Updated 01:25 AM UTC
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SHENShen

$0.0799
$0.002
(2.52%)
Today
Vol4,301.97
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Ant Group robotics unit Lingbo opens its first funding round, targets 1.5 billion yuan
Ant Group’s (HK: 6688) Lingbo Technologies recently started its first external funding round, aiming to raise 1.5 billion yuan ($206 million). The company intends to hold a second funding round before the end of 2026, which would make it the fastest funding round of any startup i...
Cryptopolitan
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Beijing Retaliates: MP Materials and USA Rare Earth Face Chinese Export Restrictions
China restricts exports to MP Materials and USA Rare Earth among 10 U.S. firms in retaliation for Pentagon's 1260H blacklist including Alibaba and BYD. The post Beijing Retaliates: MP Materials and USA Rare Earth Face Chinese Export Restrictions appeared first on Blockonomi.
Blockonomi
Coinbase Lets Users Borrow Up to $100,000 Against SOL
How Is Coinbase Expanding Its Onchain Lending Business? Coinbase has added Solana support to its crypto-backed lending product, allowing users to borrow up to $100,000 against their SOL holdings through the exchange’s Morpho integration on Base. The feature extends Coinbase’s exi...
Finance Feeds
China urges banks to adopt blockchain for tax data sharing and credit access
China’s regulators are pushing for banks to upgrade the “bank-tax interaction” model in a bid to expand financing for small businesses. According to a policy notice issued by the State Administration of Taxation and the National Financial Regulatory Administration, banks…
crypto.news
US charges Maryland man in $54M Uranium Finance exploit case
U.S. prosecutors have moved forward with charges against a Maryland resident accused of carrying out two exploits that drained more than $54 million from the decentralized finance platform Uranium Finance. Court filings unsealed by the U.S. Attorney’s Office for the…
crypto.news
Ripple joins Singapore sandbox, Bhutan’s big Bitcoin selloff: Asia Express
Ripple joins Singapore’s BLOOM cross-border trade finance sandbox scheme, Bhutan continues its massive Bitcoin sell off: Asia Express
Cointelegraph.com News
UK becomes first country to sanction crypto marketplace Xinbi over $19.9B fraud empire
The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. The UK government on March 26 sanctioned Xinbi, a Chinese-language cryptocurrency…
crypto.news
Bo Shen Launches Bounty to Recover $42M Crypto Stolen in 2022
Fenbushi Capital co-founder Bo Shen has announced a public bounty to recover $42 million in cryptocurrency stolen from his personal wallet in 2022. Here's what we know. Read original article on nftenex.com
nftenex
Mochi Finance founder offloads 550K CVX as fraud claims deepen across DeFi
Mochi founder Azeem Ahmed sold 550K CVX from a Curve-linked stash as on-chain probes allege over $8M in diverted rewards and $54M in DeFi losses. Azeem Ahmed, founder of Mochi Finance and GaiaDAO, has sold approximately 550,285 Convex Finance (CVX)…
crypto.news
MemeCore price jumps 40% as leverage and whale flows fuel memecoin comeback
MemeCore spikes 40% to $2.31 as leverage and sector-wide memecoin rebound push its value above $3 billion. MemeCore (M), a high‑beta memecoin project focused on on‑chain speculation and community‑driven rewards, is trading at approximately $2.31 today, with a live market…
crypto.news

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About## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
Details
Categories
Cardano EcosystemCrypto-backed StablecoinStablecoins
Date
Market Cap
Volume
Close
August 05, 2026
$0.00
$4,301.97
---
August 05, 2026
$0.00
$5,781.48
---
August 04, 2026
$0.00
$8,495.40
$0.0793
August 03, 2026
$0.00
$8,208.55
$0.0775
August 02, 2026
$0.00
$279.27
$0.0701
August 01, 2026
$0.00
$5,364.16
$0.0679
July 31, 2026
$0.00
$1,257.53
$0.067
July 30, 2026
$0.00
$1,346.92
$0.0623
July 29, 2026
$0.00
$2,498.33
$0.0625
July 28, 2026
$0.00
$577.67
$0.0631

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