Ethena

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Bitcoin News / Bitcoinist - 10 months ago

Ethena Partners With Bybit, Is This An “Attack” On USDT And USDC?

In a post on X, one analyst now claims traditional fiat-backed stablecoins like USDT and USDC should prepare for a “major” attack due to the increasing popularity of Ethena’s USDe. The warning follows Ethena and USDe’s integra...

Bitcoin News / Bitcoin.com - 11 months ago

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the toke...

Cryptocoins Exchanges / CEX.IO - 11 months ago

Could Ethena be the next Terra?

In this week’s crypto highlights, we explore the price movements of ETH, TON, AAVE, and UNI. Additionally, this recap includes other notable industry news items that occurred over the last seven days. Without further ado, let’s dive into the latest...

Cryptocoins News / Blockchain  - 11 months ago

Ethena (ENA) Labs Integrates with Major Exchanges for Reward Program

Ethena Labs, a synthetic dollar developer, has partnered with major centralized exchange wallets to offer users a 20% reward boost for locking USDe stablecoins for 7 days, converting rewards into ENA tokens. (Read More)

Cryptocoins News / CoinJournal - 11 months ago

Ethena price reaches new all-time high: Here’s why ENA is surging

Ethena (ENA) price reached highs of $1.49, surging more than 18% in 24 hours as most altcoins struggled. Bullish sentiment amid new staking rewards for ENA holders could push ENA price higher. Ethena (ENA) traded to highs of $1.49 on Wednesday, its...

Bitcoin News / Bitcoin.com - 1 year ago

Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion

On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin...

Cryptocoins News / Blockchain  - 1 year ago

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Fantom founder Andre Cronje voices apprehension about USDe stablecoin's sustainability, invoking fears of a Terra-like collapse. (Read More)

Bitcoin News / Bitcoin.com - 1 year ago

Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz

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, boas...

Cryptocoins News / Blockchain  - 1 year ago

Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M

Ethena Labs has completed a massive $450 million token airdrop, with the top wallet receiving $1.96 million in Ethena tokens as they hit major exchanges. (Read More)