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DeFi
MakerDAO Doubles Down On US Treasuries
Strategy Helped DeFi Lender Weather The Bear Market By Generating Yield On Reserves
Markets
Bitcoin Hits 9-Month High Above $27,500
Largest Cryptocurrency Continues To Outperform As Dominance Rises Above 45%
DeFi
Betting Market for Arbitrum Airdrop Surges Before Announcement
A key indicator shows traders started aggressively betting Arbitrum’s ARB token would be airdropped hours before the token distribution was announced. On March 15, a day before the airdrop went public, traders on prediction market Polymarket started placing more bets that the airdrop would happen before March 31. “Yes” shares spiked as high as $0.72…
DeFi
Daily Layer 2 Transaction Count Soars To Record 1.54M
Ethereum Scaling Solutions Surpass Mainnet By 48%
DeFi
Lobbying Group Hunts For Proof That Feds Are Targeting Crypto
Blockchain Association Requests Information From US Banking Regulators
DeFi
Synthetix Perpetual Volumes Hit Record $200M As Optimism Incentives Near
More Than 3.5M OP Tokens Will Be Distributed To Traders Over 20 Weeks
CeFi
TrueUSD Moves $1B in Reserves To The Bahamas After U.S. Banking Failures
The company behind TrueUSD, the fifth-largest stablecoin, moved $1B of the company’s reserve assets to a Bahamas-based financial institution citing the tumultuous state of the U.S. banking sector on Wednesday. Archblock, the firm that oversees TrueUSD’s $2B in reserve assets, moved the funds to Capital Union Bank. The Bahamas-based bank now holds $1.4B of the…
DeFi
Uniswap v3 Launches On BNB Chain After Months of Infighting
Uniswap, the leading decentralized exchange, went live on BNB Chain following months of infighting on Wednesday. Uniswap Labs announced the launch of its v3 protocol on BNB Chain, saying the blockchain “typically offers faster and cheaper transactions than Ethereum,” making the exchange accessible to a broader user base. BNB Chain, a blockchain created by the…
