Tornado29

BNB backs USDe as Ethena Labs approves it under a new asset framework, strengthening stablecoin support and broadening collateral choices.

Ethena Labs has taken another step in growing its synthetic dollar, USDe. In an update shared by the project’s Risk Committee and reported by Ethena Labs, the team introduced the Eligible Asset Framework.

This new framework sets the rules for which assets can be used to back USDe, focusing first on the collateral tied to perpetual futures. In simple terms, it creates a clear system for choosing which tokens are safe and reliable enough to help support USDe’s value.
BNB Becomes the First Approved Token
The big headline is that BNB (Binance Coin) has become the first new asset approved under this framework. For Ethena, this is more than just adding another token—it’s about giving USDe a stronger and more flexible foundation.

BNB brings deep liquidity, a large user base, and strong market recognition. By adding it, Ethena moves beyond depending on a single type of collateral and gives users more confidence in USDe’s stability.
Why It Matters for USDe
The new framework is not just a checklist. It shows how Ethena plans to grow USDe in a safe and structured way. The team looks at factors such as liquidity, trading activity, and how stable an asset can be over the long run before approving it.

This kind of open process matters. Users want to know how decisions are made, especially when their trust in a stablecoin depends on what backs it. With the Eligible Asset Framework, Ethena offers more clarity while also proving it can adapt to changing market conditions.
Impact on Institutions and Retail Users
Adding BNB has value for both big players and everyday crypto users. Institutions may see USDe as more appealing now that it’s backed by a wider set of assets. At the same time, retail traders already active in the Binance ecosystem may find USDe easier to trust and adopt.

The move also reflects a bigger industry trend. More crypto projects are moving away from relying only on Bitcoin or Ethereum as collateral. Instead, they are broadening their support base to make stable assets more resilient.
What Comes Next
BNB is just the first step. Ethena has made it clear that more assets will be reviewed under this framework. As the market evolves, other tokens could also be added to USDe’s collateral pool.

For now, the decision highlights Ethena’s strategy: build trust by being transparent, reduce risks by diversifying collateral, and grow adoption by meeting both institutional and retail needs.
The addition of BNB gives USDe fresh momentum. What remains to be seen is which token Ethena will approve next, and how this expansion will shape the future of its synthetic dollar.
#BNBATH880
$BNB

A Bitcoin whale rotated another $113 million worth of Bitcoin into a $240 million spot Ether position after closing part of a previous Ether perpetual long worth almost $300 million.

The Bitcoin whale sold $76 million worth of Bitcoin
BTC
$113,222
and opened a $295 million perpetual futures long position on Ether
ETH
$4,279
, Cointelegraph reported earlier Thursday.

The mysterious whale closed part of his perpetual futures positions and deposited another 1,000 BTC worth $113 million on the decentralized exchange Hyperliquid, most of which was sold to enter the long spot Ether position.

The whale held 55,700 spot Ether worth over $240 million, and another 300 BTC worth $34 million in his Hyperliquid balance, according to pseudonymous onchain analyst MLM, who added that there was another $167 million worth of Bitcoin in his main wallet, which would “likely be sent to Hyperliquid.”
#whalemovement
$BTC

Bitcoin is once again at the center of U.S. politics. Gemini co-founders Cameron and Tyler Winklevoss donated 188 BTC, valued at $21 million, to the Digital Freedom Fund PAC. Their goal: strengthen President Donald Trump’s pro-crypto policies ahead of the 2026 midterm elections.

This isn’t their first move. The twins had already contributed $5 million to the Fairshake PAC and $2 million in Bitcoin to Trump’s 2024 campaign. Even more symbolic, the $21 million figure reflects Bitcoin’s capped supply of 21 million coins.
The donation has been well received in Washington. The brothers have joined White House crypto events, while Trump himself praised their efforts to make the U.S. a blockchain innovation hub. Analysts see such political capital as a confidence boost for Bitcoin’s long-term adoption.
#HEMIBinanceTGE
$BTC

Adesea auzim o expresie populară că averile se fac în vremuri de criză. Este adevărat? Și putem face o avere în aceste vremuri? Momentan trăim o criză și războaie care ar putea devastat piețele financiare și afecta multe companii și monede digitale. Am auzit mulți oameni spunând că în timpul declinului din timpul pandemiei de coronavirus, au obținut profituri și au profitat de oportunitate. De exemplu, care a fost prețul Bitcoin în 2022? În 2022, prețurile au scăzut din cauza presiunilor reglementare și economice. Care a fost prețul Bitcoin în 2022?

Here’s what happened in crypto today.
SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court falling
The SEC is pulling out of yet another crypto case, filing to dismiss its ongoing litigation against Binance and founder Changpeng Zhao.
The Securities and Exchange Commission on Thursday filed to have its long-running lawsuit against crypto exchange Binance and its founder dropped, a court filing shows.

