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Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
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
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
24.5.2021
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour...
Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins
7.5.2021
Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins. Argentineans Like to Invest in DAI, USDC,...
DeFi Yield Protocol (DYP) Launches DYP Earn Vault
4.5.2021
Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault. The Vault is an automated yield farming contract fully integrated with Compound Protocol and supports five markets, including ETH, WBTC, USDC, USDT, and DAI. Earn Rewards on DYP Earn Vaults Users...
Glassnode predicts BTC rally as stablecoin supply tags record highs
4.5.2021
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined
HOLD IT! The Great Ace Attorney Games Are Finally Getting Released Outside Japan
21.4.2021
Time to brush up on your jurisprudence, y’all, because today Capcom announced The Great Ace Attorney games are finally being released outside of Japan. Dubbed The Great Ace Attorney Chronicles, the collection features both Ace Attorney spin-offs, The Great Ace Attorney: Adventures and The Great...
MakerDAO moves to expand collateral assets and upgrade liquidation engine
21.4.2021
The new liquidation engine has been designed to offer Maker’s users greater predictability and security
Shift toward full decentralization pushes Maker (MKR) price above $4K
16.4.2021
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
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...
Atari to Launch a Crypto-Fueled Gaming Platform in the Ethereum Metaverse Decentraland
10.3.2021
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...
‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
10.3.2021
The Optimism-Dai Bridge will allow fast withdrawals later this year
Story of Seasons Producer Writes An Apology To Fans Over Bugs, Glitches, And Loading Times
3.3.2021
When Story of Seasons: Pioneers of Olive Town was released last month in Japan, fans complained of long load times, bugs, and glitches. Producer Dai Takemura addressed these issues on the game’s official blog and offers his apology. Read more
Stablecoin RAI launches, a pure, decentralized alternative for DeFi
19.2.2021
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
Curve liquidity providers see $3M windfall from $11M Yearn Finance exploit
5.2.2021
A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault
Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Lost Unclear
4.2.2021
The amount taken is unclear but Yearn shows percentage losses for the DAI vault in the triple digits
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
2.2.2021
Buying in these stablecoins may foretell where the crypto market is going
DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC
22.1.2021
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....
Tron Is Out, Dai Is Back: CoinDesk 20 List Updates for 2021 Q1
12.1.2021
Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter
Maker’s MKR Token Surges to 2-Year High on DeFi Growth
6.1.2021
Maker's MKR token surged to its highest level in more than two years
Who said you can't spend crypto? Redditor sells free Moon tokens to pay rent
5.1.2021
This Reddit user has found a unique way to make ends meet during the pandemic