The Decentralized Finance (DeFi) space has recently witnessed a surge in activity, with protocols like Hyperliquid and Ethena gaining attention and proving successful. Despite their growth, many have questioned whether these protocols are truly decen

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Bankrupt crypto exchange FTX began distributing over $5 billion this morning, with eligible creditors set to receive funds via

Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners is Pendle, a decentraliz

Ethena's app update could lead to a price surge for ENA and SENA, as it allows users to onboard fiat directly and swap stablecoins to USDe. Bridging USDe to 22 chains enhances accessibility and utility, attracting more users. These updates simplify t

Today in crypto, a new report from crypto exchange Coinbase paints a grim picture of a shrinking crypto market but expects a potential rebound later in 2025, Strive is urging Inuit to buy Bitcoin after it successfully convinced GameStop to do so, and

Today in crypto, Ethena Labs has exited the German market after regulators flagged “deficiencies” in its USDe stablecoin. In El Salvador, new data from the central bank shows that only 11% of registered Bitcoin service providers are currently active.

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! While a dovish surprise from the Fed tomorrow could provide a short-term boost, bitcoin will likely continue consolidating i

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. Prices fell this morning as the memecoin frenzy continues to cool and crypto participants digest Bybi

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Just when things were starting to look a little brighter, with the crypto crackdown era continuing to fade, the industry faces

Reeve Collins, one of the original founders of Tether, is launching his own stablecoin, Bloomberg reported on Tuesday. Like some new entrants into the stablecoin fold, such as Ethena and M^0, Collin’s Pi Protocol will offer holders yield likely earne

Sky (formerly MakerDAO) subsidiary Spark Protocol is integrating Ethena’s USDe synthetic dollar into its “liquidity layer,” the protocols’ teams announced on Tuesday. As part of the partnership, Spark plans to allocate up to $1.1 billion of its balan

As the cryptocurrency segment is recovering from the mediocre start of 2025, the largest meme coins are yet again in the spotlight. Their sentiment inspires double-digit rallies that can only compete with mid-cap altcoins with solid tech accomplishme

The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six days of voting,

Ethena USDe supply rose 47.45% last month, hitting $3.75 billion, with $119M inflow recorded on November 21. The sUSDe stake rate climbed to 68.4%, its highest since February, reflecting growing investor engagement with Ethena’s ecosystem. Ethena’s U

The Ethena Foundation announced on Nov. 15 that the risk committee approved Wintermute’s proposal to overhaul revenue sharing for the Ethena protocol. The changes, aimed at benefiting staked ENA (sENA) holders, are expected to take effect by the end

The ongoing bull market is boosting almost all crypto-related investments, but it’s especially helping synthetic dollar provider Ethena. That’s because increases in sentiment have boosted the fees paid by traders betting prices will increase to peopl

ENA, the native token of Ethena, an Ethereum-based synthetic dollar protocol, has experienced an impressive 30% surge over the past 24 hours. Discussions surrounding a new governance proposal primarily drive this rally. The proposal aims to introduce

Ethena's ENA token experienced a notable 60% increase in value recently. Investments are planned for several real-world asset products in the protocol. Continue Reading:Ethena Sees Significant Growth in ENA Token Value The post Ethena Sees Significan

Ethena registered a massive price rise over the last week, but the trend might change soon.

Decentralized finance protocol Ethena will allocate $46 million of its Reserve Fund in various tokenized real-world assets. Ethena (ENA) announced the decision on Oct. 10, revealing the fund’s allocations, which include BlackRock’s tokenized fund Bla