DeFi

What are the Cryptocurrency Decentralized Stablecoins? A Guide to Roadmap to Digital Coin

  The Quest for Cryptocurrency Decentralized Stablecoins: A Closer Look At DAI, USDD, FRAX, and RAI Digital Currency Key Takeaways: Stablecoins...
Jamie Redman
9 min read

Stolen 500K DAI Cryptocurrency Coin Moved Through Tornado Cash

Some Hackers Moved $500K DAI Cryptocurrency To Tornado Eroding The Compliance Ban The Treasury Department’s Office of Foreign Assets Control (OFAC)...
Jamie Redman
1 min read

Ethereum Posts a Recent Massive Surge in Price

This surge in Ethereum’s price comes as the cryptocurrency prepares to launch its long-awaited update, Ethereum 2.0. The upgrade is designed...
Jamie Redman
2 min read

MakerDAO Cryptocurrency Stablecoin Considering DAI Coin Depeg From USD

MakerDAO founder Rune Christensen has called for the project to “seriously consider preparing” for a DAI depeg from the US dollar,...
Jamie Redman
2 min read

Cryptocurrency MakerDAO Dai Stablecoin Trending Token Up or Down on Tuesday?

The Content Dai’s technical score of 11 from InvestorsObserver analysis suggests that the token is a weak buy-and-hold investment at this...
Jamie Redman
1 min read

Amazon.eth ENS Domain was Bid for 1 Million USDC by An Anonymous User

On Tuesday, an anonymous wallet address made an offer of 1 million USDC (a stablecoin pegged to the U.S. dollar) for...
Jamie Redman
1 min read

Marathon Digital Holdings Entered Various Hosting Deals to Reach Its Bitcoin Hash Rate Target

Marathon Digital’s Applied Blockchain data center has provided about 254 megawatts of new hosting capacity for the company’s Bitcoin mining operations....
Jamie Redman
2 min read

Tezos Co-Founder: Celsius’ Bankruptcy Is Completely Unsurprising

Celsius’ bankruptcy is not surprising, Tezos co-founder says. Kathleen Breitman, the co-founder of decentralized layer 1 blockchain Tezos, said the Celsius...
Jamie Redman
1 min read

MakerDAO Voted to Add Société Générale to Its Vaults

MakerDAO has voted to integrate Société Générale’s digital asset subsidiary to its vaults. The French multinational investment bank will be able...
Jamie Redman
2 min read

BlockFi Opposes Claims of Company Being Sold to Cryptocurrency Exchange FTX for $25M

BlockFi CEO Zac Prince has denied a recent report from CNBC that his company is being sold to FTX, a cryptocurrency...
Jamie Redman
2 min read

Crypto Lending Giant MakerDAO Refuse Proposal to Create Advisory Board

The MakerDAO community has voted against a proposal to create an oversight unit that would have been tasked with educating MKR...
Jamie Redman
2 min read

What is Dai (DAI) Stablecoin and Why Is it the Most Popular DeFi Cryptocurrency

There are many stablecoins out there, but Dai is unique. Dai is an Ethereum based stable coin (ERC-20 token) that aims...
Jamie Redman
4 min read

Rocket Pool’s rETH was Chosen to Back DAI as Collateral by the MakerDAO Token Holders

The Maker ($MKR) token holders have announced that its community has voted in favor of adding Rocket Pool’s rETH as collateral...
Jamie Redman
2 min read

Celcius repaid $10M Worth of DAI to Compound Finance

Amid a wider crypto market crash, Crypto lending firm Celsius Network has repaid $10 million worth of DAI stablecoin to Compound...
Jamie Redman
2 min read