Ethena Labs Onboards Bitcoin as a Backing Asset for the Crypto Project’s Synthetic Dollar
Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe…
Experts worry Ethena's Bitcoin-backing strategy for USDe could bring 'contagion risks'
CryptoQuant CEO Ki Young Ju has voiced concerns about Ethena’s recent decision to incorporate…
Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move
Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous…
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its…
BitMEX co-founder believes this stablecoin could flip Tether one day
Ethena, the protocol powering the USDe synthetic dollar, raked in $6.53 million in fees over the…
Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it…
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key…
