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MakerDAO Proposal to Raise Real-world Asset Vault Debt Veiling Overcomes First Hurdle

MakerDAO, a decentralized autonomous organization that issues the DAI stablecoin, has seen favorable votes for its proposal to increase the DAO's real-world asset vault...
CryptoMode Playboy NFT Failure

Even Playboy Couldn’t Make Its NFT Project Long-term Profitable

The news of Playboy's staggering $5 million impairment loss on its Ethereum holdings from last year is no surprise to those following the volatile...
CryptoMode Warren Buffett Bitcoin

Warren Buffett’s Anti-BTC Stance Remains An Inverse Bitcoin Price Indicator

In 2023, Bitcoin emerged as a top-performing investment asset. It outpaced Warren Buffett and his "crypto bet" in Brazil's fintech giant Nubank (NU). Meanwhile,...
Various Cryptocurrency Coins & Tokens FDIC

FDIC Requires Buyers of Failed Banks to Give Up Crypto Services

The Federal Deposit Insurance Corporation (FDIC), a United States government agency responsible for protecting bank depositors, has requested that any potential buyers of failed...
CryptoMode Banks Trading Bitcoin MXC OTC 1xBit cryptocurrency Crypto Stocks Crypto Firms

Major Banks Still Open to Working with Crypto Firms Despite Industry Setbacks

As the world of cryptocurrencies continues to grow and evolve, many traditional banks are grappling with navigating this emerging industry. While some banks have...