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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
Strong long term trends aside, the COVID-19 pandemic has recently hit Wirex card users’ retail spending Go to Source Powered by WPeMatico
Major U.S. brokerage TD Ameritrade backs the Chicago DeFi Alliance, a new initiative aiming to support DeFi development in compliance with trading regulations Go to Source Powered by WPeMatico
Quarantined at home, Cointelegraph staff got together online to drink beers and talk crypto together Go to Source Powered by WPeMatico
Why did the Maker Foundation maintain such radio silence during Black Thursday governance? Rune Christensen explains Go to Source Powered by WPeMatico
$500 in DAI has been offered by John McAfee for the best photograph showing the effects of the COVID-19 lockdown Go to Source Powered by WPeMatico
Crypto venture fund Paradigm Capital won the winning bids in the MakerDAO debt auction, but the users remain uncompensated Go to Source Powered by WPeMatico
$2 million of debt is due to be wiped, as the first MakerDAO debt auction reaches its final stages Go to Source Powered by WPeMatico
The MakerDAO governance has approved stablecoin USDC as the third collateral type accepted in the Maker Protocol Go to Source Powered by WPeMatico
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the … Read more
