Crypto Liquidations Spike to $480M in Last 24 Hours
Margins Calls Piling Up as Three Arrows and Celsius Wobble
Dai
Do Kwon’s Folly – Dai Was Never Going to Die. Here’s Why
“Dai is a stablecoin implemented as an ERC20 token on the Ethereum blockchain. Designed to maintain 1:1 parity with the US Dollar its value is backed by collateral which is locked up in a smart contract, the Maker collateral vault.”
Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes
The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra’s collapse.
Stablecoin Wars, Where Is the Smart Money Going?
After UST’s fall, we are starting to see a shift in preference between stablecoins. In this video we take a look into where the big players are allocating their capital.
MakerDAO’s Real World Push Gains Moo-mentum with Aussie Beef Play Deal Shows Utility of DeFi in a Rough Week
Deal Shows Utility of DeFi in a Rough Week
Deal Shows Utility of DeFi in a Rough Week
What Are Stablecoins? A Step-by-Step Guide to Stablecoins and Their Role in DeFi
A Step-by-Step Guide to Stablecoins and Their Role in DeFi
This step-by-step guide will walk you through the ins and outs of stablecoins.
MakerDAO May Hook Up With Traditional Bank Banks Loans May Be Used as Collateral on Maker's Platform
Banks Loans May Be Used as Collateral on Maker's Platform
MakerDAO’s deal with a U.S. bank may open a new chapter in DeFi-TradFi collaboration.
Proposal Aims to Shake up MakerDAO’s Tokenomics and Light a Fire Under MKR
A new proposal takes aim at the disparity between MKR and DAI.
MakerDAO’s Update is a Pure Expression of DeFi 2.0
IntoTheBlock explores how MakerDAO’s update will allow it to interact with the secondary market with more control over DAI.
Buenbit Raises $11M to Bolster Crypto in Latin America
In a record-breaking deal for a Latin American crypto company, Buenbit, an exchange based in Argentina has raised $11M in Series A funding. Buenbit, the leading cryptocurrency platform in South America’s second-biggest economy, allows users to exchange fiat currency for BTC, ETH, and DAI. In May, Buenbit launched operations in Peru, and now with their …
Buenbit Raises $11M to Bolster Crypto in Latin America Read More »
Cypherpunk Stablecoin RAI is Live on Ethereum
Rai, a stablecoin for decentralization purists, is now live on the Ethereum mainnet. It’s not pegged to fiat, it’s not backed by fiat, and it’s designed to run completely by computer programs. If it had a physical bill it would carry the inscription, “in code we trust.” RAI is an asset backed only by ETH …
Maker Stability Fee Increase May Boost MKR Price
MakerDAO has casually reintroduced stability fees for the ~$900M worth of DAI now in circulation. Maker’s MKR holders voted to raise the protocol’s stability fee – similar to interest rates for Dai borrowers – to 2% for ETH collateral from 0%, the highest since January. The reintroduction of stability fees sets Maker on track to …
Maker Stability Fee Increase May Boost MKR Price Read More »
The State of Stablecoins in DeFi: A Deep Dive by DappRadar
Stablecoins are one of the fastest-growing asset types in the crypto world. The purpose of these cryptocurrencies is to track a particular peg (usually the dollar) minimizing volatility and providing a convenient unit for transacting. They have become the lifeblood of the DeFi ecosystem and may look to take over other sectors like remittance and …
The State of Stablecoins in DeFi: A Deep Dive by DappRadar Read More »
