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Tag: STETH

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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Swaap Labs Launches “Supercharged” DeFi Yield Protocol Swaap Earn

DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The...

MakerDAO Founder Says Having “Rando’s” Participate in Governance Makes DAOs Unpredictable – The Defiant

Rune Christensen was called out for adding USDe as collateral for MakerDAO.Imagine a world where the co-founder of one of the largest decentralized autonomous...

Frax Stakers On Track To Earn $20.8M Annually After Fee Switch Activation – The Defiant

Frax will distribute nearly $400,000 to veFXS stakers this week.Frax stakers are set to share around $400,000 worth of fee revenue after Frax became...

Experts worry Ethena’s Bitcoin-backing strategy for USDe could bring ‘contagion risks’

CryptoQuant CEO Ki Young Ju has voiced concerns about Ethena’s recent decision to incorporate Bitcoin as a backing asset for its USDe synthetic dollar.On...

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...

Crypto for Advisors: Beyond Bitcoin, Crypto Indices

Diversification: While bitcoin remains the cryptocurrency pioneer, the market now boasts thousands of alternative digital assets. Investors seek exposure to a broader spectrum of...

Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week

Ethena's USDe token, often referred to as "synthetic dollar," offers steady yields to investors by using ether (ETH) liquid staking tokens such as Lido's...

Analysts Believe Munchables’ $63M Exploit Was Internally Engineered – The Defiant

Experts believe the Blast-based game’s $63 million hack may have been devised by a North Korean employee. Munchables, a prominent web3 game and farm...

Badger Launches 0% Interest Bitcoin Lending Protocol eBTC – The Defiant

Badger leverages stETH as collateral to generate staking yield for both the eBTC protocol and borrowers.Badger Finance, a Bitcoin-focused DeFi collective, has launched a...

Top Crypto Gainers Today Mar 22 – Internet Computer, Lido DAO, Maker, JasmyCoin

Join Our Telegram channel to stay up to date on breaking news coverage Amidst the cryptocurrency market’s ongoing dynamism, attention is drawn to the top...

BitPay Supports 100+ Coins and Tokens | BitPay

0x Protocol Token (ZRX) Ethereum/Polygon 1inch (1INCH) Ethereum/Polygon Aave (AAVE) Ethereum/Polygon Aavegotchi (GHST) Ethereum/Polygon ...

Bitcoin Gained 10% This Week—These Altcoins Flew Even Higher – Decrypt

Bitcoin hit another all-time high today—but its solid gains look merely modest compared to those seen by other digital coins and tokens this week.The...

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