The collapse of Silicon Valley Bank (SVB) affected, among others, the USDC’s reserves and this “blue-chip” stablecoin has lost its peg to the dollar. Ironically, the only decentralized unicorn stablecoin project, MakerDAO is now in trouble due to its “reinforcing” USDC-backed component.
At the end of March, the Helium Network will migrate to the Solana blockchain. The developers claim that the transition to the new network will increase scalability and reliability, as well as speed up transactions.
The collapse of Silicon Valley Bank (SVB) affected, among others, the USDC’s reserves and this “blue-chip” stablecoin has lost its peg to the dollar. Ironically, the only decentralized unicorn stablecoin project, MakerDAO is now in trouble due to its “reinforcing” USDC-backed component.
At the end of March, the Helium Network will migrate to the Solana blockchain. The developers claim that the transition to the new network will increase scalability and reliability, as well as speed up transactions.
SushiSwap introduced Sushi Studios, a decentralized incubator that will license the brand to launch independently-funded projects to support ecosystem growth without burdening SushiSwap DAO treasury.
The world’s largest decentralized crypto exchange extends its reach into the Binance-backed BNB ecosystem, patches its governance system along the way.
