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MakerDAO Intends to Depeg DAI from USDC

MakerDAO Intends to Depeg DAI from USDC

Announcing through Discord, MakerDAO’s founder Rune Christensen revealed that the DeFi protocol might consider de-pegging its native token DAI from stablecoin USD Coin (USDC).

THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment

THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment

Multicoin Capital has made an unusual move by betting big on THORChain (RUNE), a digital currency that is not widely acclaimed like BTC

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High

The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.

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