MakerDAO moves to expand collateral assets and upgrade liquidation engine
The new liquidation engine has been designed to offer Maker’s users greater predictability and security. Go to Source Powered by WPeMatico
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Shift toward full decentralization pushes Maker (MKR) price above $4K
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Go to Source Powered by WPeMatico
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops … Read more
Atari to Launch a Crypto-Fueled Gaming Platform in the Ethereum Metaverse Decentraland
In October 2020, the entertainment software company Atari launched a digital currency and later revealed plans to join the Ethereum virtual reality game Sandbox. On March 8, Atari announced that the company is now launching a casino in Decentraland, another metaverse built on Ethereum. According to the announcement, the firm’s gaming platform in Decentraland will … Read more
‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
The Optimism-Dai Bridge will allow fast withdrawals later this year. Go to Source Powered by WPeMatico
Stablecoin RAI launches, a pure, decentralized alternative for DeFi
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency. Go to Source Powered by WPeMatico
DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC
PRESS RELEASE. In response to rising gas prices during the last weeks, DMEX has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an Ethereum smart contract, the trade recording, however, is now performed on xDAI. This change allows users to place orders as … Read more
Who said you can’t spend crypto? Redditor sells free Moon tokens to pay rent
This Reddit user has found a unique way to make ends meet during the pandemic. Go to Source Powered by WPeMatico
Redittor memes his way to $25K in Bitcoin profits
This is the story of a Redditor’s roundabout way of making a hefty Bitcoin profit. Go to Source Powered by WPeMatico
Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million. Go to Source Powered by WPeMatico
