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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…

April 3, 2024

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…

December 26, 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…

October 27, 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…

October 12, 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…

October 1, 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…

September 13, 2023

MakerDAO and DAI Creator Proposes New Native Chain Based on Solana (SOL) Fork

MakerDAO co-founder Rune Christensen is proposing that Maker (MKR) launch its own native blockchain based on the Solana (SOL) codebase.…

September 3, 2023

US Treasuries and Real World Assets Bringing Renewed Interest in DeFi, Says Analytics Firm IntoTheBlock

Market intelligence firm IntoTheBlock says that US treasuries, stablecoins yields and real-world assets are giving decentralized finance (DeFi) a shot…

August 14, 2023

Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase’s Layer-2 Solution Hours After Launch

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase’s new layer-2…

August 10, 2023

Tether Excess Reserves Shatter $3,000,000,000 As Stablecoin Issuer Uses Profits To Back USDT

The issuer of the Tether (USDT) stablecoin says its excess reserves have increased by hundreds of millions of dollars in…

August 2, 2023