The move comes at a time when traders are seeking alternative sources of capital value during an “uncertain macroeconomic climate.”
The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in existence.
Bitcoin briefly broke below $9,000 on Thursday, but the markets remain quiet.
Nexus Mutual is seeing a surge in demand. “Our product has honestly seen massive interest since yield farming kicked off,” said founder Hugh Karp.
With traditional markets moving up and BTC sticking to its recent tight trading range, Markets Daily is back with another bitcoin news roundup.
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.
The vulnerability allowed users votes in the recent constitutional poll to be decrypted, Russian journalists found.
A successful reverse takeover of Vertical Ventures would allow the crypto investment firm to appeal to a broader investor base, the firm said.
Payments processor BitPay has added support for SegWit, three years after a competing block size proposal fractured the Bitcoin community.
The Central Bank of Sri Lanka is about to decide who will develop a blockchain platform that could speed up the processing of bank users’ ID information.