The Tornado Cash sanctions case was supposed to be a boost for censorship-resistant, decentralized stablecoins. It hasn’t worked out that way.
Six months after the U.S. Treasury Department sanctioned the crypto mixer and triggered a wave of blacklisting across the sector, the market cap and trading volume for two key decentralized stablecoins are down.
In the same year that everyday investors lost a whopping $350 billion, Masterworks had its best year yet – really. Their 9 art sales returned $25.8 million to investors, a record amount. Talk about a Happy New Year…
So, what did investors do with their cash? Charter a yacht in Ibiza? Finally close on that Alpaca farm? Maybe save a little? Naaah.
Either way, Masterworks wants to do the same thing for you. This fintech investing platform is unlocking an asset class that was once available only to billionaires.
“Net Return” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at masterworks.com/cd.
The MakerDAO community has greenlit a proposal to deposit $100M of USDC from its Peg Stability Module (PSM), which holds reserve assets backing the DAI stablecoin, into a tailor-made noncustodial Yearn vault.
There’s no question that NFTs have become synonymous with hype — and with the booms and busts that are so inherently tied to the crypto sphere. Yet, NFTs are gaining new ground beyond the realm of NFT profile picture (PFP) projects alone: the technology behind digital collectibles gives creators more options than ever to engage with their community.
The FTX collapse injected doubt into the very concept of centralized platforms. In contrast, decentralized exchanges offer both transparency and self-custody. But how can DEXs bridge the liquidity gap that CEXs offer?