MakerDAO, the organization behind the DAI stablecoin, has purchased $700 million worth of U.S. Treasury bonds, bringing the DAO’s total Treasury bond holdings to $1.2 billion. The MakerDAO community had already held the preliminary vote to increase its U.S. Treasury bond holdings from $500 million to $1.25 billion in March. The proposal passed with 77.13%…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Ad With the crypto market on an upswing, NEAR Protocol had a robust first quarter, with the circulating market cap of the native token NEAR rising 55% from the previous quarter to $1.67 billion at the end of Q1 2023, according to a Messari report. Comparatively, the global crypto market cap recorded a 46% increase….
Ad NEAR has launched a NEAR Community Purpose Trust to accelerate the allocation of funds to grassroots projects and utilize an innovative legal framework based on the Guernsey Special Purpose Trust, a type of trust that separates the legal title to assets from the beneficial interest in those assets. The initiative introduces a unique legal…
Ad Ethereum layer2 solution Arbitrum would airdrop 112.8 million ARB tokens to 137 decentralized autonomous organizations (DAOs) on its ecosystem on March 23. Arbitrum says airdrop is not a retroactive grant In a March 21 Twitter thread, Arbitrum said the airdrop was not a retroactive grant. Instead, it was a way of empowering the sub-communities…
Sushi DAO (SUSHI) declined the blockchain recruitment company CB Recruitment’s proposal to get paid for its role in recruiting Sushi’s Head Chef, Jared Gray. Roughly 80% of the cast votes declined or abstained from voting on the proposal — 55.26% declined while 24.1% abstained. Of the 20% who wanted the CB Recruitment paid, 14% wanted…
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $24,720.74 and BTC market dominance is %. The price of Ethereum is $1,648.97 and ETH market dominance is %. The best performing cryptoasset sector is Charity, which gained 2%.
Ad MakerDAO, the governance token behind the fourth largest stablecoin by market capitalization DAI, has decreased in trading volume by 37% and seen a 3.7% dip in token price over the last 24 hours. (Source: Coin Market Cap) The move follows significant changes proposed to Maker’s governance structure. Following the Tornado Cash sanctions last year,…