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MakerDAO’s spark protocol dominates lending market despite DAI challenges

MakerDAO protocol flourishes despite market challenges. Meanwhile, increased user activity and the success of the money market spark protocol has contributed to its continued growth. Spark protocol is a DAI-focused money market network that collects liquidity from MakerDAO. The latest stats indicated that spark protocol dominated the lending market last month. The money market protocol […]

• November 26, 2023 03:54 AM PST
• Invezz

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Cosmos community approves proposal to reduce ATOM inflation by half

The Cosmos community approved the proposal to reduce the token’s inflation from 20% to 10%. 41.1% of the voters supported the transition, while 31.9% opposed it. Meanwhile, reducing inflation is positive for the crypto as it ensures improved security and lucrative staking yields. Cosmos’s #848 proposal will reduce yearly interest rates for staking. That would […]

• November 26, 2023 01:59 AM PST
• Invezz

Latest

Zipmex exchange halts trading services in Thailand

Crypto exchange Zipmex Thailand has momentarily suspended trading and new deposits on its platform, citing non-compliance with Thai SEC’s regulations. Meanwhile, the statement reveals that users can continue withdrawing until 31 January 2024, after which customers should reach out to support to process withdrawals. Zipmex challenges Zipmex’s decision to halt its operation in Thailand follows […]

• November 25, 2023 10:17 PM PST
• Invezz