The core SUI team asked Binance, ByBit, KuCoin, OKX, and other crypto exchanges not to list perpetual trading contracts for the token that was issued today. At least four major exchanges committed to supporting SUI trading...
Summary: MakerDAO will tap digital bank Sygnum for its diversification effort. This comes after the community voted to deploy excess funds and non-yield-bearing assets from Maker’s treasury into external investment vehicles. Majority of the Maker community...
Summary: The MakerDAO proposal to earn yield from a Yearn Finance vault was backed by the governance community. Yearn Finance’s special investment vehicle or vault has a cap of $100 million. The USD Coin treasury allocation...
The community behind MakerDAO has voted in favor of a proposal that will see the DeFi protocol purchase $1.28 billion worth of short-dated U.S. Treasuries.
MakerDAO is considering a proposal to increase the DAI savings rate up to 8%. The DeFi lender's community has voted overwhelmingly in favor of the proposal.
MakerDAO has purchased a second batch of U.S. Treasury Bonds worth a whopping $700 million. The purchase of part of the DeFi lending protocol's attempts to diversify the assets backing its DAI stablecoin.
Summary: Maple’s Monday statement said that Orthogonal Trading defaulted on eight loans worth around $36 million. The loans were tied to two pools operated by Mavens M11 credit. Maple founder Sid Powell expressed shock and disappointment...
Web3 social platform Friend.tech has netted more than $ 2 million to MEV bots that snipe keys.
Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out...
Summary: On-chain data showed that multichain transactions on Polygon, Avalanche, zkSync Era, and Kava networks resumed on Monday. Cross-chain services across 11 chains remain suspended as the team announced last month. Users first reported abnormal activity...
The CEO’s sister was arrested in China days after she moved $220 million in user funds to wallets under her control. Multichain’s team also confirmed the news that CEO Zhaojun was arrested by China police in...
Summary: Near Protocol is set to launch its very own algorithmic stablecoin known as $USN The launch of USN will be in partnership with other well-capitalized stablecoins to offer attractive APYs in the Near ecosystem Near...