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Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

EU Lawmakers Urged to Speed Up Passage of Crypto Law

EU Lawmakers Urged to Speed Up Passage of Crypto Law

Controversial provisions of the MiCA framework aim to simplify the rise of crypto businesses across the EU's 27 member nations.

Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions

Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions

Prometheum Ember Capital's designation as the first digital asset SPBD has raised concerns among Republican House Committee members.

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).

Bloomberg: FTX Bankruptcy Triggers 30% Profit Margin Drop for Crypto Market Makers

Bloomberg: FTX Bankruptcy Triggers 30% Profit Margin Drop for Crypto Market Makers

FTX's bankruptcy has reduced profit margins by 30% for crypto market makers, prompting reevaluation of risk profiles. Monthly spot trading volumes on centralized exchanges have plummeted 74%, causing firms to retreat.

The Sandbox Appoints Nicola Sebastiani as Chief Content Officer

The Sandbox Appoints Nicola Sebastiani as Chief Content Officer

The Sandbox announced the appointment of Nicola Sebastiani as its Chief Content Officer to bolster its global content development. With a notable background from Sony PlayStation Studios and Apple, Sebastiani is set to enhance The Sandbox’s creator and content ecosystems. Alongside, executive promotions were announced with Mathieu Nouzareth now as Chief Business Officer and Amit Kumar as Chief Marketing Officer, marking a strategic move towards expanding its global community and fostering user-generated content in its decentralized virtual platform.

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.

Oasis.app and Jump Crypto Retrieve $225 Million in Crypto

Oasis.app and Jump Crypto Retrieve $225 Million in Crypto

The hacker's vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21.

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT

US filmmaker Kevin Smith wants to release a new horror movie as an NFT.

MakerDAO Implements Emergency Measures Amid Market Volatility

MakerDAO Implements Emergency Measures Amid Market Volatility

MakerDAO approves an Executive Vote for crucial changes in response to market conditions, aimed at stabilizing the DAI peg and enhancing the protocol's resilience.

Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?

Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?

Yearn.finance, a decentralized finance (DeFi) protocol, has recently launched yETH vault, enabling the process of seeking the best returns for yield farmers

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.

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