Latest news with #Anchorage
Yahoo
5 days ago
- Business
- Yahoo
Ethena Taps Anchorage to Issue $1.5B USDtb Stablecoin Under GENIUS Act
Decentralized finance (DeFi) platform Ethena is set to bring its $1.5 billion stablecoin to the U.S. market, teaming up with crypto bank Anchorage Digital to issue the token under the new stablecoin laws. As part of the partnership the firms announced on Wednesday, federally regulated crypto bank Anchorage will issue the USDtb token directly in the U.S. under the GENIUS Act's compliance standards. That's a move away from the token's current offshore issuance model, a move that aims to create a pathway for institutions to hold and use the token within regulated financial channels. "While we've already seen strong demand for USDtb, we expect GENIUS compliance to empower our partners and holders to confidently and significantly expand its use across new products and platforms," Ethena co-founder and CEO of development organization Ethena Labs Guy Young said in a statement. Ethena's governance token ENA (ENA) is up 9% over the past 24 hours, outperforming the broader crypto market that saw many altcoins plunge 5%-10% overnight. The market benchmark CoinDesk 20 Index was down 1.3% during the same period. The move comes after President Trump signed the GENIUS Act into law last week, a landmark crypto legislation that sets guidelines for stablecoins and issuers to operate in the country. Stablecoins are a $250 billion and rapidly growing class of cryptocurrencies with their prices anchored to an external asset, predominantly to fiat currencies like the U.S. dollar. Tether, issuer of the largest stablecoin USDT, also announced plans to enter the U.S. market under the new law. USDtb, introduced in December, aims to keep a stable $1 price and is backed predominantly by tokenized money market fund BUIDL, issued by BlackRock and Securitize. The token currently has a $1.45 billion supply on the Ethereum blockchain, per data. Ethena also issues the USDe "digital dollar," a token that generates yield by shorting bitcoin, ether and SOL harvesting funding while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Yahoo
Bear mauling prompts large rescue response, hiker in stable condition
A hiker was rescued after reportedly getting attacked by a brown bear along a trail in Alaska, according to the Anchorage Fire Department. On Tuesday at approximately 3 p.m., officials responded to 911 calls from a hiker "reporting they were mauled by a bear and needed help as soon as possible," the fire department said in a statement. The attack occurred about two miles up the Dome Trail in Anchorage, the local police department confirmed to ABC News. The female hiker -- who has not been identified by officials -- reported that she "could not get out" on her own "due to injuries sustained in the mauling," the fire department said.- PHOTO: A Grizzly bear in Anchorage, Alaska. The woman provided directions to her location on the trail and remained on the phone with officials while they scanned the area to locate her, according to police. Firefighters and paramedics responded to the scene, with drones deployed to help find the hiker, according to officials. Once she was located, she was rescued with a helicopter and transported to a local hospital with "what we believe to be non-life-threatening injuries," police said. MORE: 89-year-old man and dog killed in bear attacks in Florida: Officials Police told ABC News the hiker is in stable condition as of Wednesday and that, at this time, they "will not be sharing her name with the public." The brown bear ran off after the incident, the fire department noted in its statement. As of Tuesday night, Alaska Fish & Game was still trying to locate the bear. Officials said hikers in Anchorage are "encouraged to file trip plans with friends or family prior to trekking off into the great outdoors" and recommend people leave a copy of their trip plans underneath their vehicle's windshield. Anchorage Fire Department - PHOTO: A hiker was rescued after reportedly getting attacked by a brown bear along a trail in Alaska, according to the Anchorage Fire Department. "Information regarding your planned route can be invaluable as we try to locate you in case of an emergency," the fire department said. With both black and brown bears living within the municipality of Anchorage, the local parks and recreation department provides tips to keep in mind while recreating in any park or trail in the area, including to remain in groups, make noise, carry bear spray, leash all dogs and to never run from a bear. "Stop, group up, talk to the bear and let it know you are human," Anchorage Parks and Recreation said on its website. According to the National Park Service, the majority of bear attacks occur not because the animal is hunting a human, but when it feels threatened or is protecting its young. The only exception is if the bear is "suffering from very severe starvation," the NPS said on its website.
