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MakerDAO proposes allocating $600 million worth of DAI into USDe and sUSDe
MakerDAO proposes allocating $600 million worth of DAI into USDe and sUSDe

MakerDAO is considering allocating $600 million worth of its stablecoin DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol Morpho Labs. The move would put Ethena total value locked growth “on track with internal expectations,” according to Ethena’s head of growth, Seraphim Czecker.

The Block·2024/04/01 21:37
The Restaking Ecosystem and what comes next
The Restaking Ecosystem and what comes next

Superscrypt·2024/04/01 20:16
QCP Capital Market Update – 1 Apr 24
QCP Capital Market Update – 1 Apr 24

QCP Capital·2024/04/01 16:31
Global crypto funds rebound with nearly $900 million in net inflows last week
Global crypto funds rebound with nearly $900 million in net inflows last week

A week after crypto-based investment products registered record outflows of nearly $1 billion, the financial instruments rebounded significantly with roughly $900 million in net inflows, according to CoinShares.

The Block·2024/04/01 15:47
Web3 infrastructure firm Xion secures $25 million in funding
Web3 infrastructure firm Xion secures $25 million in funding

The web3 infrastructure firm Xion raised $25 million in funding. Animoca Brands, Laser Digital, Multicoin, Arrington Capital, Draper Dragon, Sfermion, GoldenTree and others participated in the round.

The Block·2024/04/01 15:37
Flash
21:25
Kentucky takes action against prediction markets, conflicting with the Trump campaign's position
Kentucky has taken action against prediction markets. Former U.S. President Trump believes that states do not have the authority to interfere with companies like Kalshi and Polymarket, but Kentucky has acted contrary to this view.
21:23
Iran and the United States sign memorandum of understanding, confirming the collection of service fees for the Strait of Hormuz
Iran stated it has signed a memorandum of understanding with the United States, confirming that Iran will receive compensation for providing services to ships passing through the Strait of Hormuz. (Watcher.Guru)
21:16
According to filings submitted to the U.S. Securities and Exchange Commission (SEC), AES Indiana, a subsidiary of AES Corp, plans to implement a new rate adjustment in two phases.
The first phase of rates will take effect in July 2026, while the second phase is scheduled to begin in January 2027. The document clarifies the future rate adjustment path for utility companies, providing a clear timeline for the regulatory process and potential changes in user costs. The phased implementation approach may be intended to balance the need for infrastructure investment with the gradual impact on user bills. This move reflects the utility industry's prudent management of long-term financial planning and rate structures as it addresses energy transition, grid modernization, and regulatory requirements.
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