On February 16, Ethena Labs, the developer of Ethereum-based stablecoin USDe, completed a US$14 million strategic round of financing at a valuation of US$300 million.
JinseFinanceBybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
JoyLido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.
cryptopotatoThe ETH/USDC pool on Uniswap has a TVL of $175 million. UNI has broken out from a descending resistance line.
BeincryptoBeincryptoThe Ethereum scaling solution has surpassed $1 billion in total value locked within a matter of weeks.
CointelegraphThe total decentralized finance (DeFi) TVL has been on the decline since the market losses began. The market, which had ...
BitcoinistThe decentralized finance (DeFi) has not been spared from the recent crypto onslaught. This crash that had finally put top ...
BitcoinistTerra's total value locked suffered a major fall, losing as much as $14 billion because of a reduced DeFi investor ...
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