The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena’s synthetic dollar, USDe. Last week, Maker deployed...
The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena’s synthetic dollar, USDe. Last week, Maker deployed...
The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022. The data indicates that capital continues...
The crypto market is witnessing a remarkable resurgence of USDC, the second-largest stablecoin by market capitalization. According to Kaiko market data, USDC’s CEX volume market share has more than doubled...
The total value locked (TVL) in Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution, has hit a new all-time high, reaching nearly $750 million. New data from layer-2 blockchain tracker L2Beat...
A prominent market intelligence platform says that a handful of altcoins should continue to rally as traders continue to focus on Bitcoin (BTC) and Ethereum (ETH). In a new thread...
A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD). In...
A bad actor who hacked the infamous crypto exchange FTX as it was collapsing is abruptly moving millions of dollars worth of crypto assets. According to data from blockchain intelligence...
On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand. As of September, MKR is one of the top-performing tokens,...
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins. 1229 Total views 21 Total shares Decentralized stablecoins may eventually dominate...
A crypto security firm says that a phisher who stole $24.2 million worth of staked Ethereum (ETH) is actively moving their stolen assets onto the crypto mixer Tornado Cash. The...