In a move set to shake up the decentralized finance (DeFi) landscape, the MakerDAO community is poised to vote on a groundbreaking proposal that could significantly impact interest rates across the sector. The proposal seeks to raise the Dai Savings Rate (DSR) from its current 1% to an enticing 3.33%,
May 27, 2023 2 mins read
In the wee hours of Monday morning, Dash encountered a turbulent episode in its transaction processing and block production, as revealed by the esteemed Dash Core Group CTO, Samuel Westrich. With a flair for technological drama, Westrich took to the virtual realm of Twitter to unveil a gripping tale of
May 23, 2023 2 mins read
In the aftermath of a failed acquisition by Binance.US, Voyager Digital, a crypto lending firm, has announced that its customers will be able to reclaim approximately 35% of their cryptocurrency deposits. As the company prepares to conclude its operations, this measure aims to provide some compensation to affected users. Judge
May 18, 2023 2 mins read
In a resounding display of unity, the Group of Seven (G-7) intergovernmental political forum has voiced its unwavering dedication to embracing the upcoming regulations for overseeing crypto assets set forth by the Financial Stability Board (FSB). Additionally, the G-7 has reaffirmed its support for the International Monetary Fund’s (IMF) guidelines
May 16, 2023 2 mins read
In a significant development for the blockchain gaming and decentralized finance (DeFi) sectors, Polygon (MATIC) has emerged as the undisputed leader in GameFi, boasting the highest number of active wallets across all Layer-1 solutions over the past 90 days. .@0xPolygon has the most active GameFi wallets out of all Layer-1s
May 15, 2023 2 mins read
Digital Asset, a renowned leader in blockchain solutions, has made a groundbreaking announcement in collaboration with Goldman Sachs, Microsoft and others with its plans to unveil a cutting-edge privacy-enabled blockchain network explicitly tailored for institutional clients. This highly anticipated development promises to revolutionize blockchain by providing a decentralized infrastructure that
May 9, 2023 1 min read
On Tuesday, the world’s largest crypto exchange, Binance, expanded its support for the newly listed meme coins PEPE and FLOKI. Binance took the initiative of listing both PEPE and FLOKI in the Innovation Zone on May 5, and it was surprising to see them add PEPE and FLOKI to all
May 9, 2023 2 mins read
Shiba Inu (SHIB), the second largest memecoin, witnessed a surge in volume as large buyers took center stage, outpacing the selling pressure. In the past week, bulls marked an extraordinary milestone, with the volume of purchases by influential investors surpassing a staggering 10.25 trillion SHIB. On the contrary, the sales
May 8, 2023 1 min read
In a groundbreaking move, the State of Montana has emerged as a frontrunner in cryptocurrency adoption. The news has sent shockwaves through the financial world and further solidified Montana’s reputation as a haven for Bitcoin (BTC) enthusiasts. 🇺🇸‼️ US state of Montana bans ALL taxes on #Bitcoin when used for
May 6, 2023 2 mins read
In a significant development for the crypto trading community, leading cryptocurrency exchange WazirX has announced the introduction of the Indian Rupees (INR) market for trading the popular token, Injective (INJ). This move allows users to seamlessly buy, sell, and trade INJ with INR on the WazirX platform, offering enhanced accessibility
May 6, 2023 2 mins read