Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized.
The Optimism-Dai Bridge will allow fast withdrawals later this year.
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency.
Buying in these stablecoins may foretell where the crypto market is going.
Maker’s MKR token surged to its highest level in more than two years.
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.
This is the story of a Redditor’s roundabout way of making a hefty Bitcoin profit.
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million.
DAI reached a price of $1.3 on Uniswap and Coinbase, the two exchanges used by Compound’s oracles.
Popular decentralized finance protocol Pickle Finance was hacked on Saturday, draining $19.7 million in DAI.