A **significant event** recently unfolded in the cryptocurrency market. An address, widely attributed to the prominent **crypto VC firm** Maven 11, executed a substantial **Maven 11 ENA withdrawal** from the Binance exchange. This move involved 21.156 million ENA tokens, valued at approximately $15.1 million. On-chain analyst EmberCN first reported this crucial transaction, bringing it to […]
The Ethena protocol stands at a significant juncture. It has successfully met the necessary conditions for activating its highly anticipated Ethena fee switch. This development marks a pivotal moment for the synthetic dollar protocol and its community. Indeed, this activation promises to reshape value distribution within the ecosystem. Ethena Fee Switch Conditions Fully Met The […]
The Ethena team recently made a significant move, depositing 3.125 million ENA tokens to Binance. This transaction, valued at approximately $2.27 million, has captured the attention of the cryptocurrency market. It represents the first such transfer from the team’s address to an exchange in about a month, sparking considerable discussion among investors and analysts. Unpacking […]
The cryptocurrency landscape often buzzes with significant on-chain movements. Recently, a notable **Ethena ENA deposit** caught the attention of market observers. An address, widely presumed to belong to Ethena, executed a substantial transfer of 5 million ENA tokens to Binance. This transaction, valued at approximately $3.81 million, represents a crucial development in the ongoing activity […]
The cryptocurrency market often presents unexpected turns. In a significant development, the Ethena team officially announced its withdrawal from the intense competition to issue Hyperliquid’s native stablecoin, USDH. This crucial decision sends ripples through the DeFi ecosystem. It reshapes the landscape for Hyperliquid’s highly anticipated stablecoin launch. Consequently, the focus now shifts dramatically to other […]
The cryptocurrency market often witnesses significant movements from large holders, commonly known as ‘whales.’ These substantial transactions frequently draw considerable attention. Recently, a notable event unfolded involving a major ENA whale deposit to Binance, one of the world’s leading cryptocurrency exchanges. This specific movement, valued at $4.1 million, has sparked discussions among market observers and […]
The cryptocurrency market recently observed a significant event involving Ethena ENA, its market maker Flowdesk, and the prominent exchange Binance. Specifically, Flowdesk executed a substantial Flowdesk deposit of 6.7 million ENA tokens to Binance. This transaction, valued at approximately $5.54 million, immediately captured the attention of on-chain analysts and market participants. The move highlights the […]
The cryptocurrency world constantly evolves. Consequently, new listings on major exchanges often spark significant investor interest. South Korean cryptocurrency exchange, Korbit, recently made a crucial announcement. It confirmed the listing of **Ethena (ENA)**, a highly anticipated synthetic dollar protocol token. This development is set to occur at 3:00 a.m. UTC on September 10. Such an […]
The decentralized finance (DeFi) sector constantly evolves, with innovative protocols vying for market share and influence. A significant development recently emerged as **Ethena**, a prominent synthetic dollar protocol, announced a strategic move. Ethena has officially submitted a compelling proposal to secure the crucial **issuance rights** for Hyperliquid’s native stablecoin, **USDH**. This bold initiative could redefine […]
The cryptocurrency market often experiences rapid developments. Indeed, a significant announcement from **Binance** has captured the attention of traders and investors globally. The world’s largest cryptocurrency exchange officially announced the **crypto listing** of USDe, Ethena’s synthetic dollar. This move introduces new trading pairs and potentially reshapes the **stablecoin** landscape. Binance Introduces USDe: What Traders Need […]
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