Vitalik sells MakerDAO stake after CEO Christensen suggests Solana-based blockchain
The move comes one day after MakerDAO's CEO publicly floated developing the project's NewChain on Solana or Cosmos
5 Top Stable Coins To Add To Your Portfolio This Week
Stable coins seek price stability by holding reserve assets as collateral or by employing algorithmic formulas that are designed to control supply.
What are the advantages and benefits of cryptocurrency DAI? What is it?
In 2017, DAI was officially launched on the Maker agreement. DAI aims to provide stable and safe loan assets for enterprises and individuals, and can achieve all these goals without sacrificing decentralization. Since the Maker protocol was started and ru
What is DAI coin? What does stable currency DAI mean?
DAI is an algorithm stable currency issued by MakerDAO. Maker Dao is an agreement based on Ethereum, which aims to maintain an accurate ratio of one to one with the US dollar. It is mainly used as a way to lend and borrow encrypted assets without intermed
Bitcoin hurtles toward $30,000, wiping out millions in short positions
Bitcoin's rally toward $30,000 has left a trail of short liquidations totaling over $60 million in the past 4 hours.
MakerDAO boosts DAI lending capabilities via Spark Protocol roll-out
MakerDAO has introduced Spark, a DeFi lending protocol that enables users to borrow dai (DAI) stablecoin.
MakerDAO unveils AI-fueled roadmap to new blockchain
MakerDAO has published a detailed roadmap for its five-phase Endgame plan that will lead to the introduction of a new blockchain.
MakerDAO gets proposal to raise DAI savings rate to 3.3%
"Brace yourself, DAI holders, for a DSR at 3.33%," MakerDAO said on Friday, referring to a proposal that would raise the rate.
MakerDAO's DAI has reduced its dependence on USDC as collateral
MakerDAO's DAI has swapped out a lot of USDC in its stablecoin reserves for U.S. Treasurys as its collateral changes shape.
Stablecoin supply continues to drop despite wider adoption signals
In 2023, stablecoin supply has fallen around 12% from $139 billion at the start of the year to $122 billion in August.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
