Tether Experiencing Increased Usage in DeFi After An Unconvincing Start
Data shows that Tether (USDT) usage is picking speed in DeFi. Aave reported at least 10% of its assets are locked in USDT. The slow start saw its competitor USDC ...
Tag: DAI
Sonnen Group Unveils DLT-Based Virtual Power Plant in Germany
Sonnen Group is a Royal Dutch subsidiary. The Group announced a partnership with the Energy Web Foundation (EWF). It will use EWF’s blockchain to develop a virtual power plant (VPP) ...
MakerDAO Community Plans to Vote on Upgrades, Debt Auction Conducted
MakerDAO is a leading firm in the burgeoning sector of decentralized finance (DeFI). It is set up on the Ethereum network. MakerDAO has speedily called for a community vote on ...
Non-Custodial Smart Wallet Aims to Increase Access to Crypto and DeFi
The nascent crypto sector is continuously gaining ground in the global financial industry. Recently, a non-custodial smart wallet for decentralized applications (DApps) and cryptocurrencies have got new funding as it ...
Celsius Increased Its Total Paid Crypto Loan Interest Twice Since November
Celsius Network reportedly doubled its interest payments in the last three months since its previous disclosure in November 2019. This represents one more signal of the constant growth of the ...
Dolomite DEX Introduces Margin Trading with Stop-Loss
Dolomite DEX (non-custodial decentralized exchange) stated that it will introduce a margin trading that will feature stop-loss orders on November 4. In a press release, the company explained that its ...
Top 5 Stablecoins. All You Need to Know
Despite the overwhelmingly negative sentiment fostered by investors towards cryptocurrencies for most of 2018, the industry continues to experience rapid technological development that looks poised to improve certain aspects of ...
Unbanked: This Guy Founded a Legal Company with the Stablecoin DAI
Bureaucracy is one of the issues that always haunt entrepreneurs in some parts of the world. However, it looked strange to see that this became an issue to cope up ...