DAI

makerdao-considering-allocating-up-to-$600,000,000-in-dai-in-arthur-hayes-backed-stablecoin-usde
Posted by | April 3, 2024
MakerDAO Considering Allocating Up to $600,000,000 in DAI in Arthur Hayes-Backed Stablecoin USDe

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...

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stablecoin-expansion-continues-as-bitcoin-rally-appears-to-stall
Posted by | April 3, 2024
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall

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...

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Posted by | January 16, 2024
USDC Starts 2024 With A Bang, Market Share Is Up 2X: What’s Going On?

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...

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Posted by | December 26, 2023
Coinbase’s Ethereum Layer-2 Solution’s Total Value Locked Hits New All-Time High, Reaches $742,000,000

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...

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pepe,-polygon,-fantom-and-six-other-altcoin-rallies-could-continue,-says-analytics-firm-santiment-–-here’s-why
Posted by | October 27, 2023
Pepe, Polygon, Fantom and Six Other Altcoin Rallies Could Continue, Says Analytics Firm Santiment – Here’s Why

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...

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real-estate-backed-us-dollar-stablecoin-built-on-polygon-loses-47%-of-its-value-after-suffering-serious-depeg
Posted by | October 12, 2023
Real Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg

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...

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ftx-hacker-holding-$300,000,000-in-crypto-suddenly-moves-millions-worth-of-assets:-on-chain-data
Posted by | October 1, 2023
FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data

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...

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whales,-fresh-wallets-accumulating,-maker-(mkr)-spikes-120%-in-3-months
Posted by | September 20, 2023
Whales, Fresh Wallets Accumulating, Maker (MKR) Spikes 120% In 3 Months

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,...

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decentralized-stablecoins-could-dominate-crypto:-makerdao-founder
Posted by | September 14, 2023
Decentralized stablecoins could dominate crypto: MakerDAO founder

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...

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phisher-who-stole-$24,200,000-worth-of-crypto-from-whale-moves-funds-to-tornado-cash:-peckshield
Posted by | September 13, 2023
Phisher Who Stole $24,200,000 Worth of Crypto From Whale Moves Funds to Tornado Cash: PeckShield

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...

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