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ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms. An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed. The Ether (ETH) whale lost 67,570 ETH worth around…
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As much as I hate to admit it, I absolutely cannot start my day without a freshly brewed cup of coffee! It’s the boost of energy, dose of motivation, and rush of serotonin that I need every morning. And, I’m pretty sure that’s the case for most of us. However, brewing coffee is an intimate…
” MakerDAO passes proposal for $750M increase in US Treasury investments “ Lending protocol and stablecoin issuer MakerDAO passed a proposal on March 16 to increase its portfolio holdings of United States Treasury bonds by 150%, from $500 million to $1.25 billion. The proposal aims to increase the protocol’s exposure to real-world assets and “high-quality…
” Circle’s USDC instability causes domino effect on DAI, USDD stablecoins “ The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $.3.3 billion of Circle’s $40 million transfer request. Given USDC’s collateral influence, major stablecoin…
” EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction “ The United States equities markets made a strong recovery this week but Bitcoin (BTC) failed to follow suit. This means that cryptocurrency investors stayed away and could be worried by the ongoing problems at Silvergate bank. These fears could be…
” SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price “ The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. …
” Market maker Keyrock closes $72 million in Series B funding round “ Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round. Funds are planned to be…
” Transit Swap ‘hacker’ returns lion’s share of $23M in stolen funds: Finance Redefined “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more…
” MakerDAO co-founder recommends DAI-USD depegging to limit attack surface “ In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO)….