Tag: ENA

M2 Capital Invests $20M in Ethena to Expand Synthetic Dollar Offerings in the Middle East

By Marco Piccolo Key highlights: M2 Capital has invested $20 million in ENA, the governance token of Ethena, a crypto-native synthetic dollar protocol. The deal supports the integration of Ethena’s products into M2’s regulated wealth management offerings via M2 Global Wealth. Ethena’s USDe stablecoin and sUSDe yield-bearing token have helped the protocol surpass $14 billion […]

Massive crypto liquidations occurred over 24 hours with Ethereum leading losses at $7.95 million

By mrblockchain Markets experienced a brutal awakening as billions in crypto positions vaporized within hours. The carnage was indiscriminate yet selective targeting those who dared to dream too big with borrowed capital. Ethereum emerged as the primary victim shedding $7.95 million in liquidated positions while the rest of the crypto ecosystem watched in horror. Bitcoin […]