Crypto Bot Executes $200 Million Flash Loan for $3.24 Profit
In a fascinating turn of events, an anonymous trader operating a cryptocurrency arbitrage bot recently made headlines by executing a flash loan transaction.
Blockchain News
Blockchain News
MakerDAO Community to Vote on Proposal Increasing Dai Savings Rate to Boost DeFi Landscape
The MakerDAO community is gearing up for an important vote that could have significant implications for the decentralized finance (DeFi) ecosystem. The proposal.
Blockchain News
Lido Withdrawals, Longer Queues, and its Impact on the Protocol: Analyzing it All
For a long time, Lido [LDO] has dominated the DeFi business. Following the protocol’s victory over MakerDAO [MKR] regarding TVL, the latter has.
Blockchain News
MakerDAO’s [MKR] Progress Stuck in the Mud Months after Lido’s [LDO] Rise
The decentralized finance (DeFi) space is no stranger to the constant fluctuation of value locked in protocols. MakerDAO [MKR] was once the DeFi.
Blockchain News
DeFi Pioneer MakerDAO Launches Lending and Borrowing Protocol Spark
MakerDAO, the DeFi pioneer, announced on May 8 that Spark Protocol would be released on May 9. The platform was billed as a.
Blockchain News
Arbitrum Begins DAO Token Allocation- Will ARB Face Red Again
Arbitrum [ARB] has begun allocating tokens to Decentralized Autonomous Organizations (DAOs) that have contributed to its network, according to Arbiscan. This token differentiation.
Blockchain News
MakerDAO Proposes New Changes to the Protocol, Details Inside
MakerDAO’s [MKR] governance has been quite busy in terms of writing new proposals over the previous few months. The protocol has worked to.
Blockchain News
Circle Calls for Direct Holding of USDC Reserve by Federal Reserve
Circle, the USDC stablecoin’s issuer, has advocated for the direct deposit of stablecoin reserves with the US Federal Reserve. On March 28, the.
Crypto News
Lido: TVL dips despite stETH demand, what will the protocol do next
In a tweet on March 28, Lido Finance [LDO] reported a 2% decline in its Total Value Locked (TVL) over the previous week..
Learn
What Is a Decentralized Autonomous Organization (DAO)?
A decentralized autonomous organization, or DAO, is a community-led organization that is run entirely by computer code and has no central authority. It.