Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins

news.bitcoin.com Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This…

MakerDAO founder introduces new stablecoins: NewStable and PureDAI

cryptobriefing.com Rune Christensen, the founder of MakerDAO, has unveiled two new stablecoins, NewStable and PureDAI, as part of the protocol’s controversial Endgame plan. The new tokens are…

Infamous Pink Drainer Calls It Quits, Citing Mission Accomplished

cryptopotato.com After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin ‘Pink Drainer’ has vowed to erase all traces of its…

MakerDAO Founder Unveils Two New Stablecoins

thedefiant.io The new stablecoins are part of MakerDAO’s controversial Endgame plan and are intended to eventually replace DAI. Reconciling decentralization is the aim of MakerDAO’s…

Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off

coinspeaker.com Coinspeaker Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off Synthetix’s decentralized stablecoin sUSD has seen an unexpected turn of events after it…

Major lending protocol hit by $20M hack; Bitcoin DeFi tool loses $4.3M

finbold.com In a series of alarming incidents, two prominent decentralized finance (DeFi) platforms, Sonne Finance, and ALEX Lab, have been targeted by sophisticated hacks, resulting in…

Crypto Price Analysis 17/5: Key Altcoins to Focus If BTC Reclaims $70K

coingape.com Crypto Price Analysis: The BTC price rise to $65000 on Wednesday sparked a fresh recovery sentiment in the crypto market. The altcoins are rebounding from their prior…

ROLLUP: Memestock Mania

sites.libsyn.com The Bankless Friday Weekly Rollup Third Week of May ------ 📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT https://www.transporter.io/ ------ 🎙️ SPOTIFY PREMIUM RSS…

Trader Who Realized $8.2M from Shiba Inu is Now Buying this Coin

thecryptobasic.com A savvy investor who secured over $8 million return from Shiba Inu has changed his focus to another high-performance asset amid the recent market frenzy. Recently, crypto…

MakerDAO to Launch Fully Decentralized Stablecoin

beincrypto.com MakerDAO, the decentralized autonomous organization behind the Dai stablecoin, has announced plans to introduce a new stablecoin named PureDai. This move, expected to…

MakerDAO Announces PureDai: Decentralized Stablecoin to Replace DAI

coinspeaker.com Coinspeaker MakerDAO Announces PureDai: Decentralized Stablecoin to Replace DAI Rune Christensen, CEO and co-founder of MakerDAO, announced in a post on X that a new token…

MakerDAO’s dual stablecoin solution promises to resolve longstanding trilemma

cryptoslate.com Rune Christensen, the founder of MakerDAO, has proposed a novel solution to the Stablecoin Trilemma. This trilemma posits that achieving a stable value pegged to the dollar,…

Major Crypto Scams Exposed: $25 Million Ethereum Theft and Canadian ‘Crypto King’ Arrest

beincrypto.com The Department of Justice (DOJ) announced the arrest of Anton and James Peraire-Bueno. These Massachusetts-based brothers allegedly stole $25 million from the Ethereum (ETH)…

PEPE whale reaps 8x profit amidst new ATH: Should you sell as well?

ambcrypto.com In the world of crypto meme coins often provide some of the most dramatic and interesting market movements, and Pepe [PEPE] is no exception. Recently, this frog-themed…

Pepe Price Struggles After Breaking ATH: Is A Pullback On The Horizon For Pepecoin?

coinpedia.org The post Pepe Price Struggles After Breaking ATH: Is A Pullback On The Horizon For Pepecoin? appeared first on Coinpedia Fintech News The meme coin market has seen a strong…

US indicts Ethereum validators for exploiting MEV trader

protos.com Anton Peraire-Bueno and James Peraire-Bueno, two brothers who operate Ethereum validators, have been indicted in the Southern District of New York on charges of wire fraud,…

Hundred Finance’s $7.4 million stolen last year starts to move

dlnews.com In April last year, a hacker exploited a bug in Optimism-based DeFi protocol Hundred Finance, making off with $7.4 million. After over a year of silence, the stolen funds…

Pepe Price Prediction As $3.5B Trading Volume Rushes In: Next PEPE Target $0.0001?

coingape.com Pepe price prediction: Pepe, a cryptocurrency inspired by a popular frog meme, has surged 5% in the past 24 hours. This increase reflects growing interest in meme-based…

Pepe Coin: Whale Nabs 8x Profit As Price Sustains Momentum To New ATH

coingape.com Pepe Coin, the recent buzz around the crypto community, has defied all market expectations, soaring to unprecedented levels. The price of this frog-themed meme coin has…

DAI-ling back in: Breaking down DAI’s circulating supply

theblock.co DAI’s supply has been growing at a rapid pace since early March, rising more than 20%.

A Big Warning for Crypto Users: Massive ETH Deposits Into Tornado Cash Traced to Notorious Hacker

coinpedia.org Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its…

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

cointelegraph.com Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe.

