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MakerDAO ($MKR) has been added to Grayscale’s prestigious “Trust” Fund investment portfolio, aligning with other notable assets like Solana ($SOL), Sui ($SUI), Lamden ($TAO), and Chainlink ($LINK). This inclusion allows traditional finance investors to gain exposure to MKR, the utility and governance token of the Ethereum-based decentralized autonomous organization (DAO), MakerDAO, through a more familiar … Read more
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some. Go to Source
In the past three days, MakerDAO-related wallets have deposited 5,750 MKR tokens, valued at approximately $16.76 million, to Binance. This activity continues a trend of selling MKR that began on April 24, with most sales occurring at high prices. Since April 24, these wallets have deposited a total of 18,900 MKR, worth $53.83 million, to … Read more
MakerDAO has emerged as the standout performer in the multi-cycle DeFi space, surpassing Ethereum’s growth since the beginning of 2021. The DAO’s recent Endgame proposal has injected fresh momentum into its asset, bolstering its already robust fundamentals. In terms of revenue, MakerDAO has maintained a dominant position within the DeFi sector, capturing nearly 40% of all … Read more
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively … Read more
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets. Go to Source
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem. Maker’s Endgame Plan Brings Newstable and Puredai to Replace DAI Makerdao, a decentralized autonomous organization (DAO) known for … Read more
Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe. Go to Source
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July. Go to Source
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins. Go to Source
