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KRWQ launches as first Korean won stablecoin on Base

KRWQ launches as first Korean won stablecoin on Base

IQ, in partnership with Frax, announced Thursday that it has launched KRWQ, a stablecoin pegged to the South Korean won (KRW).The two companies said in a press release that it is the first Korean won-pegged stablecoin on Coinbase's Ethereum Layer 2 Base, as they launched a KRWQ-USDC pair on Aerodrom…

180 Life Sciences Announce an Upsized $425 Million Private Placement to Establish an Ether Treasury Reserve Led by Consortium of Digital Asset Leaders to Launch ETHZilla

180 Life Sciences Announce an Upsized $425 Million Private Placement to Establish an Ether Treasury Reserve Led by Consortium of Digital Asset Leaders to Launch ETHZilla

180 Life Sciences announces entry into PIPE funding documents to raise $425 million in gross proceeds to launch next generation Ethereum treasury strategy and planned rebranding to ETHZillaPALO ALTO, Calif., July 29, 2025 /PRNewswire/ — 180 Life Sciences Corp. (the "Company" or "180 Life Sciences")…

Top Crypto News This Week: Solana ETF Deadline, Bitcoin Strategy Summit, MOVE Mainnet Launch, and More

Top Crypto News This Week: Solana ETF Deadline, Bitcoin Strategy Summit, MOVE Mainnet Launch, and More

This week in crypto, several big news are in the pipeline, capable of influencing the portfolios of respective ecosystem participants.From key deadlines and network developments to crucial summits and launches, traders and investors have the following headlines to watch.Next Solana ETF DeadlineThe n…

Frax community discusses proposal to invest $5 million in Trump-backed WLFI token

Frax community discusses proposal to invest $5 million in Trump-backed WLFI token

A contributor to the decentralized stablecoin protocol, Frax Finance, submitted a governance proposal to invest $5 million in the native token of World Liberty Financial, the DeFi project associated with U.S. President Donald Trump, to ā€œposition Frax as part of WLFI’s ecosystem.ā€The proposal also su…

Ethena plans major expansion with Telegram payments and institution-focused iUSDe token in bid to become a ā€˜neobank’

Ethena plans major expansion with Telegram payments and institution-focused iUSDe token in bid to become a ā€˜neobank’

Synthetic stablecoin protocol Ethena is looking to become a ā€œneobankā€ — a traditional financial institution operating entirely online — according to an announcement on Friday. The protocol, launched in early 2024, manages the third-largest U.S. dollar-pegged stablecoin, USDe. With a market capitaliz…

Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL

Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six days of voting, the tokenized fund provides poten…