MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.Source
German Intelligence Agency Releases NFT Collection to Recruit Talent
The Bundesnachrichtendienst (BND)’s dog-themed PFP collection can be acquired through a gamified treasure hunt, where participants must find a string of characters hidden by the agency.Source
Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world’s largest cryptocurrency by market value, bitcoin, has not reached levels above $30,000 since April.Source
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it’s there on a different chain, will go live on Starknet soon.Source
Starknet Foundation Appoints Meta Veteran Oliva as First CEO
The executive will help the non-profit promote growth within the Starknet ecosystem.Source
Polygon Introduces AI Interface Powered by ChatGPT to Aid App Developers
The interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain.Source
Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.Source
Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions
Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing.Source
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.Source
Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture ‘Next Wave’ of Growth
The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.”Source