How Binance’s USDe ‘depeg’ cost the exchange millions
During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.
Bitcoin24h
$77,787.75-0.36%
Ethereum24h
$2,319.11-0.67%
XRP24h
$1.41-1.00%
BNB24h
$626.99-0.76%
Solana24h
$85.13-1.64%
TRON24h
$0.3253+0.42%
Dogecoin24h
$0.0980-0.74%
Hyperliquid24h
$42.20+2.44%
UNUS SED LEO24h
$10.38+0.87%
Bitcoin Cash24h
$447.70-1.10%
MakerDAO could back a billion Dai with Ethena’s ‘synthetic dollar’ USDe
MakerDAO says the vault would start with a cap of 600 million Dai, which could be adjusted up to 1 billion according to demand and risk.
Ethena offers 27% on stablecoins but where is the yield coming from?
Newly-launched ‘synthetic dollar’ Ethena says it’s banking on using CEX liquidity rather than the less popular decentralized exchanges.
-
DeFi plays the blame game—by Protos Staff
-
Pornhub drops USDT for USDC—by Protos Staff
-
Strategy could own more bitcoin than Satoshi by September—by Protos Staff
-
DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave—by Protos Staff
-
Tether challenges USDC Solana hegemony with $127.5M Drift bailout—by Protos Staff
-
STRC controversy goes mainstream—by Protos Staff
-
Justin Sun goes to war with World Liberty Financial—by Protos Staff
-
Who is Kevin Warsh, Trump’s Federal Reserve nominee?—by Protos Staff
-
Bitcoin 2026 speaker list packed with altcoin promoters—by Protos Staff
