Recent DAI News

Investors flee USDC after asset Freeze
BTC, ETH, DeFi, BUSD

Decentralized Stablecoin NeededInvestors flee USDC after asset Freeze

The recent sanctions placed on Tornado cash and addresses linked with it have led to serious concerns amongst market participants over censorship resistance of the top stablecoins. The centralized nature of the top stablecoins means their issuers can freeze transactions as they please, which has led ...

Celsius Network repaid another $34 million
DAI, BTC, binance, bitcoin

No liquidation soonCelsius Network repaid another $34 million

Celsius Network repaid another $34 million to MakerDAO, in an effort to avert a total collapse. This marks the second such repayment in less than 24 hours. Currently, the crypto lender has 21,962 wBTC as collateral and $41.2 million DAI debt positions. Earlier this week, the liquidation price stood ...

Multichain Bridge will fusion with RSK blockchain!
DAI, BUSD, USDC, DeFi

Multi-chain bridge enhances DeMultichain Bridge will fusion with RSK blockchain!

Multichain, a decentralized cross-chain router protocol, has announced integration with RSK blockchain, a Bitcoin merge-mined smart contracts platform. The integration aims to facilitate the transfer of ETH, USDC, BUSD, and other assets between RSK, Ethereum, and BNB Chain. The broader focus of t ...