Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol
The attacker sent over 7,000 ether to Euler Tuesday and seemingly apologized for their actions in a transaction message.
MakerDAO Keeps USDC as Primary Collateral for Dai
MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from…
The DAI is cast: MakerDAO votes to keep USDC as primary reserve
In a recent vote, the MakerDAO community reignited its trust in Circle . The vote result showed that Maker would keep USDC as its primary reserve.
MakerDAO Votes to Retain USDC as Key DAI Reserve Amid SVB Crisis
The MakerDAO community has voted to retain USDC as a key reserve for the DAI token despite recent turmoil for the Circle-issued stablecoin.
Exploring MakerDAO’s plans for DAI as stablecoins face FUD
Following the collapse of SVB and the stablecoin saga, many have lost faith in crypto-backed stablecoins.
Here Are the Stablecoins That Thrived as USDC Wobbled
USDC briefly depegged last weekend when Circle announced it had exposure to Silicon Valley Bank. Investors flocked to these alternatives.
In the Wake of Bank Collapses, Are Stablecoins Really That Stable?
The cryptocurrency market has been rattled by the recent collapse of SVB and the subsequent depegging of stablecoins. This incident has highlighted the need for greater transparency and accountability from…
MakerDAO proposes to enable MKR crypto as collateral for DAI
MakerDAO, one of the crypto world’s oldest and largest DeFi protocols, has proposed a controversial change that would allow users to borrow its DAI stablecoin against its MKR governance token.
MakerDAO Restructuring Proposal Sees LUNA, UST Comparisons: DAI at Risk of Death Spiral?
MakerDAO’s surprise proposal could allow borrowing DAI with MKR tokens. LUNA’s demise taught big lessons.
MakerDAO taps into Chainlink to boost stability in DAI ecosystem
Collaboration between blockchain networks or WEB 3 projects often yields interesting results. MakerDAO is the latest crypto project to walk down this road courtesy of its new collaboration with Chainlink.
