The Maker Decentralized Autonomous Organization (MakerDao) has proposed raising interest rates on its DAI stablecoin. Under the proposal, the DAI Savings Rate (DSR) will rise from 1% to 3.3%. If the proposal passes, its consequences […]
Avorak has been hitting the headlines for its state-of-the-art products that manage to combine the instantaneous transactions of blockchain with the power of AI. Developing these contracts and web3 takes significant skill, knowledge, and prowess. […]
Key takeaways Kava is one of the worst performers today after losing more than 8% of its value in the last 24 hours. The poor performance comes as KAVA retraces from its recent rally. Kava […]
Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to take to fulfill his dream wasn’t very straightforward. In an episode of Cointelegraph’s Crypto Stories, Cheds shared […]
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the […]
Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing […]
KAVA price jumped more than 40% despite the overall market lull, reaching highs of $1.56 on Binance. While there was no clear trigger for the surge, Kava has had a few major developments in recent […]
The Cryptocurrency exchange Gemini is attempting to get a lawsuit against it dismissed. In a submission to the New York court where it is being sued by the Securities and Exchange Commission (SEC), Gemini has […]
The community of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will soon vote on a proposal to increase its Dai (DAI) stablecoin’s savings rate (DSR) to 3.33%. If it goes through, the move is tipped to have […]
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Dogecoin was […]
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