🪙 Crypto News (June 18, 2024):

1️⃣ Tether: The company behind USDT, Tether, has introduced a new token called aUSDT, collateralized by Tether Gold (XAUT), as part of its Alloy lineup of "pegged assets." Designed to merge the stability of a fiat currency with the security of gold, aUSDT aims to redefine stability in the digital economy. It tracks the value of $1 and is backed by physical #Tether Gold stored in Swiss vaults. 🪙

2️⃣ Ben: Over the span of two months, a well-known #MEV bot operating on the #Solana network has generated approximately $30 million through arbitrage exploits known as "sandwich attacks."

3️⃣ RISC Zero: Startup RISC Zero, developing a virtual machine based on Zero-Knowledge Proof (ZKP) technology, has unveiled its inaugural solution, zkVM 1.0. Prior to its launch, RISC Zero conducted a trusted setup ceremony and underwent rigorous third-party audits to ensure security and reliability. 🔒

4️⃣ Ethena Labs: Ethena Labs has introduced a restaking feature for its governance token, ENA, along with a novel "synthetic stablecoin," USDe, accessible through Symbiotic and LayerZero.

5️⃣ HashKey: HashKey Group, a cryptocurrency exchange, has announced plans to debut the #HSK token in Q3 of 2024. Additionally, the company has revealed an airdrop scheduled for June. 🚀

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