MakerDAO

MakerDAO

ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi

Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

Tech  ·  5 August 2020
MakerDAO

CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next

MakerDAO's Rune Christensen, Compound's Robert Leshner and Uniswap's Hayden Adams discussed the state of the $3.8 billion DeFi market.

Tech  ·  30 July 2020
CoinFlash

MakerDAO Passes $1B Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.

Markets  ·  27 July 2020
MakerDAO

Mempool Manipulation Enabled Theft of $8M in MakerDAO Collateral on Black Thursday: Report

New research suggests March’s “Black Swan” event for Ethereum may have been a sophisticated plan to cash in on a global sell-off.

Tech  ·  22 July 2020
MakerDAO

Irish Charity Receives $1.1M Grant to Build Blockchain Platform for Aid Distribution

The grant will also allow Oxfam to scale the project across the Pacific region and explore its potential in sub-Saharan Africa and the Caribbean.

News  ·  3 July 2020
MakerDAO

Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi

Compound has overthrown MakerDAO as the decentralized finance protocol with the most value staked, locking $484 million to Maker's $481 million on Saturday.

News  ·  20 June 2020
MakerDAO

What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

People  ·  9 June 2020
MakerDAO

Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

Tech  ·  20 May 2020
MakerDAO

Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech

Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).

Tech  ·  18 May 2020
MakerDAO

The CoinDesk 50: MakerDAO Is the Godzilla of DeFi

The $350 million MakerDAO protocol has become the most important project in DeFi, and DeFi has emerged as the most viable part of Ethereum.

Tech  ·  10 May 2020
MakerDAO

Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019

Ethereum’s transaction counts have surged by 72% since mid-February

Markets  ·  4 May 2020
MakerDAO

Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.

Markets  ·  20 April 2020
MakerDAO

Why MakerDAO Should Consider Negative Interest Rates for Dai

To keep dai near its $1 peg, the Maker community should consider negative interest rates. The cost to users may be worth it, says columnist J. P. Koning.

Markets  ·  20 April 2020
MakerDAO

MakerDAO Users Sue Stablecoin Issuer Following ‘Black Thursday’ Losses

A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”

Tech  ·  14 April 2020
Governance

MakerDAO Foundation Plots Its Own Demise

The MakerDAO Foundation is getting serious about its planned obsolescence. A governance call Thursday laid out founder Rune Christensen's three pillars of full decentralization.

Tech  ·  3 April 2020