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Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral?

Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral?

Synthetix’s sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and...
Sky Protocol (Maker DAO) posts record December fees, closes the second most successful year since 2021

Sky Protocol (Maker DAO) posts record December fees, closes the second most successful year since 2021

Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain ...
Tron DAO loses Bitcoin backing, Justin Sun cites 300% collateralization as the reason

Tron DAO loses Bitcoin backing, Justin Sun cites 300% collateralization as the reason

The Tron DAO Reserve moved out 12,000 BTC worth around $730 million at press time. Tron founder Justin Sun noted the over-collateralization of Dece...
MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns

MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns

BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and sh...
Exploring Advanced DeFi Strategies: Liquid Staking and Vaulting Options

Exploring Advanced DeFi Strategies: Liquid Staking and Vaulting Options

The decentralized finance (DeFi) landscape has undergone a significant evolution, becoming a pivotal component in the blockchain and cryptocurrency...
MakerDAO closes the year with this milestone

MakerDAO closes the year with this milestone

MakerDAO is the most successful DeFi protocol in 2023 in terms of revenue.
Aave Community Proposes Innovative Stability Module For GHO

Aave Community Proposes Innovative Stability Module For GHO

Aave community conducts a vote for introducing a Stability Module (PSM) for the GHO stablecoin. Read more... Coincu News
DeFi Protocol Thala Will Launch Thala V2 In Stages In August

DeFi Protocol Thala Will Launch Thala V2 In Stages In August

Thala Protocol announces Thala V2 with a phased rollout and significant updates, including Peg Stability Module, incentives for borrowing, and reva...