Search
Celsius pays down 143M in DAI loans since July 1
4.7.2022
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data
Mehracki, Aave, & Maker: The DAO Trio That Will Protect You From the Crypto Winter of 2022
4.7.2022
In this period, when trading trends are highly complex, it is tough to determine the best cryptocurrency to buy in 2022. Analysts point out that buyers have been hesitant due to the depreciation in the markets that have recently entered a bear market. When data from platforms such as CoinMarketCap...
Game Maker Fund Releases the Valley of Belonging by the Sandbox
29.6.2022
Game Maker Fund, supported by The Sandbox, releases The Valley of Belonging. The recent venture brings a diverse experience to the metaverse, where every background and identity is celebrated. The Sandbox proudly showcases its support for freedom, diversity, and pride of expression and identity...
First Mover Asia: Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K
28.6.2022
Crypto aided Nvidia's bottom line, but it has not been a major cause of the stock's steep decline; bitcoin hovers near $21K
Solana Labs, Smartphone Maker Osom Team up to Unveil Web3-ready Handset
24.6.2022
Solana Labs, the firm behind the Solana (SOL) blockchain, says it will launch an Android mobile phone for the Solana network – and aims to ship the device to customers as early as next year.
The device will be called Saga and should feature crypto wallet functions, as well as a mobile software...
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
20.6.2022
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend. Maker (MKR) MKR was a notable mover to start the week, as prices climbed […]
Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’
20.6.2022
The decentralized finance (DeFi) protocol Bancor (BNT) said it has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”
In an announcement published on Monday, the team behind Bancor said that impermanent loss protection has been “temporarily...
Maker cuts off Aave's DAI supply as fallout from Celsius continues
17.6.2022
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH
Celsius Tops Up More Collateral to Avoid Loan Liquidation, Faces ETH Squeeze
14.6.2022
The troubled crypto lending and borrowing company Celsius (CEL), which on Monday halted withdrawals due to “extreme market conditions,” is adding more collateral for a loan on the MakerDAO (MKR) decentralized finance (DeFi) protocol to avoid liquidation. At the same time, the company is facing...
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...
Is Parody Coin Capable of Becoming the Next Prominent Crypto Player Like Filecoin (FIL) and Maker (MKR)?
13.6.2022
Over the years, there has been a steep rise in the invention of cryptocurrencies. If you’re going to invest your money, there are thousands of options, but only some protocols help you make it worthwhile. Otherwise, it plunges to an all-time low. Cryptocurrency’s volatility can’t...
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
3.6.2022
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility
Firstrade Lists ENJ, MKR, BNT & COMP
3.6.2022
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound...
Maker founder proposes MetaDAOs and synthetic ETH in 'Endgame Plan'
3.6.2022
Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether
Celebrate Attack On Titan Maker Wit Studio’s 10th Anniversary With These 10 Anime
1.6.2022
Today marks the tenth anniversary of Wit Studio, the anime production company who, with Attack on Titan, quickly established itself as a powerhouse in the anime industry. However, Wit’s great body of work extends beyond the walls of its anime adaptation of AoT. Wit’s also the driving force behind...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Binance P2P Waives 50% Maker Fees for Southeast Asia
23.5.2022
The Southeast Asian branch of the Binance P2P exchange announced a new fee promotion to be held in the last week of May. From the 24th to the 31st, new orders will get a 50% discount on maker fees during the activity period. The platform has listed the effective prices for all the assets during...
Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US
23.5.2022
Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients...
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
19.5.2022
Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
16.5.2022
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset