Could the New House Stablecoin Bill Kill FRAX and DAI?
The first draft of the new House Stablecoin Bill suggests placing a two-year ban on “endogenously collateralized stablecoins.”
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The first draft of the new House Stablecoin Bill suggests placing a two-year ban on “endogenously collateralized stablecoins.”
The first phase of GNO becoming a DAI collateral has passed as the MakerDAO governance voted yes to the proposal. The post MakerDAO governance votes yes to adding GnosisDAO token as collateral for DAI appeared first on The Block.
The new stablecoin project has no connection with the Bank of Russia's digital ruble. The stablecoin will be pegged to ruble fiat currency.
CNBC host Jim Cramer is advising investors to avoid meme assets and altcoins after the Federal Reserve announced further interest rate hikes. In a new Mad Money segment, Cramer says that investors should steer clear from meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB).
TRON Founder Justin Sun says that the launch of Tron's new stablecoin, Decentralized USD ($USDD), combines the best aspects of competing stablecoins on the market.
DOYLESTOWN, Pa., Aug. 19, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc.
MakerDAO developers are working on an emergency shutdown plan in case the U.S. Treasury's sanctions reach the project.
Bitcoin.com Wallet has announced the addition of more ERC-20 tokens to its list of supported assets. We tell you more about this.
Are stablecoins really a good addition to a balanced portfolio? Let's find out.
During the last month, the stablecoin economy's market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases.
DAI ranks 11th behind Dogecoin with market valuation of $6.92 billion
MakerDAO has announced the removal of the leading lending platform, Aave, as one of those with direct deposit module (D3M) access to its lending pool. The post MakerDAO votes to disable Aave DAI deposit to stave off Celsius risks appeared first on CryptoSlate.
An open position that would be liquidated if Bitcoin's price fell below $22,584
Let's take a closer look at what a stablecoin is. A stablecoin is a type of cryptocurrency whose value is tied to a more...
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.
While there has been issues in the stablecoin market, DAI offers massive benefits to traders. Enter the benefits of this project!
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 (TVL). Makerdao's DAI Regains the Top Decentralized Stablecoin Position This month, it's quite […]
Investors are seeking out cheap cryptos to buy, hoping they can get lucky and win big with a bargain play.
Maker DAI is thriving after Terra's collapse with UST biting the dust and USDT briefly losing its peg but not DAI. So what happened?
The Maker DEFI token surged 30% as the users flocked to DAI after the recent collapse of Terra as we reported earlier in the cryptocurrency news. While the crypto markets staged a rebound on Friday morning, the MakerDAO governance token MKR surged by 30% as investors bet on the DAI Stablecoin amid the Terra collapse.
Amid Terra's collapse, investors have flocked back to Maker's native governance token and the DeFi protocol's native stablecoin DAI.
Maker's token surges 30% and its DAI stablecoin also became the fourth biggest stablecoin by market cap thanks to the UST crash as we can see more today in our latest altcoin news. Maker's token surged 30% overnight and the DAI stablecoin benefited from the UST crash which slipped below $0.30 and helped DAI to […]
Maker crypto prices saw a steep upswing in the wake of Terra's price meltdown, as investors seek out new stablecoin plays.