XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Troubled crypto lender Celsius paid down $183 million of its debt to the decentralized lending protocol Maker, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped. “The Hash” team discusses what’s next for Celsius and the wider state of DeFi.
The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future.
The price of Maker DAO s token Maker MKR has been soaring past 4 K amid news that Maker DAO is bridging real estate with the blockchain world Maker DAO Head of Real World Finance Sébastien Derivaux discusses the latest price surge and how people can put real world property on the blockchain and borrow [...]