New class action demands $28 million from Maker Foundation for negligence and misrepresentation leading to March 12 catastrophe
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Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations
Category: maker
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The MakerDAO Auction Is Happening, Here’s What to Expect
The upcoming MakerDAO auction rallied strong support from the DeFi community as it seeks to make borrowers whole
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As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success
Cracks in the MakerDAO system exposed vulnerabilities in DeFi. How will the ecosystem recover?
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MakerDAO Community to Vote on Upgrades, Conduct Debt Auction
For the first time, MKR tokens will be minted and auctioned for DAI to repay outstanding debts that failed as a result of the recent crypto market meltdown
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Top 5 Cryptos This Week (Mar 8): LINK, CRO, XTZ, MKR, ETH
The top-performers of this week are showing selling at higher levels. If the support levels crack, the traders can expect further selling
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Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC
Overbought conditions mean a few top performers of this week may enter a corrective phase or continue to consolidate as traders consider booking profits
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Defi Market Surpasses $1 Billion – But There’s a Catch
The total value locked (TVL) in decentralized finance applications has surpassed $1 billion, prompting celebrations from the Ethereum community. Not everyone has been swift to toast the milestone, however, with suggestions that the true value locked into defi protocols is materially lower. Meanwhile, creeping competition from centralized lenders shows that defi will have to innovate […]
The post Defi Market Surpasses $1 Billion – But There’s a Catch appeared first on Bitcoin News.
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Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?
The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with a healthy dose of caution, however, […]
The post Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi? appeared first on Bitcoin News.
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Carnegie Mellon Agrees to Using Massive MKR Donation for DApp Research
Advancing development and growth in the blockchain industry is crucial. A recent MKR contribution to Carnegie Mellon will spur further research of dApps and protocols. Further growth of blockchain technology requires attracting more developers and coders. Massive MKR Donation to Carnegie Mellon One way of doing so is by offering a “grant” of sorts. Carnegie Mellon University recently received a 3,200 MKR donation, worth $1.32 million. This money will be utilized to create a new research unit. That unit will focus on decentralized applications and protocols, as well as game-theoretic mechanisms. More details regarding the exact plan of action will
The post Carnegie Mellon Agrees to Using Massive MKR Donation for DApp Research appeared first on The Merkle Hash.
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Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement
According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18 […]
The post Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement appeared first on Bitcoin News.
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