Wall Street's biggest regulator in 2023 alleged that Binance, its boss Changpeng "CZ" Zhao, and U.S.-based sister company Binance.US offered the sale of unregistered securities, failed to block U.S. users from accessing the main exchange, and commingled customer funds through a "web of deceit."
The SEC's chair at the time, Gary Gensler, alleged in the original lawsuit that Binance "attempted to evade U.S. securities laws by announcing sham controls that they disregarded behind the scenes" in a bid to keep big American investors using the platform.

Binance's CCO at the time was alleged in the lawsuit to have told another Binance compliance officer in December 2018: "We are operating as a fking [sic] unlicensed securities exchange in the USA bro."

"The dismissal of the SEC’s case against Binance is a landmark moment," a Binance spokesperson told Decrypt. "We’re deeply grateful to Chairman Paul Atkins and the Trump administration for recognizing that innovation can’t thrive under regulation by enforcement. The U.S. is back—leading from the front in the future of blockchain.”

The lawsuit is the latest under the aggressively pro-crypto Trump administration to be scrapped.

Under the President Biden-appointed Gensler, the regulator went hard after the crypto industry from 2021-2024. The SEC's main gripe with crypto companies was that they were allegedly selling unregistered securities in the form of digital tokens.

During Gensler's reign, the SEC sued Binance, Kraken, Coinbase, and many other companies in the space.
But since President Trump returned to office, the regulator has adopted a softer approach to the industry, dropping a number of high-profile lawsuits and probes.

President Trump campaigned on a ticket to help the crypto industry and received backing from tech and digital asset business bigwigs—including companies sued by the SEC.

"We are pleased that the SEC fully dismissed its charges against Binance.US, confirming what we have always known—that the company did not violate U.S. securities laws," Binance.US said in a statement shared with Decrypt. "Today’s news is a major milestone for our company, as putting this matter to rest allows us to focus entirely on growing our business and work on restoring our relationships that were impacted by the SEC."
$BNB
#Bitcoin2025

Donald Trump îi spune lui Jay Powell că Fed face o ‘eroare’ prin neîndepărtarea ratelor dobânzii în SUA
Președintele băncii centrale se întâlnește cu președintele la Casa Albă pentru a discuta așteptările economice.
Discuțiile dintre Donald Trump, stânga, și Jay Powell urmează presiunii din partea președintelui SUA asupra președintelui Fed de a reduce ratele dobânzilor © Carlos Barria/Reuters.
Donald Trump i-a spus șefului Rezervei Federale că face o “eroare” prin neîndepărtarea politicii monetare în SUA, în prima lor întâlnire din cel de-al doilea mandat al lui Trump.

Senator Lummis Proposes U.S. Bitcoin Reserve at BTC 2025

What to Know:
Lummis proposes U.S. Bitcoin reserve at Bitcoin 2025.
Plan to acquire 1 million Bitcoin in five years.
Potential major impact on global Bitcoin supply.
Senator Lummis Proposes U.S. Bitcoin Reserve at BTC 2025.

Senator Cynthia Lummis advocated for a strategic U.S. Bitcoin reserve at Bitcoin 2025 in Las Vegas, emphasizing its economic significance.

The proposal could reshape U.S. cryptocurrency policy and influence global Bitcoin supply and market trends.

Lummis Introduces BITCOIN Act of 2025
Senator Cynthia Lummis introduced the BITCOIN Act of 2025, calling for the creation of a strategic U.S. Bitcoin reserve. This initiative was unveiled at the Bitcoin 2025 conference, highlighting its potential to bolster the national economy.
The proposal, endorsed by former President Trump, suggests acquiring up to 1 million Bitcoin over five years. Lummis and political figures like Senators Justice and Blackburn are key supporters of this strategy.
Bitcoin Reserve's Market Impact Explored
Establishing a Bitcoin reserve could significantly impact the market by reducing available Bitcoin supply. The proposal highlights the growing institutional acceptance of Bitcoin as a strategic asset.
Lummis indicated that the reserve could also serve as a hedge against economic issues, including the nation's $36 trillion debt. The plan receives support from military leaders recognizing Bitcoin's potential in economic strength. In her statement, Senator Lummis emphasized: "U.S. military generals are strong advocates for establishing a strategic Bitcoin reserve because they recognize economic strength as being equally important as military power."
U.S. Seizes Opportunity Post-China Crypto Ban
China's Bitcoin mining ban has been positioned as an opportunity for the U.S., suggesting a shift in global crypto leadership. Lummis's proposal builds on earlier legislative efforts from 2024.
Experts predict the plan could lead to economic diversification and competition with other nations. Historical parallels suggest strategic reserves may bolster national economic resilience.
$BTC
#Bitcoin2025

What Exactly is Happening with Bergen County Blockchain?
Bergen County has partnered with Balcony, a firm specializing in land records on the blockchain. The ambitious plan is to migrate 370,000 property deeds onto the Avalanche blockchain network. To put that into perspective, these deeds represent a staggering $240 billion worth of real estate. This move, as reported by CoinDesk, positions Bergen County as a potential leader in integrating distributed ledger technology into government functions.
This project aims to take traditional paper or centralized digital records and place them onto an immutable, transparent, and secure ledger. It’s a step that could have far-reaching implications for property ownership and management in the region.

