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Binance Launchpool Announces Plans To Roll Out Trading Support for New Ethereum-Based Synthetic Dollar Protocol

Binance Launchpool Announces Plans To Roll Out Trading Support for New Ethereum-Based Synthetic Dollar Protocol

Top global crypto exchange Binance has announced plans to support a new Ethereum (ETH)-based altcoin via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 50th project will be Ethena (ENA), a synthetic dollar protocol. Ethena aims to provide a crypto-native solution for money not reliant on traditional […]

The post Binance Launchpool Announces Plans To Roll Out Trading Support for New Ethereum-Based Synthetic Dollar Protocol appeared first on The Daily Hodl.

SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors

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

Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats CampaignEthena, 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 the total supply) will be airdropped, with the number of shards held by each […]

SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors

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

M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th LargestOn 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, […]

SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors