CoinsAQ summary · neutral
ENA Rises 10% after Ethena Foundation Reveals Token Buyback Proposal
What happened
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks. The native token of the synthetic dollar protocol Ethena (ENA) registered double-digit gains after the Ethena.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Binance Starts Withdrawal Recovery as FBI Blames North Korea for $6B+ Hack
Deposits have remained available throughout the incident and were not affected, the company noted.
KuCoin ends services for users in Russia and Belarus
KuCoin ends all services for users in Russia and Belarus, becoming the third major exchange this month to exit after Bitget and MEXC.
Polymarket resolves security issue after third-party breach
Polymarket fixed a security issue on its international platform after a third-party vendor breach and referred the matter to law enforcement.