Crypto Currency

Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value […]
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Crypto Currency

What Is Next for Ripple’s XRP? Whale Activity and Stablecoin Approval Boost Optimism

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Just a few days after Ripple’s stablecoin officially obtained
approval from the New York authorities, optimism remains high about the cryptocurrency’s potential. Although the price is consolidating in the daily chart, the trend is positive in the weekly chart. The price at the time of publication was $2.41…
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Crypto Currency

Shiba Inu (SHIB) or Lightchain AI? Which Holds the Real Long-Term Potential?

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Crypto Currency

FOMO Could Catapult Bitcoin to $150K by Mid-2025 — BTC to Become a ‘Must-Have’ Asset

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Crypto Currency

Could Avalanche’s DeFi Dominance Be Challenged by This Presale Crypto?

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