Yahoo
6 days ago
- Yahoo
Hiker survives after being mauled by brown bear in Alaska
A hiker was rescued after reportedly getting attacked by a brown bear along a trail in Alaska, according to the Anchorage Fire Department. On Tuesday at approximately 3 p.m., officials responded to 911 calls from a hiker "reporting they were mauled by a bear and needed help as soon as possible," the fire department said in a statement. The attack occurred about two miles up the Dome Trail in Anchorage, the local police department confirmed to ABC News. The female hiker -- who has not been identified by officials -- reported that she "could not get out" on her own "due to injuries sustained in the mauling," the fire department said. The woman provided directions to her location on the trail and remained on the phone with officials while they scanned the area to locate her, according to police. Firefighters and paramedics responded to the scene, with drones deployed to help find the hiker, according to officials. Once she was located, she was rescued with a helicopter and transported to a local hospital with "what we believe to be non-life-threatening injuries," police said. MORE: 89-year-old man and dog killed in bear attacks in Florida: Officials Police told ABC News the hiker is in stable condition as of Wednesday and that, at this time, they "will not be sharing her name with the public." The brown bear ran off after the incident, the fire department noted in its statement. As of Tuesday night, Alaska Fish & Game was still trying to locate the bear. Officials said hikers in Anchorage are "encouraged to file trip plans with friends or family prior to trekking off into the great outdoors" and recommend people leave a copy of their trip plans underneath their vehicle's windshield. "Information regarding your planned route can be invaluable as we try to locate you in case of an emergency," the fire department said. With both black and brown bears living within the municipality of Anchorage, the local parks and recreation department provides tips to keep in mind while recreating in any park or trail in the area, including to remain in groups, make noise, carry bear spray, leash all dogs and to never run from a bear. "Stop, group up, talk to the bear and let it know you are human," Anchorage Parks and Recreation said on its website. According to the National Park Service, the majority of bear attacks occur not because the animal is hunting a human, but when it feels threatened or is protecting its young. The only exception is if the bear is "suffering from very severe starvation," the NPS said on its website.
CTV News
6 days ago
- CTV News
Officials search for a bear that attacked a hiker on a popular trail in Anchorage, Alaska
ANCHORAGE, Alaska — A brown bear attacked a woman as she hiked a popular trail in a hillside neighbourhood in Anchorage, Alaska, and officials are still looking for the animal, state police said. State troopers used a helicopter to take the woman from the Basher Trail to a hospital, police spokesman Christopher Barraza said. Her injuries aren't considered life-threatening, he said. The woman, who has not been identified, called 911 at around 3 p.m. Tuesday and told the dispatcher that she had been mauled by a bear about two miles (3.2 kilometres) into the trail, in Stuckagain Heights, Barraza said. She told officials she couldn't walk. The trail is in the Chugach Mountains, which sit along Anchorage's eastern border. The woman spoke with officials by phone for about an hour, telling them the area she was in as they used drones to try to find her, Barraza said. She told them the bear ran off after it mauled her and that she wasn't able to see which direction it headed. The Alaska Department of Fish and Game blocked off the area and is searching for the bear, Barraza said. Anchorage, which is by far Alaska's biggest city, is home to about 290,000 people. Nearly 350 black bears, 65 brown bears and 1,600 moose also live there. 'We're advising everybody to make sure they go prepared when they go to do hikes and trails,' Barraza said. 'Make sure you know what to do when you see a bear, carry your bear spray, stuff like that.' The fire department wrote on Facebook that hikers should temporarily avoid the trails around the Stuckagain Heights area. The Associated Press
Fox News
6 days ago
- Fox News
Alaska hiker mauled by bear rescued with help of advanced drone technology on remote trail
A hiker in Alaska was rescued with the assistance of a drone after being mauled by a bear. Anchorage Police Department spokesman Christopher Barraza said the female hiker was attacked on Tuesday by a brown bear while on the Basher Trail in Anchorage, Alaska, according to the Anchorage Daily News. Barraza said the woman suffered "non-life threatening" injuries. He said that the hiker told emergency responders that the bear eventually ran away. The woman called emergency officials herself and remained conscious to help rescuers locate her, Barraza said, adding that a drone was used to locate her. "She's not able to walk, and they were having trouble locating her," Barraza said. "She called us, she was on the phone with us the entire time." The Anchorage Fire Department, Alaska Department of Public Safety, Alaska Wildlife Troopers as well as nearby Joint Base Elmendorf-Richardson assisted in the rescue of the woman. Barraza said this incident shows how important it is for hikers to be prepared. "Be prepared, bring your bear spray. Be on the lookout. Bears are everywhere," he siad.
