InnovativeFinance

Ethena's ENA Crypto Project Secures $100 Million for Bold Expansion in Finance Sector

1 month ago

In a significant move for the cryptocurrency landscape, Ethena's ENA project has successfully raised a staggering $100 million. This funding round aims to facilitate the project's ambitious foray into the financial services industry, marking a new era in mainstream crypto adoption. The raise not only reflects growing investor confidence in decentralized finance (DeFi) initiatives but also positions Ethena as a serious player in a highly competitive market.

Tether Proposes Use of USDT for Turkey's Borate Mining Sector

6 months ago

In a significant move aimed at enhancing the Turkish borate mining industry, Tether, the company behind the widely used stablecoin USDT, has reached out to the Turkish government with a proposal. The request encourages the nation to consider integrating the digital token into its mineral extraction and trade processes, particularly focusing on borate minerals, which are essential in a variety of industries, including glass manufacturing, ceramics, and agriculture.