Controversy as MakerDAO’s Spark Protocol blocks users with VPNs
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy. Go to Source
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MakerDAO to dissolve Foundation and become truly decentralized again
MakerDAO plans to complete its roadmap to decentralized governance with the dissolution of its foundation in the coming months. Go to Source Powered by WPeMatico
Maker Foundation returns dev fund to DAO amid path to decentralization
The Maker Foundation has returned 84,000 MKR to the project’s DAO in a major milestone for the protocol’s road to decentralization. Go to Source Powered by WPeMatico
Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI
On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals can now utilize the Ethereum-based stablecoin across a myriad of decentralized applications (dapps). The … Read more
$30M MakerDAO ‘Black Thursday’ lawsuit sent to arbitration
A class-action lawsuit accusing MakerDAO of misrepresenting the risks associated with its DAI stablecoin has been stayed pending arbitration proceedings. Go to Source Powered by WPeMatico
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black … Read more
