MakerDAO Reports Record Annualized Income of $95 Million
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MakerDAO Reports Record Annualized Income of $95 Million

MakerDAO, one of the leading decentralized autonomous organizations (DAOs) in the cryptocurrency space, has recently achieved a significant milestone. According to data from makerburn.com, MakerDAO’s annualized income has reached an impressive $95 million. This marks a record high since mid-February 2022, with a remarkable increase of 147% compared to the beginning of this year. The…

Tether Purchased $222 Million Worth Of Bitcoin To back Its USDT
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Tether Purchased $222 Million Worth Of Bitcoin To back Its USDT

Tether, the world’s largest stablecoin issuer, made headlines on Wednesday with its announcement of a significant investment in bitcoin (BTC). The company has purchased $222 million worth of bitcoin to back its USDT stablecoin, a move aimed at diversifying its reserve holdings. This article delves into Tether’s new investment strategy, its implications for the cryptocurrency…