MakerDAO Plans To Invest $500 Million To Fewer Risk Treasuries And Bonds
MakerDAO wants to make money with its stablecoin, DAI, by investing in traditional assets like US treasuries and maybe even corporate bonds. MakerDAO is now voting on a plan to invest 500 million Dai stablecoins in a mix of US treasuries and bonds to help it weather the bear market and utilize untapped reserves. Following […]
BlockFi Gets Money Services License In Iowa
Even though Iowa’s regulator gave BlockFi a big fine just two weeks ago, the company now has a license in the state. BlockFi, a crypto lending platform, stated on June 28 that it has earned a Money Services License in Iowa, just two weeks after being fined by Iowa regulators for marketing and selling unregistered […]
Embattled Ronin Bridge To Axie Infinity Reopens After $600 Million Hack
After Sky Mavis put in place a circuit breaker system and daily withdrawal limits, the Ronin bridge to Axie Infinity is back up with a new look. Sky Mavis, the developers of the popular play-to-earn (P2E ) NFT game Axie Infinity, have revealed that the Ronin bridge is now operational again, three months after it […]
Best Security Practices For Crypto Holders And Investors
The security practice of cryptocurrency is a prevalent issue among investors as protecting your crypto from scam/theft is important. Cryptocurrency is garnering huge popularity as its value keeps enthusing a large number of people into the crypto market, although it is characterized by volatility many new investors are jumping into the fray. Hackers and other […]
Data Shows Shocking Future Of Ethereum Mining
Ethereum mining is becoming less profitable even as its trading increases in anticipation of further price fall. Miners have found it difficult to manage their operations as the timetable of the Ethereum Merge become uncertain in the recent past. In truth, the developers have repeatedly postponed the all-important “difficulty bomb” in the merge. This made […]