Tag: xdai chain

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Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns

In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s...

SushiSwap proposes shift to ‘Labs model’ in DAO shake up amid social drama

SushiSwap’s head chef, Jared Grey, said the ongoing controversy surrounding the protocol’s proposed transition to a Labs model is primarily driven by “former...

Ethena Lab’s Bitcoin-Backed USDe

Ethena Lab has announced that it will back its USDe synthetic dollar with Bitcoin (BTC).Ethena works to provide derivative infrastructure to transform Ethereum into...

U.S. Government NIST Allocates $3.6 Million to Combat Cybersecurity Skills Shortage

United States National Institute of Standards and Technology (NIST) has allocated nearly $3.6M in cooperative agreements aimed at bolstering the cybersecurity workforce. With...

Aave Proposes Measures to Mitigate MakerDAO’s DAI Expansion Risks

Aave, one of the prominent players in the DeFi space, has recently unveiled a strategic proposal aimed at addressing the risks associated with...

Whales Buy Up 5% Of Stablecoin Supply, What Are They Up To?

On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks. Whales...

Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move

Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous organization (DAO) overseeing Aave to remove DAI stablecoin’s collateral...

Full Schedule Released for Hong Kong Web3 Festival 2024

Following the success of its record-breaking 2023 event, HK Web3 Festival is returning for its second edition from 6 to 9, April at...

Shiba Inu (SHIB) Loses Steam as Whale Offloads 500 Billion Tokens

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information...

Solana’s Meteoric Rise in Q1 2024: What’s Behind the Hype?

Solana was under speculation in 2022 following the FTX collapse and SBF BFF drama, dropping in value from November 2021. Fast forward to...

Swapr integrates OpenOcean to boost DeFi capabilities

It is a matter of great pride for Swapr as the widest-reaching aggregator will be integrated into Swapr. The creative folks at Swapr...