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: MakerDAO
Crypto Not As Inconsistent As It Seems, Andreessen Horowitz Report
Andreessen Horowitz, a top venture capital firm looked at four fundamental metrics for three crypto cycles which show continuous growth. According to experts from this firm, the past growth of ...
1000 WBTC Minted on ETH Thwarts Whole Lightning Network
A single transaction on May 13 created more Wrapped Bitcoin (WBTC) on the Ethereum network compared to the cumulative amount of BTC locked in the entire Lightning Network. A thousand ...
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 ...
CF Benchmarks Becomes the First Index Provider to Obtain FCA License
CF Benchmarks, the firm that provides an index to the widely known CME Group, has gotten the necessary approval from the Financial Conduct Authority (FCA) to become a Benchmark Administrator, ...
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 ...
Everything You Need to Know About Stablecoins
Cryptocurrencies present lucrative opportunities to investors, but are subject to volatility. On the other hand, stablecoins, as the name suggests, provide a degree of measurable stability in uncertain economic times ...