TL;DR MakerDAO, the organization behind the stablecoin DAI, has implemented emergency fee increases in response to unprecedented market volatility and a significant reduction in reserves. The aim is to
It has been reported that the Ethereum Foundation has executed a transaction selling an additional 700 ETH. The sale, amounting to 1.68 million DAI, was conducted
The Polygon-based USDR stablecoin, which is typically pegged to the US dollar, lost nearly 50% of its value, falling to $0.52. This significant loss of value
The crypto domain is a fast-changing and dynamic field. New technologies and concepts emerge in the market before investors can fully grasp them. DAI is a cryptocurrency
The MKR governance token of MakerDAO previously surged by more than 10% just a while ago, and the move defied slumping crypto prices. The platform managed
MakerDAO, a decentralized finance (DeFi) protocol and the issuer of stablecoin DAI, has unveiled a new lending and borrowing system called “Spark Protocol”.
In a shocking development, the Economy Minister of Argentina, Martin Guzman resigned from his post, causing disruption among Argentines. Several cryptocurrency exchanges in the country experienced
Stablecoins are an integral part of the crypto world. These digital coins are pegged to other assets. These assets can be traditional currencies, like the Euro,
![Bitcoin [BTC] Sees Unprecedented Capital Inflows; Here's What It Means](https://crypto-economy.com//wp-content/uploads/2021/05/harrison-kugler-GI1oheiVl9c-unsplash-e1620322536272.jpg)
Bitcoin’s [BTC] price has continued to gyrate below the psychological resistance level of $60K. This rendered swing trade probabilities unattractive. But 2021 is the year that
Ethereum-based DeFi protocol Maker has announced an Optimism-DAI Bridge to be launched on its platform to bring speed and fee enhancements in its next upgrade on Layer-2.
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