Why Move Property Deeds to the Blockchain?
The traditional system for managing property deeds and land records can be complex, slow, and prone to errors or potential fraud. Think about the lengthy process of buying or selling a home, involving title searches, escrow, and significant paperwork. By moving property deeds blockchain, Bergen County is looking to leverage the inherent advantages of this technology:
Enhanced Security: Blockchain records are cryptographically secured and extremely difficult to alter once entered. This provides a high level of integrity for official documents like property deeds.
Increased Transparency: While specific personal data might be kept off-chain or encrypted, the transaction history and the existence of a deed can be publicly verifiable on the blockchain ledger (depending on the specific implementation).
Improved Efficiency: Automating certain processes related to record-keeping and verification could significantly speed up transactions and reduce administrative overhead for the county and residents.
Reduced Fraud: The immutable nature of blockchain makes it much harder to forge or tamper with property records.
This initiative represents a forward-thinking approach to modernizing essential government services and potentially setting a precedent for other municipalities.

How Does Real Estate Blockchain Work in Practice?
Putting real estate blockchain isn’t about owning your house with an NFT (at least, not yet!). In this context, it’s about using the blockchain as a secure, shared database for official records. Here’s a simplified view:
When a property transaction occurs (sale, transfer, mortgage), the official deed information is digitized.
This digital record (or a unique identifier/hash of the record) is then securely anchored onto the blockchain ledger via Balcony’s platform.
Each entry is timestamped and linked to the previous one, creating an unbroken, verifiable chain.
Anyone with access to the network can verify the existence and history of the record without needing to trust a single central authority (though the county remains the official source).
The choice of the Avalanche blockchain is also notable. Avalanche is known for its speed, scalability, and relatively low transaction costs compared to some other networks, making it a suitable choice for handling a large volume of records and potential future activity.
What Are the Potential Benefits for Residents and the County?
This move isn’t just a technical upgrade; it has practical benefits:

For Residents: Potentially faster and more transparent property transactions. Increased confidence in the security and accuracy of official property records.
For Bergen County: Streamlined administrative processes, reduced costs associated with managing physical or legacy digital records, enhanced security against data breaches or tampering, and improved public access to non-sensitive record information.
For the Real Estate Industry: Could pave the way for faster title searches, more efficient closing processes, and potentially new ways of managing property-related data.
This project serves as a tangible example of how blockchain technology can move beyond cryptocurrency speculation and be applied to real-world governmental and administrative functions.

Are There Challenges to Implementing Property Deeds on Blockchain?
While the benefits are clear, transitioning to a property deeds blockchain system isn’t without its hurdles:
Legal Framework: Does state law recognize a blockchain record as the official, legal deed? This often requires updates to existing statutes.
Integration Complexity: Connecting the new blockchain system with existing county databases and workflows can be technically challenging.
Data Privacy: Ensuring sensitive personal information is handled according to privacy regulations while still leveraging the transparency of blockchain.
Adoption and Education: County staff, real estate professionals, and the public need to understand how the new system works.
Long-term Maintenance: Ensuring the blockchain infrastructure remains secure and accessible for decades to come.
Bergen County and Balcony will need to navigate these challenges carefully to ensure a successful and compliant implementation.

What Does This Mean for the Future of Real Estate and Government Records?
The Bergen County initiative could be a significant case study. If successful, it could inspire other counties and states to explore similar applications of real estate blockchain. Imagine a future where property records across the country are easily verifiable and securely stored on distributed ledgers, drastically simplifying interstate transactions and reducing administrative burdens.
This project highlights a growing trend: governments exploring blockchain for various uses, from supply chain tracking to digital identity and now, land records. The choice of the Avalanche blockchain for such a large-scale governmental use case also underscores the increasing maturity and adoption of specific blockchain networks for enterprise and public sector applications.

Conclusion: A Bold Step Forward
Bergen County’s decision to place 370,000 property deeds representing $240 billion onto the Avalanche blockchain is a bold and potentially transformative step. It demonstrates a willingness to embrace innovative blockchain technology to improve efficiency, security, and transparency in a critical government function. While challenges remain, the potential benefits for residents, the county, and the broader real estate sector are substantial. This project is a compelling example of how blockchain can move from theoretical potential to practical application in the public sector, setting a precedent for the future of digital record-keeping.
$AVAX
#BinanceHODLerSOPH