In a recent mainstream media report, it was revealed that Phoenix Technology, a prominent crypto mining hardware provider, is making significant strides towards going public in Abu Dhabi, UAE. According to a report by Bloomberg, the UAE-based company is currently engaged in discussions to conduct an initial public offering (IPO) within the United Arab Emirates. […]
Phoenix Labs
Phoenix Labs Takes MakerDAO To The Next Level With Spark Lend Proposal
MakerDAO, the leader in decentralized finance (DeFi), has seen a major boost in its capabilities due to Phoenix Labs. The blockchain firm has proposed Spark Lend, a new DeFi solution built on top of the MakerDAO platform. It will allow anyone to borrow DAI, MakerDAO’s stablecoin, at the Dai Savings Rate (DSR) and enjoy a […]