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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...
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
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, 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 Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
3.3.2024
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth...
Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players
24.2.2024
In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this...
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
16.2.2024
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300...
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
16.2.2024
Ethena's USDe "synthetic dollar" is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S
Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin
21.7.2023
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written...