Depegging DAI from DAO Is a Strong Consideration, Says Founder of MakerDAO

Posted on August 19, 2022 by Morgan Cook

Rune Christensen, the founder of MakerDao has recently asked the community members to make a decision regarding DAI’s depegging. DAI’s Depegging DAI is a USD-pegged stablecoin backed by Maker (MKR) Continue Reading →

DeFi Companies Yearn Finance and Iron Bank Join Layer 2 Protocol Optimism

Posted on August 18, 2022 by Morgan Cook

On Tuesday, decentralized finance (DeFi) lending and borrowing platforms based on Ethereum, Yearn Finance, Homora and Iron Bank all joined Optimism, the lawyer 2 network. The reason for joining the Continue Reading →

Binetrix Review – Is It a Legit Trading Platform?

Posted on August 18, 2022 by Morgan Cook

Binetrix Review Online trading is one of the investment opportunities guaranteeing massive returns. This industry has flourished over the past years, ensuring heightened quick returns. Do you want to jump Continue Reading →

Chainalysis says Crypto Hacks Rise with DeFi the Hot Target

Posted on August 17, 2022 by Morgan Cook

Blockchain analysis firm Chainalysis published a blog post in which it said that there had been a 60% increase in the losses occurring because of cryptocurrency hacks. These had happened Continue Reading →

Defi Protocol’s Stablecoin Depegs After Exploit

Posted on August 16, 2022 by Morgan Cook

2022 has seen a number of stablecoins breaks, as a myriad of them that were pegged to the US dollar ended up getting depegged from their value. August 14th saw Continue Reading →

Binance CEO Claims To Have Recovered $450 Million From Curve Finance Attack

Posted on August 15, 2022 by Morgan Cook

After the recent attack on DeFi protocol, Curve Finance, the CEO of Binance, announced that the exchange had managed to recover funds of about $450 million. The hackers had stolen Continue Reading →