Tag: DAI
Coinbase Offers Access to DeFi Yields With DAI and Compound
“Today we’re introducing a new way for Coinbase’s global customers to put their crypto to work and earn yield. We are making DeFi more accessible, [...]
Dai
Dai is a decentralized cryptocurrency built on Ethereum stabilized to the value of U.S. dollars. The asset is pegged 1:1 to dollars via what is kno [...]
Societe Generale proposes historic $20M DAI loan in exchange for bond tokens
One of France’s leading banks has turned to decentralized finance pioneer MakerDAO to propose the submission of bond tokens as collateral for a loa [...]
‘Sport changer’ for Maker and Ethereum with Optimism Dai bridge introduced
The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some pace and price enhancements with its forthcoming improve on [...]
Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Misplaced Unclear
Yearn Finance has suffered an exploit in one in every of its DAI lending swimming pools, in line with the decentralized finance (DeFi) protocol’s o [...]
Bullish Signal for Crypto? USDC and Dai Balances on Exchanges Hit File Highs
Balances of dai (DAI) and USD coin (USDC) on exchanges reached new all-time highs prior to now week, based on knowledge from Glassnode.The rise cou [...]
Coin Heart Donations High $100Ok Value of Dai Following Anti-Stablecoin Invoice Proposal
Anti-stablecoin laws has been a boon for donations to Coin Heart, a cryptocurrency assume tank and coverage advocacy group, with the group receivin [...]
Compound liquidator makes $4M as oracles submit inflated Dai value
The crypto market suffered a robust crash on Thursday morning UTC, which despatched costs of main currencies like Bitcoin (BTC) and Ether (ETH) tum [...]
Worth DeFi protocol hacker flooded with sob tales after returning $95Ok DAI
On Nov 14, an unknown occasion exploited flash loans through the decentralized finance protocol Worth DeFi to the tune of $5.four million. Quite a [...]
Akropolis DeFi protocol ‘paused’ as hackers get away with $2M in DAI
Hackers had been reportedly capable of exploit financial savings swimming pools at Gibraltar-based decentralized finance protocol Akropolis, gettin [...]
DeFi Undertaking Akropolis Token Pool Drained of $2M in DAI
Decentralized finance platform Akropolis’s yCurve swimming pools have been drained ensuing within the lack of $2 million.
www.coindesk.com [...]
Blockchain Bites: $16Okay BTC, $1B DAI, $13.6B TVL in DeFi
MakerDAO’s DAI stablecoin is the newest crypto unicorn with a $1 billion market cap. DeFi’s whole worth locked hit a lifetime excessive. Hedge fund [...]
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
“One billion Dai in circulation is a big milestone and a strong validation that individuals world wide need extra entry, extra transparency and ext [...]
Yield farming fuels 623% development in DAI provide to almost $1B
Decentralized finance’s (DeFi) explosive third-quarter introduced important development to Ethereum (ETH)-compatible stablecoins.In keeping with cr [...]
Tether Nonetheless Dominates Stablecoins, however USDC and Dai Are Successful DeFi
Whereas tether (USDT), with a market cap surpassing $16 billion, continues to carry the lion’s share of stablecoins in circulation, two smaller riv [...]