Yala, a crypto startup, secured $8 million in seed funding, led by Polychain Capital and Ethereal, to develop a Bitcoin-backed stablecoin for decentralized finance.
Ethereal proposes to integrate with Ethena to manage reserves on-chain, leveraging Ethena's risk management and liquidity capabilities.
Ethereal proposes integration with Ethena for reserve management, boosting ENA price.
Ethena (ENA) price surged 11% as plans to integrate Ethereal DEX into its system drive bullish momentum. The strong upward trend suggests further growth potential.
Sandeep Nailwal of Polygon supports Sentient's open-source AI platform to promote equitable benefit distribution and mitigate centralization risks.