Thursday, November 30, 2023
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MakerDAO’s DAI Stablecoin Surpasses $5B on Higher Yield, Lifting DeFi Lender Spark Protocol

The extra payout has drastically bitten into Maker’s profits, Kunal Goel, analyst at Messari noted in a report. “Higher rates on higher deposits ballooned the protocol’s interest expense [and] has dried up profit expectations,” he wrote. The too-high rate also opened up opportunities for arbitrage, Goel added. Source

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Bitso integrates Stellar, XLM rallies 20% lifting sentiment and bolstering Borroe presale

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Strategic collaborations and partnerships play a pivotal role in shaping crypto. Bitso, a crypto exchange in Latin America, recently integrated Stellar’s Anchor Network technology. The move aims to broaden the payments corridor between Latin America and

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Russian Authorities Disagree Over Lifting Telegram Ban

A major state authority in Russia has objected to the State Duma’s proposal to cancel the ban on Telegram’s encrypted messenger in the country.Russia’s Ministry of Digital Development, Communications and Mass Media, also known as MinComSvyaz, doesn’t support a recent initiative to lift the two-year-long Telegram ban, local news agency

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