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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis

During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop.

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Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging

Over the weekend, a wallet with the name Vitalik Buterin paid 500 ether, or just over $700,000, to create the.

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Blockchain News

‘Desperate’ Stablecoin Investor Pays $2 Million for Just $0.05 in $USDT After $USDC and $DAI Depeg

In an on-chain deal, a “desperate” cryptocurrency investor paid well over $2 million to switch into $USDT from an investment.

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MakerDAO Invests in Government Treasuries  

MakerDAO all set to invest in government treasuries and bonds to fight the bear market. A total of 500 million.

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UST and MIM are “solid Ponzis” that will go to zero, according to a Maker co-founder

Rune Christensen, one of the co-founders of the company that created and developed DAI, a decentralized stablecoin, has singled out.

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Centralized Stablecoins remained resilient.

Crypto crash sees that the centralized Stablecoins are retaining pegs while algorithmic tokens suffer. Two stable tokens are currently ranking.

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