Since Terra began blowing up, DAI, the five-year-old overcollateralized stablecoin overseen by the MakerDAO community, has held its peg and carried out liquidations of collateral in an orderly fashion overnight, which has been “a great test of the system,” said Luca Prosperi, a leader on lending oversight at MakerDAO.
Ark 21Shares Backers Take Another Shot at Spot Bitcoin ETF Approval
The initial application for a spot bitcoin ETF was rejected in April. Source link