Browsing: Backed Finance

Latest Backed Finance news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.

11 Mins Read2 hours ago

Kraken Acquisition of Backed Finance: A Game Changer

YieldBasis Fee Conversion: Benefits for veYB Holders

2 minutes ago

YieldBasis fee conversion is a significant advancement in how the platform handles its revenue distribution.Recently announced on platform X, this innovative mechanism aims to distribute a substantial amount of 17.13 BTC, equivalent to approximately $1.578 million, directly to veYB holders.

Ethena Labs Whale Movement: 46.79 Million ENA Received

18 minutes ago

Ethena Labs Whale Movement has become a hot topic in the crypto community, especially after recent developments tracking significant whale crypto transactions.According to OnchainLens, a whale linked to Ethena Labs has received an impressive 46.79 million ENA from Bybit, amounting to roughly 12.78 million dollars.

Stablecoins: Are They Becoming the Next Banking System?

22 minutes ago

Stablecoins represent an innovative evolution in the cryptocurrency landscape, designed to provide stability in an otherwise volatile market.These digital assets are pegged to traditional currencies or commodities, enabling them to maintain a stable value, which makes them an attractive option for both peer-to-peer payments and decentralized finance (DeFi).

Sam Bankman-Fried Praises Trump’s Clemency for Hernández

31 minutes ago

Sam Bankman-Fried, the former CEO of FTX, recently stirred conversation on social media by praising former President Donald Trump’s decision to grant clemency to Juan Orlando Hernández, the ex-President of Honduras.As Bankman-Fried, often referred to by his initials SBF, navigates his own legal challenges while serving a 25-year sentence for fraud and conspiracy, these supportive comments have raised eyebrows.

WET Humidifi Launch on December 3rd: What to Expect

38 minutes ago

The highly anticipated WET Humidifi launch is set for December 3rd, making waves in the home appliance market.Available exclusively on Jupiter DTF, this innovative humidifier release is poised to enhance indoor air quality for many households.