NewsBriefs – ByBit counters insolvency rumors amid scrutiny of Ethena’s stablecoin operations

Recent rumors suggested ByBit might be insolvent, impacting Ethena’s $2.5 billion stablecoin, USDe. Despite these rumors, which ByBit has denied, Ethena’s asset prices have not dropped and the company …

Full story: https://cryptobriefing.com/newsbriefs/?id=137371&title=bybit-counters-insolvency-rumors-amid-scrutiny-of-ethenas-stablecoin-operations