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Ethena
ENA Rises 15% as Ethena Labs Increases Staking Rewards
The initial lock cap has been set at $200 million and will be adjusted to increase over time.

The Protocol: Using the Money Printer
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."

Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents
Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply

Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set to Go Live Next Week
The price surge implied that the token could debut with a market cap of over $500 million.

Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply.

Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.

A Statement Said Ethena Labs Raised Millions From Some Big Names. Then Chaos Ensued.
"It was an honest mistake," said Ethena's co-founder.

Bitcoin Price Steady Around $29.3K as SBF Goes Back to Jail
Bitcoin (BTC) is trading flat near the $29,300 level as investors react to the news that FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial over attempts to tamper with witnesses. Ethena head of research & data Conor Ryder discusses the lack of price action in bitcoin and ether. Plus, insights on traders' interests in meme coins and a potential stablecoin race as fintech giant PayPal releases its dollar-pegged stablecoin PYUSD.
