MakerDAO Considering USDC Collateral Support For Enhanced Liquidity
DeFi giant MakerDAO is considering USDC as collateral support to fight its liquidity risk Go to Source Powered by WPeMatico
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Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens pegged to the U.S. dollar like USDC, … Read more
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
Check the bad crypto news of the past week. Go to Source Powered by WPeMatico
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential … Read more
As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success
Cracks in the MakerDAO system exposed vulnerabilities in DeFi. How will the ecosystem recover? Go to Source Powered by WPeMatico
DeFi Giant MakerDAO Avoiding Shutdown in the Face of Tanking ETH — For Now
DeFi giant MakerDAO struggles to keep up with tanking Ether price, but developers are avoiding shutdown for now Go to Source Powered by WPeMatico
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape Go to Source Powered by WPeMatico
After A High-Profile Hack, bZx Announces Its Way Forward
The co-founder of bZx protocol, which was hacked last month, has taken full responsibility for the lapse and promised that the users will not lose any money Go to Source Powered by WPeMatico
When Will Bitcoin Join the DeFi Revolution?
The DeFi industry is decentralized by its original nature, yet Bitcoin has reportedly been claimed to have implemented centralized features. It’s time to start from the original idea again Go to Source Powered by WPeMatico
Tether Looks to Catch Up in DeFi With Aave Integration
Tether is moving to provide an alternative to DeFi as it joins forces with Aave Go to Source Powered by WPeMatico