Ethena's synthetic dollar token USDe experienced a sharp price drop to $0.65 on Binance during a market sell-off, while prices on decentralized exchanges like Curve and Uniswap remained stable near $1. The crash was caused by Binance's thin orderbook and operational issues blocking arbitrage, not a failure of the USDe protocol itself, which continued processing $2 billion in redemptions. This event highlights risks tied to centralized exchange liquidity rather than the token's underlying value, as holders on Binance faced losses despite the protocol's health.
Ethena's USDe token price volatility is context for readers. For those tracking digital assets, 43 of 50 major cryptocurrencies on Pluang rose today. Notable gainers include EOS at Rp12.649 (+8.13%), XLM at Rp3.776 (+6.79%), and VET at Rp160 (+6.39%). Data is as of Sep 22, 2026 13:02 WIB.
Former BitMEX CEO Arthur Hayes suggests that a drop in AI investment could indirectly support Bitcoin by causing financial strain on heavily leveraged AI infrastructure projects, such as data centers and semiconductor purchases. This strain might imp...
Edge Total Intelligence Inc. was selected as one of 10 finalists in the ATI Horizons Maritime Manufacturing Innovation Challenge, which aims to modernize US maritime capabilities aligned with the Navy's advanced manufacturing strategy. The company’s ...
Ethena's governance token ENA surged 71.14% from $0.135 to $0.231 in early September, driven by strong demand for its synthetic stablecoin USDe and significant staking activity totaling nearly $1.26 billion. Despite Bitcoin's breakout, ENA stalled ar...
Power Metallic Mines announced new assay results from its Summer 2026 drill program, revealing high-grade copper and precious metals at depths up to 800 meters, well below previous resource estimates. The deep drilling confirmed that the Lion deposit...
hVIVO PLC has appointed Caroline Shaw as an independent non-executive director starting October 1. Shaw will chair the remuneration committee and join the audit committee, bringing over 30 years of healthcare leadership experience. She replaces Elain...
