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.
Bitcoin (BTC) Price Slips to $63K; Solana’s SOL, Ripple’s XRP Defy Crypto Slump
"Although the dip to $56,500 may have completed the correction, I still expect to see a price of $52-55,000 before...