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Latest from Parikshit Mishra
Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.

U.S. Will Appeal Do Kwon's Extradition to South Korea: Justice Department
On Thursday, Kwon's attorney Goran Rodic told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea.

Solana Meme Coin Dogwifhat Surges 48% to Record, Beats BONK, DOGE to $2
Some meme coins are surging in anticipation of more exchange listings in the coming months.

Bitcoin Rebounds as $150K Target for 2024 Comes in View
Crypto markets slid as much as 10% in the past 24 hours, but have quickly been bought up by bulls.

Binance.US Slashed Two-Thirds of Its Workforce as Revenue Plunged After SEC Lawsuit: Court Transcript
"The allegations of the SEC severely undermined institutional trust in our platform," Binance.US executive Christopher Blodgett said during a deposition.

Crypto Funding Rates Reset After Bitcoin's Sharp Pullback From $69K
The market-wide resetting of funding rates means potential for a more long-lasting move to record highs in bitcoin.

Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila's self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview.

Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.

Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial
Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.
