Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s...
Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI token previously purchased $500 million worth of government notes and bonds.
Lawsuit Against Maker Rejected by Judge
The lawsuit filed against DeFi platform Maker by its users was dismissed by the judge.
Crypto Investors’ $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
The class-action lawsuit alleged Maker-related entities misrepresented risks of holding collateral debt positions, resulting in heavy losses for some...
DeFi Giant MakerDAO Holds Voting on Hiking DAI Stablecoin Rewards
Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to...
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis
Decentralized-finance (DeFi) protocol MakerDAO said it can now handle “near-instant” transactions and faster withdrawals across the Ethereum ...
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico
Nikolai Mushegian, an early developer of MakerDAO, the largest decentralized finance protocol, as well as a contributor to multiple...
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO’s USDC, Analyst Says
Coinbase Global (COIN) will significantly benefit from the potential transfer of about $1.6 billion in USDC from MakerDAO to...
A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO
Venture capital giant Andreessen Horowitz (a16z) is not on board with the founder’s vision to break up MakerDAO, one...
Here Are the Top 3 Blue Chip DeFi Altcoins to Explode!
Decentralized Finance's (DeFi) total locked value (TVL) fell from $180 billion to nearly $54 billion in 2022. That's why...
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
Crypto lending platform Maker, the largest decentralized finance (DeFi) protocol, doubled the debt ceiling of its staked ether (stETH)...
What is Maker? What Does MKR Do?
MKR Coin is a decentralized ERC-20 based cryptocurrency representing an investment in the Maker Project. It is also the...
Rune Christensen Details How MakerDAO Is Navigating Tornado Cash Sanctions
The decentralized finance (DeFi) ecosystem should prepare itself for a more adversarial relationship with regulators, warned Rune Christensen ...
Celsius Pays Off Maker Loan, Freeing Up $440M of Collateral
Celsius, the crypto lender that halted user withdrawals last month because of liquidity pressures, reclaimed $440 million of collateral...
Is MakerDAO Becoming ‘a Company Run by Politics’?
A week is a long time in politics, as the U.K. government is currently experiencing. The same can be...
Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows
Celsius, the crypto lender that's halted withdrawals and is reportedly cutting jobs to stave off a liquidity crisis, has...