MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth

Opinion by: Casey Ford, PhD, researcher at Nym Technologies Web3 rolled in on the wave of decentralization. Decentralized applications (DApps) grew by 74% in 2024 and individual wallets by 485%, with total value locked (TVL) in decentralized finance (DeFi) closing at a near-record high of $214 billion. The industry is also, however, heading straight for

Open-source payments network Celo has announced its first round of development grant recipients.A press release shared with Cointelegraph states that Celo has awarded $700,000 in grants to 13 different companies who are looking to build on top of the network, contribute to the development of the Celo platform, or foster the Celo community.The project has…

Morgan Creek Digital has raised over $61 million for a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The…

With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures.Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with Block TV podcast on March 4 about his predictions for the future of currency — specifically the fate of decentralization.He claimed that digitalization is…

U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets. 553 Total views 14 Total shares The Securities and Exchange Commission could be emerging victorious in the race to secure the leading role in regulating stablecoins. Additional clarity on the demarcation of regulatory mandates…

Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While some panicked, other industry experts pointed out that the Bitcoin network has…

The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors. 363 Total views 5 Total shares Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by…

Some pundits shared harsh sentiment towards a new euro-pegged stablecoin, but it's not publically accessible for the time being. 143 Total views 46 Total shares Own this piece of history Collect this article as an NFTCriticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions.French…

A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able…