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NFT & DEFI
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
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 broader…
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Multichain Token Crashes Over 20% Amid Reports of Users’ Funds Being Stuck
Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade.
There have also been rumors about the arrest of the Multichain team, which is…
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Bitcoin Ordinals Inscription Exceeds 5M After Doubling in a Week: Data
Ordinal inscriptions are on fire. Users are continuously flooding the Bitcoin network with images, video games, and other content.
There are now more than 5 million inscriptions. Over the past seven days, the total…
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Uniswap Surpasses $1.5T Trading Volume: Data
The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the decentralized market.
In fact, it remains one of the largest decentralized…
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Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania
The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period on Wednesday. Frogs sales outpaced Bored Apes Yacht Club, CryptoPunks, and other popular collections for…
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Ordinals sends LTC and DOGE network activity surging for 3 straight weeks
What began with developer Casey Rodarmor creating the Ordinals protocol to “inscribe” text and imagery on the Bitcoin (BTC) network has now made its way to Litecoin (LTC) and Dogecoin (DOGE), sending transaction volume on thosechains…
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Hyperbitcoinization is underway, RFK seeks Bitcoin donations…
Top Stories This Week
Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million
Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC.…
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IOVLabs Introduces a $2.5M Program to Boost the Development of Bitcoin’s Sidechain Rootstock
IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the adoption of Rootstock.
The latter is a sidechain tied with Bitcoin and…
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Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins
Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However, the majority of those who made money on such investments have only dealt with Pepe Coin…
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Uniswap will deploy on Polkadot parachain Moonbeam
The Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot, according to a May 17 approved proposal on the exchange’s governance forum. The proposal was put forward by educational group Blockchain at…
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