DAI

Bitcoin

Introducing the CoinDesk 20: The Assets That Matter Most in Crypto

Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.

Markets  ·  8 July 2020
DeFi

There Are More DAI on Compound Now Than There Are DAI in the World

The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in existence.

News  ·  2 July 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

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

MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos

MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.

Tech  ·  17 March 2020
MakerDAO

DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop

A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.

Tech  ·  12 March 2020
Payments

Coinbase Commerce Integrates Dai Cryptocurrency for Merchant Payments

This is the first new cryptocurrency added by Coinbase Commerce since it added USDC in May 2019.

Business  ·  14 February 2020
DeFi

PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K

PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."

Tech  ·  3 February 2020
MakerDAO

Most of MakerDAO’s Asset Value Is in Only a Few Addresses

Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space.

Markets  ·  29 January 2020
MakerDAO

MakerDAO Pitches DeFi to the Masses at CES 2020

There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.

Business  ·  9 January 2020
MakerDAO

Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO’s Future

Combined, the VCs have the second largest private stake in the MKR ecosystem.

News  ·  19 December 2019
MakerDAO

DAI Is Moving Beyond Ether, But DeFi Isn’t Decentralized Just Yet

MakerDAO may be diversifying the assets it works with, but it has a long way to go to decentralize the power to make key decisions.

Business  ·  18 November 2019
MakerDAO

MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap

MakerDAO loans now hold more than $339 million worth of ether. With the launch of multi-collateral DAI set for later this month, what comes next?

Tech  ·  8 November 2019
Bitcoin

Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.

Business  ·  29 October 2019