Analysts have identified a significant trend in whale behavior that could indicate the direction of the cryptocurrency market in the short term. On-chain data shows that the MakerDAO DAI stablecoin...
XRP, Curve DAO Token (CRV), and dogwifhat (WIF) all fell sharply in the past 24 hours as the broader crypto market turned red. Bitcoin (BTC) also fell, losing $97,000 after...
As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi). According to...
Jupiter, the decentralized ecosystem platform, has announced the cancellation of this week’s Planetary Call. The team is fully dedicated to preparing for their upcoming Breakpoint event, where they will unveil...
Market observers believe several altcoins, including Lido DAO ($LDO), Nexo ($NEXO), Sui ($SUI), Jupiter ($JUP), and Ondo ($ONDO), could be trading below their true value. Recent price action has been...
The Shiba Inu community has voted against burning 37.5 ETH, opting instead to secure the funds in a multisig wallet controlled by trusted community members. These funds, donated by partner...
The decentralized finance (DeFi) sector is witnessing significant developments, with Aave and MakerDAO grabbing the spotlight. Aave just rolled out its V4 update, and MakerDAO launched its ambitious Endgame plan....
VET, the native token of VeChain, an enterprise-grade L1 smart contract platform launched in 2015, is expanding its decentralized application offerings through its new platform, VeBetterDAO. The decentralized autonomous organization...
The market for tokenized U.S. Treasuries could surpass $3 billion by the end of 2024, according to Tom Wan, a data and research strategist at Dune Analytics. Wan’s prediction comes...
MakerDAO unveiled a $1 billion investment initiative in tokenized U.S. Treasury products, marking a significant shift in its reserve strategy. Announced at the Spark Tokenization Grand Prix at ETHCC in...
VeChain’s VeBetter DAO has experienced significant growth and widespread adoption since its launch in February 2024. Recent statistics reveal that Japan leads in VeBetter DAO adoption, experiencing a substantial surge....
The Arbitrum Endowment Committee is bridging traditional and decentralized finance with a proposed $27 million investment across six real-world asset (RWA) products to diversify its DAO treasury. This announcement was...
Crypto influencers CryptoBusy and Collin Brown have taken to X (formerly Twitter) to the impending launch of VeChain’s VeBetterDAO, highlighting its potential to transform the VeChain ecosystem and the broader...
Ethereum co-founder Vitalik Buterin has taken to the social media platform Warpcast to highlight how the crypto community is reshaping the use of certain English words and acronyms. In a...
The supply of leading stablecoin DAI has seen a remarkable growth spree since early March, with a 24% increase in just over two months, rising from 4.42 billion to 5.48...
According to Seraphim, Ethena Labs’ Head of Growth, MakerDAO is considering allocating up to $600 million DAI into sUSDe and USDe via Morpho Labs vault. Citing a post on the...
Maker DAO, a decentralized blockchain protocol on Ethereum, has reportedly planned to invest $600 million in DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol, Morpho Labs,...
Leading crypto market intelligence platform, Messari observed that Maker’s profit expectations dropped from $80 million to under $2 million after introducing the Enhanced DAI Savings Rate (EDSR). According to Kunal...
The Maker DAO community has voted to introduce the Enhanced Dai Savings Rate (EDSR). The voting, which was performed through GOV12.1.2, will temporarily increase the effective DSR available to users...
The MakerDAO community recently passed a governance vote that sought to introduce the Enhanced Dai Savings Rate (EDSR). The EDSR is a mechanism to temporarily boost the rewards for DAI...
Crypto lending protocol MakerDAO transferred $500 million to global cryptocurrency exchange Coinbase’s custodial subsidiary, Coinbase Custody. Through this move, MakerDAO ensures an annual rewards rate of 2.6%, which translates to...
Based on the outcome of a governance poll on MakerDAO, the DeFi giant’s community has overwhelmingly voted in favor of retaining the USDC stablecoin as a primary reserve. In the...
MakerDAO, the open-source global financial system, updated its official Twitter account with the up-to-date details of the system claiming that its total collateralization is at 15.4% with $8.6 billion worth...
What is DAO Maker (DAO)? DAO Maker is a platform that seeks to redefine venture capital for the masses. It provides scalable technologies and funding support to tokenized startups, making...
MakerDAO recently announced the plans for the extension of its US treasury bond investments on Twitter. According to the details in the tweet, the proposal is set to expand the...