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Dernières de Krisztian Sandor
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.
Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.
Decentraland’s MANA Token Jumps as Metaverse Tokens Outperform Crypto Markets
Metaverse tokens are the best-performing sector in crypto so far this year, as the CoinDesk Culture and Entertainment (CNE) index is up 37% since the start of the year.
DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
The on-chain funds are directly invested in exchange-traded funds managed by BlackRock and Pimco.
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following the demise of FTX.
Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
Traders liquidated some $245 million worth of short positions, according to Coinglass.
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.
