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Tag: algorithmic stablecoin

Ethena USDe Tops $2.3B Market Cap But Risks Identified

Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of...

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SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report

Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against...

XRP Ledger Creator Ripple to Launch Own Stablecoin | BitPinas

Ripple plans to launch its own stablecoin responding to strong demand for trustworthy and stable digital assets. The stablecoin, set to launch later this year,...

Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud – The Defiant

The jury voted unanimously against Kwon. The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled...

Crypto Heavyweights Torn Over Ethena’s New Stablecoin – The Defiant

Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a...

Ethena (ENA) Surges 60% Amid Luna-Like Demise Warning

Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike...

Ethena (ENA) Surges 60% Amid Luna-Like Demise Warning

Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike...

Ethena Labs Announces Airdrop Date of Native Token ENA – The Defiant

Starting April 2, 750 million ENA or 5% of the total supply, will get airdropped.Synthetic stablecoin startup Ethena Labs has announced it is one...

SEC begins multi-billion dollar fraud trial against Terraform Labs, Do Kwon

In a dramatic opening to a much-anticipated trial, the US SEC cast Terraform Labs and its co-founder, Do Kwon, as central figures in a...

Terra Creator Do Kwon Avoids Extradition To United States — Again

Advertisement &nbsp &nbsp Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor...

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