What Is Ethena’s USDe Synthetic Dollar?

Discover Ethena’s USDe, a synthetic dollar aiming to tackle the stablecoin trilemma. Learn how it works, its benefits, and potential drawbacks in this beginner's guide.

2024-09-27Read

Ethena Announces UStb Stablecoin Backed by BlackRock's BUIDL

Ethena unveils UStb, a new stablecoin backed by BlackRock's BUIDL fund, offering a different risk profile to its synthetic USDe stablecoin and dynamic risk management.

2024-09-27Read

Ethena Labs Unveils New eUSD Token in Partnership with EigenLayer

Discover Ethena Labs' new eUSD token, a liquidity re-staking solution in collaboration with EigenLayer, designed for enhanced liquidity and security.

2024-09-25Read

Ethena Hack: Investor Confidence Shaken, ENA Price Plunges

A security breach on Ethena's Discord server has shaken investor confidence in the project, leading to a sharp decline in the ENA token price. Ethena, a rising star in the synthetic dollar protocol space, boasts a promising stablecoin, USDe, but the hack raises concerns about its overall security. While the full impact remains unclear, the project's future hinges on its ability to regain trust through transparent communication, enhanced security measures, and continued development as outlined in its roadmap. Investors are advised to proceed with caution and thoroughly analyze the situation before making any investment decisions related to ENA.

2024-07-15Read

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