Her vote was accepted to fully collateralize Frax Finance’s native stablecoin and phase out algorithmic support. Frax Finance The decentralized financial stablecoin protocol community has voted to fully collateralize the native stablecoin Frax (FRAX), ending algorithmic support for the protocol. Her FIP 188 governance proposal – which would change FRAX’s collateral model – first announced … Read more
Crypto markets are bearish today as bitcoin and altcoins corrected after the Fed FOMC minutes hinted at further rate hikes if high inflation persists. Market volatility is on the rise as investors digest minutes from the Federal Reserve suggesting rate hikes may take longer than most investors expect So today the crypto market is bearish. … Read more
Cryptocurrency news: Cryptocurrency prices surged on Friday to end the week. Bitcoin fell slightly after hitting $25,000 for the second day in a row and hitting an eight-month high on Thursday. Cryptocurrency Price Action After peaking at $25,009 on Friday afternoon, Bitcoin’s price returned to $24,700 in the evening. BTC jumped to a monthly high … Read more