MakerDAO Co-Founder Proposes Dumping $3.5 Billion USDC Reserves for ETH
MakerDAO co-founder Rune Christensen recently proposed removing all USDC from the DAI stablecoin’s peg-stability module. He suggested that the USDC...
MakerDAO
MakerDAO Co-founder Plans To ‘Yolo USDC Into ETH’
The sanctions are “a lot more serious than I first thought,” MakerDAO co-founder Rune Christensen said The risk of uprooting...
MakerDAO plans against sanctions from USDC exposure
Following Circle’s freeze of blacklisted Tornado Cash addresses, MakerDAO is re-assessing the risks associated with its USDC collateral.On August 8,...
Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions
Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the U.S. Treasury sanctioned Tornado Cash.Specifically,...
Might MakerDAO risk market decline due to Ethereum’s Merge
MakerDAO has claimed that the much-anticipated Ethereum Merge could do more harm than good to its network. Maker, the builder...
MakerDAO stands at the mercy of bears as MKR slips below $1,000 in the last five days
On 18 July, MakerDAO’s native token, MKR, rode the ongoing bull wave to mark its spot at a high of...
MakerDAO Adopts Real-World Assets as Crypto Leverage Demand Wanes
MakerDAO members have agreed to invest $500 million DAI in US treasuries and corporate bonds “Revenue coming from the real...
Celsius Network Kicks Off July by Repaying $142M to MakerDAO
The Celsius Network has repaid over $142 million in MakerDAO loans since July 1, rapidly lowering its Bitcoin liquidation price...
MakerDAO Voting to Allocate $500 Million Treasury Funds
The decentralized autonomous organization behind the Dai stablecoin, MakerDAO, is currently voting on how to allocate $500 million in treasury...
MakerDAO Votes Against A More Streamlined Leadership
Recent MakerDAO governance battle was seen as a battle of interests: VC vs small fry Roughly 30% of MKR token...