The Hero.io platform utilizes AI to inform crypto trading decisions and strengthen user privacy. In accordance with the ethos of decentralization, it also puts users’ data back into their own hands. This guide explains everything you need to know abo
Ethereum is flat at press time, moving inside a narrow $400 range with caps at $2,300 on the lower end and $2,800 as the upper limit. Even though investors are upbeat, expecting prices to soar in the coming sessions, uncertainty continues to engulf t
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI
So far in 2024, the Ethereum Foundation has directly sold a total of 3,766 $ETH for approximately 10.46 million $DAI through CoWSwap.
Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high. Ove
The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an aver
Based on trading volume, dollar pegged stablecoins Tether ($USDT), USD Coin ($USDC), and Dai ($DAI) account for over 94% of the total stablecoin market.
According to Sky, DeFi Saver will also provide migration instruments for $MKR and $DAI along with backing $SKY and $USDS.
Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Related Reading: Ether Liqui
Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market’s fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of th
Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Et
Decentralized blockchain protocol MakerDAO has announced an upgrade for DAI and MKR tokens. The platform released two new assets, NewStable and NewGovToken which will exist alongside DAI and MKR. This is part of MakerDao’s Endgame plan to improve the
On Monday, MakerDAO officially launched the Spark Tokenization Grand Prix, an ambitious competition to onboard up to $1 billion of tokenized assets, particularly focusing on short-duration US Treasury
Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.
Wrapped Bitcoin (wBTC) corresponds to approximately 10% of the overcollateralized stablecoin DAI reserves, which investors now consider removing as collateral. … Continue reading
Decentralized stablecoin USDB, backed by DAI, has temporarily lost its peg to the U.S. dollar, dropping 6% in value. USDB, a decentralized stablecoin, has come under heavy pressure as its price in a m