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Weekly News

MakerDAO passes proposal for $750M increase in US Treasury investments

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. Lending protocol and stablecoin issuer MakerDAO passed a proposal on…

Continue ReadingMakerDAO passes proposal for $750M increase in US Treasury investments

Swiss Bankers Association proposes deposit tokens to develop digital economy

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been touted by JPMorgan. The Swiss Bankers Association released a white…

Continue ReadingSwiss Bankers Association proposes deposit tokens to develop digital economy

Bitcoin bears could face $440M loss in Friday’s options expiry

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry. The rejection that followed Bitcoin’s (BTC) rally to $26,500…

Continue ReadingBitcoin bears could face $440M loss in Friday’s options expiry

Orca DEX to block US users from trading with its interface

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however. The Solana-based decentralized exchange (DEX) Orca will block all United…

Continue ReadingOrca DEX to block US users from trading with its interface

Ethereum core developers set April 12 for Shanghai hard fork

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum’s transition to a PoS consensus. The target date for the highly anticipated Shanghai hard fork on Ethereum…

Continue ReadingEthereum core developers set April 12 for Shanghai hard fork

FTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on YouTube. A class-action suit led by Edwin Garrison has been filed against “FTX influencers,” mostly…

Continue ReadingFTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion

Shiba Inu community divided over allegations of code, chain ID plagiarism

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

“I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID,” wrote one user. A series…

Continue ReadingShiba Inu community divided over allegations of code, chain ID plagiarism
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