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Ethereum L2 MegaETH introduces yield-bearing stablecoin to fund protocol
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees. News COINTELEGRAPH IN YOUR SOCIAL FEED MegaETH, an Ethereum layer-2 protocol backed by Vitalik Buterin, announced the upcoming launch of a yield-bearing stablecoin that might give it a different business model than traditional L2s, which...
Ethereum sees significant outflows as Solana and XRP shine amid $352M outflow
Investment activity in crypto funds slowed sharply for the week ending Sept. 6, with total outflows reaching $352 million despite US economic indicators pointing toward conditions that usually encourage risk-taking, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, said weaker employment numbers and growing expectations for a Federal Reserve rate cut...
Ethereum: Analysts Eye $4,500 Breakout As It Consolidates (ETH-USD)
Ethereum trades near $4,314, consolidating after weeks of compressed price action.