Wallets to Consider in 2024

cryptopotato.com USDT is one of the oldest and most popular stablecoins. It is a household name that has expanded the functionalities of DeFi and other branches of the crypto industry.…

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

coindesk.com The expansion of stablecoins, or the dollar-pegged cryptocurrencies, which played a crucial role in the crypto bull market of the first quarter, has halted since the Bitcoin…

Hacker returns $71 million worth of crypto to phishing victim

finbold.com A whale lost 1,155 Wrapped BTC (WBTC), worth $71 million, due to a phishing attack on May 3. Surprisingly, the attacker returned all the funds to the victim a week later. On…

Transparency at Its Peak: Bybit Releases Full Proof-of-Reserves, Reinforcing Market Trust

cryptopotato.com [PRESS RELEASE – Dubai, United Arab Emirates, May 10th, 2024] Bybit, one of the world’s top three crypto exchanges by volume, has once again underscored its dedication to…

Ethereum Foundation Moves 1,000 ETH

newsbtc.com The Ethereum Foundation, a non-profit organization that supports the Ethereum ecosystem, recently transferred a significant amount of ETH. Given what this transaction could…

Scammer's Regret? $71 Million Bitcoin Thief Sends Ethereum to Victim

decrypt.co The Ethereum user who accidentally sent $71 million worth of Wrapped Bitcoin to the wrong address last week—after being hit with an apparent “address poisoning” scam—may be…

Sell-Off Or Strategic Move? Ethereum Foundation’s 1,000 ETH Transfer Raises Eyebrows

bitcoinist.com Ethereum, the second-largest digital asset by market capitalization, has been under the spotlight once again. Recent movements of ETH by the Ethereum Foundation have stirred…

Ripple Predicts Stablecoin Market Could Reach $3T by 2028

coingape.com As the stablecoin market is growing, this segment is expected to reach $3 trillion by 2028, according to Ripple. Legal issues aside, including some scrutiny from the…

DeFi Protocol Hedgey Finance Suffers $44M Hack

thedefiant.io The platform suffered two parallel attacks on Arbitrum and Ethereum. It looks like Hedgey Finance didn’t hedge itself. DeFi platform Hedgey Finance suffered two attacks…

Stablecoin surge: Tether's headroom for growth

coindesk.com The market cap for stablecoins has grown considerably in the past six months, increasing from $122 billion in October 2023 to $157 billion in April 2024. Among stablecoin…

Ethereum Foundation’s $3M ETH Shift Creates Worries

coinpedia.org The post Ethereum Foundation’s $3M ETH Shift Creates Worries appeared first on Coinpedia Fintech News Ethereum is floating in a turbulent wave due to massive whale activity…

Ethereum Foundation Shifts $3M ETH Sparking Future Price Dip Concerns

coingape.com In an unprecedented turn of events, the Ethereum Foundation, a non-profit organization jacking up Ethereum, shifted noteworthy amounts of ETH to a multisign address today,…

Ethereum Foundation’s $3M ETH Move Signals Bearish Trend?

coinpedia.org The post Ethereum Foundation’s $3M ETH Move Signals Bearish Trend? appeared first on Coinpedia Fintech News Recently, the Ethereum Foundation shifted 1,000 ETH ($3M) to a…

Spark: Maker's Rising DeFi Star on Bankless

bankless.com The lending protocol plays a big role in Maker’s vision, one that leaves U.S. users behind? Earlier this week, we unpacked the latest plans for Maker's ambitious Endgame…

The Usage & Evolution of Decentralized Exchanges (DEX’s)

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: • None Regulatory Impact and Market Adaptation: The SEC's scrutiny of Uniswap highlights the regulatory…

Stablecoins dominated by bots, only 10% real users

ambcrypto.com None Over 90% of stablecoin volumes are linked to bots and large traders. • None The findings suggest that stablecoin payments haven’t hit mainstream adoption yet. Only less…

Ethereum: DAI stablecoin takes the cake in April, more inside

ambcrypto.com Despite the broader cryptocurrency market experiencing recent downturn, Ethereum [ETH] has shown resilience, not only in market performance but also within its stablecoin…

From Solana to Ethereum: Exploring Furrever Token’s Dual Impact with $10,000 Competition

coinpedia.org The post From Solana to Ethereum: Exploring Furrever Token’s Dual Impact with $10,000 Competition appeared first on Coinpedia Fintech News In the realm of cryptocurrencies,…

Ethereum Breaks Monthly Stablecoin Volume Record in April

watcher.guru Following the emergence of one prominent contributor, Ethereum broke its monthly stablecoin volume record in April. Indeed, the network volume last month was a significant…

One Bitcoin Whale Moved $44 Million While Another Sold $14 Million

beincrypto.com whales have stirred the cryptocurrency market with their recent transactions. One whale moved a significant amount of BTC after a decade-long dormancy, while another…

Why MakerDAO Has Sold $31.20 Million in MKR in Two Months

beincrypto.com MakerDAO has recently executed substantial sales of its governance token, MKR. According to the on-chain analytical platform Spot On Chain, MakerDAO’s Multisign 0xbba…

Visa’s Data Shows Over 90% of Stablecoin Transactions In April Emanated from Crypto Bots

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…