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USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more “safe” and “robust” product for USDe token holders.
Had the hacker chosen to claim their airdrops, they would have been entitled to approximately $50,000.

Ethena Labs is backing its USDe synthetic dollar with bitcoin. The move will enable USDe to “scale significantly,” as traders embrace bitcoin, the protocol said.

Bitcoin bulls follow through with earlier upside to see $69,000 briefly return to the BTC price chart.

A third party accounting firm will audit these reserves and Ripple will publish monthly attestations

CME’s Giovanni Vicioso sat down with Blockworks ahead of the halving to discuss bitcoin ETFs and BTC ahead of the April halving
