Maker DAO just received an influx of almost 2,500 Bitcoin in the past 48 hours, as the number of Wrapped Bitcoin (WBTC) locked in the decentralized finance app increased by 1,921%. Maker DAO is a decentralized lending protocol on Ethereum, which issues the stablecoin Dai (DAI) in return for ETH-based collateral. Since BTC can be...Read More
The CEO of Ren protocol, Taiyang Zhang, recently announced the launch of yet another DeFi liquidity solution for the crypto ecosystem. Keeper DAO looks to offer many of the same services of traditional underwriting services but will instead focus on non-custodial crypto markets. Binding the DeFi Community Together The rise of decentralized financial products like...Read More
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like...Read More
