
PayPal to issue a new stablecoin in the US.Tether unveils new software to improve Bitcoin mining.Cypher Protocol suffered an exploit with close to US$1 million in losses.
This week’s market cap index, volume index and volatility index were all negative at -2.61%, -8.68% and -11.54%, respectively.
Check the latest prices on Crypto.com/Price
DAI stablecoin deposits on the MakerDAO protocol have surged as the interest rate for the Dai Savings Rate (DSR) reached 8%. The MakerDAO community approved a temporary increase in annual returns for depositing DAI into the protocol. Since the activation of the Enhanced Dai Savings Rate (EDSR) proposal on 4 August, the total amount of DAI deposited in the DSR contract has skyrocketed by 164% to reach 891 million DAI. The total supply of DAI has also increased by 13% from US$4.44 billion to $5.02 billion.
Recent Research Report | ||
---|---|---|
Alpha Navigator: Quest for Alpha [July 2023] | Real-World Assets: Bridging Real-World Value to DeFi | Crypto Market Sizing Report H1 2023 |
Recent University Articles | ||
---|---|---|
What Are Layer-0 Protocols? Infrastructure for Customised Blockchains | Top Governance Tokens to Know in 2023 | The Future of Ethereum: What to Expect in the Coming Years |
Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you!
Research and Insights Team
Disclaimer:
The information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.
The brands and the logos appearing in this report are registered trademarks of their respective owners.
Obtenez votre guide étape par étape pour ouvrirun compte sur Crypto.com
En cliquant sur le bouton Soumettre, vous reconnaissez avoir lu l'Avis de confidentialité de Crypto.com où nous expliquons comment nous utilisons et protégeons vos données personnelles.