MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization."
Auto Added by WPeMatico
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens…
Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR
Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668.
MakerDAO voting on collaborating with a traditional bank
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week.
Did Celsius Just Repay $120M to Maker?
Celsius appears to have repaid $120 million of its debt to Maker, the DeFi protocol behind the Dai stablecoin, although Celsius is not entirely confirmed to be the payor. Maker...
Celsius pays down 143M in DAI loans since July 1
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
MakerDAO May Invest in Bonds
The MakerDAO community is considering allocating 500 million DAI in bonds in an attempt to generate low-risk yield from some of its holdings. A Yield-Bringing Diversification Strategy MakerDAO is looking...
MakerDAO Rejects Proposal to Create Advisory Board
Today MakerDAO voted against installing an oversight unit that would have been charged with educating MKR holders about the complexities of future proposals. Choosing Between Decentralized Credit Facility and Efficient...
Celsius Repays $10M DAI to Compound
Celsius made a significant payment to Compound today as it transferred $10 million of DAI to the latter service. Celsius Pays Back $10 Million Celsius has sent $10 million worth...
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over…