Topic archive
On Friday, Marker’s governance community voted in favor of expanding US Treasury bond holdings to $1.2 billion. If fully approved, the proposal will enable Maker to more than double its Continue Reading →
In an interview on Tuesday, Circle’s boss Jeremy Allaire pointed out the irony of the traditional banking system disrupting the broader crypto industry. Allaire said there had been talks about Continue Reading →
Circle’s USDC is almost regaining its full value after declining 14% over the weekend. Data from CoinGecko shows the stablecoin is trading at $0.99 as of this writing. Recent development Continue Reading →
The market capitalization of all cryptocurrencies went above $1 trillion on Monday morning as the market turned green following a joint statement issued by the US Treasury, the Federal Reserve, Continue Reading →
USD Coin is a stablecoin that is backed by U.S. dollars. It is intended to provide a stable value for digital transactions and to help reduce volatility in the cryptocurrency Continue Reading →
The local currency of the Ripple network is known as XRP. Ripple is a payment system based on blockchain technology and operates worldwide, offering crypto solutions to its customers. The Continue Reading →
The UK is getting closure to its objective of introducing a central bank digital currency (CBDC). Recently, it released a consultation paper elaborating on the digital pound that is going Continue Reading →
Paxos, a stablecoin issuing platform, has recently presented a proposal to MakerDAO (a decentralized finance protocol). The stablecoin issuer has persuaded the DeFi protocol to promote its stablecoin’s use within Continue Reading →
Quasar Finance, a decentralized finance (DeFi) venture has been successful in raising $5.4M in a Shima Capital-led funding round. The bridge round of the DeFi venture elevates its valuation to Continue Reading →
Yearn.finance, a decentralized protocol for yields, has stated in a Twitter post that the consumers are permitted to develop sophisticated Permissionless Vault Factories. The Vault Factory’s present version operates with Continue Reading →
Authorities in Hong Kong are moving toward exclusive structures for a central bank digital currency (CBDC). At present, they want to launch a CBDC that would be a government-backed stablecoin. Continue Reading →
Decentralized finance, commonly known as DeFi, is one of the most successful and influential creations of the innovations made by blockchain networks in the crypto industry. The blockchain network consists Continue Reading →
Bitget, a notable crypto exchange operating around the world, is introducing a unique feature called “MegaSwap” to permit consumers to swap or trade the digital assets in their possession for Continue Reading →
Though a lot of people are still celebrating the holidays, exploiters are attacking the DeFi sector, extracting up to $8M in a new wallet exploit on BitKeep. A few customers Continue Reading →
Since the customers are usually not aware of the rules and agreements integrated with the traditional Centralized Finance (CeFi) protocol that may make it mysterious to them. On the other Continue Reading →
Uniswap, a decentralized finance (DeFi) company, is declaring that crypto users can now purchase digital assets on its web-based applications with the utilization of bank transactions, debit cards, or credit Continue Reading →
Staking emerged in the crypto space in 2020 and provided multiple alternatives to the instruments used in the traditional financial market. Although the concept of decentralized finance (DeFi) emerged with Continue Reading →
Sber, the biggest bank based in Russia, has declared that the blockchain platform operating under it will have Ethereum compatibility. The bank, which has the Russian government as its majority Continue Reading →
