Fantom founder Andre Cronje speaks out on negative funding rates and unbacked assets

Andre Cronje warns that while "things are going great now" such a momentum in the crypto space would eventually turn.

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USDe maintains full collateralization amid first market stress test

Ethena Labs, the entity behind the USDe synthetic dollar, has released the asset’s first attestation report, which shows the stablecoin remained fully collateralized over the past week despite significant turbulence in the crypto market. The report follows a brief depegging incident during a market-wide downturn during the weekend. Attestation report As of April 15, the […]

The post USDe maintains full collateralization amid first market ‘stress test’ appeared first on CryptoSlate.

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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)

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Ethenas (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoins bull market [...]

The post Ethenas (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth appeared first on Crypto Breaking News.

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Fake token copies Ethena Labs, gets exploited for $290K on Binance Launchpool

Someone posing as Ethena Labs made a fake token.

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$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 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 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, [...]

The post $14M Capital Infusion Catapults Ethena Labs Valuation; Stablecoin Ranks 9th Largest appeared first on Crypto Breaking News.

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Vote to use BlackRock's BUIDL as backing asset for Frax stablecoin goes live

Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal.

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Ethena Labs partners with Trumps World Liberty Financial

The announcement comes fresh on the heels of World Libertys purchase of $500,000 worth of ENA tokens.

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Wintermute to take Ethenas USDe as trading margin

Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. 

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