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Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives
3.4.2024
Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe.
The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews
The Protocol: Using the Money Printer
3.4.2024
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz
3.4.2024
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $1.36 billion at...
First Mover Americas: Ethena Labs’ New Token Rallies Overnight
3.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Best Crypto to Buy Today April 2 – Ethena, Litecoin, Bitget Token
2.4.2024
On a day where blue-chip crypto markets are trading with a bearish bias, investors are scouring altcoin markets for strong performers that could be the best crypto to buy today.
The post Best Crypto to Buy Today April 2 – Ethena, Litecoin, Bitget Token appeared first on Cryptonews
Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents
2.4.2024
Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena
2.4.2024
Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has...
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
31.3.2024
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over...
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
30.3.2024
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of the total supply) will be airdropped, with...
Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report
29.3.2024
A fake version of Ethena (ENA) token has been exploited for 480 BNB worth $290,000, on-chain security firm PeckShield flagged on X.
The post Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report appeared first on Cryptonews
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week
29.3.2024
The price surge implied that the token could debut with a market cap of over $500 million
Ethena Labs announces the launch of ENA
28.3.2024
Ethena Labs has announced the launch of ENA tokens. Users can claim the token effective April 2, 2024. The launch of the ENA token marks the beginning of achieving the vision that Ethena Labs desires to strengthen the decentralization of its protocol. Ethena Labs has referred to the token...
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
27.3.2024
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply, on April 2
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
27.3.2024
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
20.3.2024
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns
8.3.2024
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in...
Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
8.3.2024
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks