Balances of dai (DAI) and USD coin (USDC) on exchanges reached new all-time highs in the past week, according to data from Glassnode. The increase… Read More »Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Prices for MKR, an Ethereum-based governance token, surged to their highest levels in more than two years on Wednesday. MKR was trading at $1,068.53 as… Read More »Maker’s MKR Token Surges to 2-Year High on DeFi Growth
A “stablecoin” is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the… Read More »What Are Stablecoins?
Borrowers can close debt positions on lending platform MakerDAO under the 150% collateral minimum with this one simple trick. A loophole in MakerDAO’s collateralized debt… Read More »MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds
The MakerDAO community has voted to add support for a trio of new tokens for the decentralized finance (DeFi) loans that generate DAI stablecoins. Vaults… Read More »MakerDAO Adds Chainlink, Compound, Loopring as Collateral Options
MakerDAO will not compensate victims of March 12’s “Black Thursday” flash crash that left some of the decentralized finance (DeFi) platform’s investors out $8.33 million,… Read More »MakerDAO Users Hosed by March Flash Crash Won’t Get MKR Payouts, Say MKR Whales
Everyone may be talking about governance on Ethereum, but the yet-to-launch stablecoin startup Liquity is taking a contrarian view: zero governance. That doesn’t mean it… Read More »Forthcoming Yield Farming Project Dispenses With Governance
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial… Read More »Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound
Everyone in crypto has been talking about decentralized finance (DeFi) since bankless lending started to boom in June. But, looked at another way, it’s really… Read More »Crypto VC Firm Assesses the ‘State of Blockchain Governance’
Call it a “gentlecoin,” perhaps? A new decentralized finance (DeFi) project aimed at softening volatility has closed a $1.68 million seed round led by Paradigm,… Read More »ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi
For decentralized finance (DeFi) to make its mark, it must reach beyond the crypto bubble, said MakerDAO founder Rune Christensen. “Compared to where we’re going… Read More »CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next
Get the Latest from CoinDesk Sign up for our newsletter Money Reimagined First Mover Crypto Long & Short Blockchain Bites By signing up, you will… Read More »MakerDAO Passes $1 Billion Milestone in DeFi First
