Bookmarking Crypto Insights
Auto Added by WPeMatico
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the … Read more
The proposed change would prevent certain coins that have fallen in value recently from being used as collateral. Go to Source Powered by WPeMatico
MakerDAO co-founder’s death opened a new pandora box of conspiracy theories, based on some of his recent tweets. Go to Source Powered by WPeMatico
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen to $69.36 billion since then. Circle’s usd coin, on the … Read more
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. Go to Source Powered by WPeMatico
The last week of October turned bearish for the DeFi market despite the string of hacks, as the majority of the DeFi protocols registered bullish weekly gains. Go to Source Powered by WPeMatico
The MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime. Go to Source Powered by WPeMatico
Blockchain analytics firm Chainalysis has labeled October 2022 as “the biggest month in the biggest year ever for hacking activity.” Go to Source Powered by WPeMatico
Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. Go to Source Powered by WPeMatico
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield. Go to Source Powered by WPeMatico
