If you are a close follower of the stablecoin market, then you might have noticed a significant uptick in DAI activity on Ethereum over the last few days.
It was a sharp jump compared to the often less than $10 billion of activity we had seen earlier in the month. The flash mint module from Maker allows users to mint DAI on the condition that they pay it all back within the same transaction and also provide a small fee. Usage of this module has become extremely popular since it allows arbitrageurs and MEV bots to gain access to large amounts of money without much cost.
Stablecoins The Block
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OnePlus 8 series reaches end of support as its last update is rolling outTsveta, a passionate technology enthusiast and accomplished playwright, combines her love for mobile technologies and writing to explore and reveal the transformative power of tech.
Source: PhoneArena - 🏆 322. / 59 Read more »
Wall Street HFT Veteran, Jay Berg, Targets MEV with Sidepit: Bitcoin L2 ExchangeSidepit: This new development marks a milestone in financial market exchange technology with the aim to revolutionize the landscape of bitcoin trading.
Source: TheBlock__ - 🏆 464. / 53 Read more »
TMNT's Last Surviving Turtle Gets Genius Redesign in Last Ronin FanartThe Last Ronin stares down angrily in a rain soaked city in the TMNT: The Last Ronin comics
Source: screenrant - 🏆 7. / 94 Read more »
Average EV Prices Up Slightly Last Month But Still 10% Lower Than Last YearDespite a growth slump in Q1, Kelley Blue Book predicts 2024 to be the best year ever for EV sales, with more models and more inventory coming.
Source: InsideEVs - 🏆 579. / 51 Read more »
Avatar: The Last Airbender Is Ready to Tell Roku's Story at LastThe story of Roku, the Avatar who held the role immediately before Aang, is preparing to be told this summer.
Source: ComicBook - 🏆 65. / 68 Read more »
US Ally Detects China Spy Ship Near CoastThe Chinese intelligence ship was last seen entering the East China Sea last week.
Source: Newsweek - 🏆 468. / 52 Read more »