. $6.5 billion is part of the same reserves.History of U.S. government Bitcoin balances. Source: Arkham Intelligence Some analysts are speculating that the outgoing Joe Biden administration may sell off all government-held Bitcoin in a politically motivated…
CoinDesk Indexes provides daily market updates, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.CoinDesk 20 is currently trading at 3298.7, down 2.2% (-74.23) since 4 PM ET on Wednesday.One in 20 assets is trading higher.Leaders: LTC (+1.9%) and POL (-0.3%).Laggards: RENDER (-5.1%) and ICP (-5.1%)CoinDesk 20 is a broad index traded on multiple platforms in multiple regions around the world.
Utrecht, Netherlands, January 9, 2025, Chainwire Nexera announced the launch of a layer 1 blockchain purpose-built to meet the needs of institutional on-chain capital markets. By embedding compliance, interoperability, and scalability at its core, Nexera Chain provides a comprehensive solution for real-world asset tokenization, bridging traditional and decentralized finance. This innovative blockchain integrates advanced AI-based tools for regulatory compliance, enabling automated Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), Anti-Money Laundering (AML), and Travel Rule enforcement. . Nexera Chain ensures that all participants and transactions comply with global regulatory standards, giving institutions the confidence to operate…
join us telegram A channel to stay up to date on breaking news coverage Strong economic data triggered significant declines across cryptocurrency markets, with Bitcoin falling below $97,000. Significant price declines in major cryptocurrencies led to the liquidation of over $483 million in long positions. Economic reports suggest that the Federal Reserve’s rate cut may be delayed, which could have a negative impact on investor sentiment. Stock markets reflected the slump in cryptocurrencies, with technology and AI-related stocks seeing particularly steep declines. The market correction has created cautious sentiment among investors considering the launch of new cryptocurrency tokens. As expectations…
A double bottom formation indicates a possible bullish reversal in Quant. Increasing network activity and reduced foreign exchange reserves strengthen optimism about a price recovery for QNT. Quant (QNT) Despite the recent decline in momentum, the price is showing encouraging signs of recovery, holding steady near key support levels. At press time, QNT was trading at $104.17, down 1.05% in 24 hours. The token formed a double bottom pattern at $102, indicating potential bullish momentum. However, the key challenge lies in breaking the resistance at $121.44 to solidify the bullish trend. Price movement and double bottom formation The chart shows…
Palo Alto, USA, January 9, 2025, Chainwire Story leverages the Stability AI open model to connect creators and developers and drive open source AI innovation. Story, the world’s leading intellectual property blockchain, announced that it has ushered in a new era of open source AI development using Stability AI’s cutting-edge model. Through this, contributors such as creators, developers, and artists can participate in the AI ecosystem. Story aims to use technology from Stability AI to solve the critical challenge of properly attributing, tracking, and monetizing creative work generated through AI. Story is focused on solving the lack of a clear…
According to cryptocurrency analytics firm Santiment, a decline in social media posts and overall sentiment for Dogecoin could signal a buying opportunity for traders.“Public sentiment has been near its lowest point over the past year,” Santiment said in a Jan. 9 report. The analytics firm gave Dogecoin (DOGE) a “Bearish” crowd sentiment rating of 1 out of 5. This is significantly lower than the 4 out of 5 scores of XRP (XRP) and Solana (SOL).Dogecoin’s social dominance chart. source: st tlyBeing bullish on DOGE during the “very quiet” period could pay off.However, Santiment said there is potential for a “good…