Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
Crypto traders flocked to the safety of stablecoins during the Sept. 7 market crash. Go to Source Powered by WPeMatico
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DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
CipherBlade is conducting an investigation into the hack, and has identified a Binance account associated with the attacker. Go to Source Powered by WPeMatico
Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore. Go to Source Powered by WPeMatico
Finance Redefined: Alchemix rugpull remuneration, and Aave v. 2.5! June 16-23
The first-ever “reverse rug” has a surprising compensation plan, and the largest protocol in DeFi ponders growth. Go to Source Powered by WPeMatico
MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Go to Source Powered by WPeMatico
Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. Go to Source Powered by WPeMatico
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week’s “historic deleveraging event”. Go to Source Powered by WPeMatico
Total crypto market cap gains $400B as DeFi tokens lead the recovery
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins. Go to Source Powered by WPeMatico
Altcoin day trading madness: 100% rebound in hours for Polygon, Maker
What goes up must come down… and then go up again. Go to Source Powered by WPeMatico
DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B
DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion. Go to Source Powered by WPeMatico
