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ENA Rises 15% as Ethena Labs Increases Staking Rewards

[Apr 8 7:32 AM] ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for some users.

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

[Apr 5 7:27 AM] 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…

Bitcoin Crash Warning: CryptoQuant CEO Sees LUNA-Like Risks Ahead

[Apr 5 2:00 AM] Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion…

The Protocol: Using the Money Printer

[Apr 3 1:29 PM] 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

[Apr 3 9:32 AM] 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…

Ethena (ENA) Surges 60%, But Fantom Co-Founder Warns Of Luna-Like Demise

[Apr 3 7:00 AM] Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike in ENA’s price to approximately $0.96 has catapulted its market capitalization to…

Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents

[Apr 2 3:22 AM] 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

[Apr 1 8:32 PM] 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…

Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign

[Mar 30 2:31 AM] 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…

Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set to Go Live Next Week

[Mar 29 12:32 AM] 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

[Mar 27 2:53 PM] 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

[Mar 27 11:26 AM] The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.

$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

[Feb 16 3:00 PM] 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…

Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public

[Feb 16 7:32 AM] 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

[Jul 21, 2023 1:30 AM] 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…