Sky, formerly Maker, launches USDS stablecoin on Solana
[Nov 20 5:34 AM] Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
1 / 2 Relevant items tagged with #MKR
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Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
[Nov 8 5:21 AM] Four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
Sky co-founder proposes no new emissions for core token
[Nov 4 1:47 PM] Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
Sky: Community to consider another rebrand, back to Maker
[Oct 22 5:34 AM] Maker rebranded to Sky just two months ago as part of an overhaul, but there has been resistance.
Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?
[Sep 28 10:00 PM] The cryptocurrency market has been on a red-hot streak in the past week, with most large-cap assets posting significant gains. The Maker (MKR) token is another one of the assets enjoying a positive week, with the DeFi (decentralized finance) coin…
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
[Aug 27 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
MakerDAO to Offer Optional MKR Conversions for New Governance Token
[Aug 23 11:57 AM] Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens at a ratio of 1:24,000.
Maker Sees 7% Upswing As Key Indicators Signal $2,662 Resistance Test
[Aug 14 4:00 PM] Maker (MKR) is currently demonstrating bullish moves with a 7% upswing, positioning it for a critical resistance test at $2,662. This surge reflects growing optimistic sentiment as key technical indicators suggest that the cryptocurrency could be…
MKR Jumps 5% As Grayscale Adds MakerDAO To Its Crypto Fund Lineup
[Aug 14 8:00 AM] To further diversify its crypto investment portfolio, asset manager and ETF issuer Grayscale has unveiled the launch of the Grayscale MakerDAO Trust. This latest addition to Grayscale’s product suite allows investors to gain exposure to MKR…
Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR
[Aug 13 1:00 PM] The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.
Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?
[Jun 10 6:00 PM] In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto…
MakerDAO Initiates Massive $600 Million DAI Investment In USDe And sUSDe
[Apr 2 3:00 PM] Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk…
MakerDAO Stakeholder-Focused Updates Drive MKR Price Up By 10%
[Mar 21 7:00 PM] Blockchain protocol MakerDAO (MKR) continues to see significant gains, maintaining a strong upward trend throughout the year. MKR has seen significant growth of over 358%, accompanied by positive metrics reflecting increased adoption and usage of…
MakerDAO Co-Founder Cashes Out, Sends MKR Wobbling After $4.5 Million Sell
[Jan 29 9:30 AM] Despite starting the year strong, MKR has encountered a choppy path in recent weeks, leaving investors with a mixed bag of signals to decipher. While the decentralized finance (DeFi) leader has maintained its position above key support levels…
Maker (MKR) Makes Crypto History: $2K Breached – Can DeFi Reach For More?
[Jan 21 12:54 AM] Maker DAO’s MKR has been a dominant force in real-world asset (RWA) transactions within decentralized finance (DeFi), boasting a daily average of $94.5 million in RWA-related transactions in the second week of January. Despite this impressive…
Whales Accumulating Maker And Aave, Path To 2024 Highs?
[Jan 15 5:00 PM] On-chain data suggests that whales are accumulating large amounts of Maker (MKR) and Aave (AAVE), two leading decentralized finance (DeFi) tokens. This accumulation trend coincides with a broader cooling-off period in the crypto scene days after…
Maker Takes The Spotlight With 34% Gain – Can MKR Hold This Position?
[Jan 9 6:00 AM] Maker is making waves as it enters Coingecko’s top gainers list this week with massive bullish pressure on the market. MKR is up nearly 34% in the bi-weekly timeframe, but long-term investors are enjoying bigger rewards as the token is up 205%…
Maker Market Heats Up: Over 600 Addresses Complete MKR Trades In Single Day
[Jan 5 8:00 AM] The starting point of 2024 has a positive outlook for the Maker (MKR) coin, suggesting that the year may be productive. Activity has increased, according to on-chain data, indicating a potential positive trend. Since the start of the year, the…
This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market
[Dec 8, 2023 10:30 AM] In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed…
This Week’s Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR Struggle
[Nov 16, 2023 11:01 AM] Thursday, November 16, 2023, marks a steady phase in the crypto economy, maintaining a value of $1.4 trillion with a modest increase of 0.44% in the last 24 hours. Concurrently, despite the seven-day downturn experienced by both bitcoin and…
After A 170% Spike, Is The Maker (MKR) Dream Rally Over?
[Oct 27, 2023 7:00 PM] After rallying over 170% from June 2023 lows, there are signs that Maker (MKR) bulls are losing momentum, looking at price action and decisions by various whales acting via an intermediary. At spot rates, MKR is changing hands at near 2023 highs…
Crypto Whales’ Big Bet: An Examination Of Their 3 New Altcoin Targets
Crypto Watchlist For October: Altcoins To Keep On Your Radar
[Oct 3, 2023 6:00 AM] As the dynamic crypto landscape evolves, attention is turning not only to the giants but increasingly to emerging altcoins that show promise and innovation. October is shaping up to be a pivotal month for a select group of these altcoins, with…
MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023
[Sep 29, 2023 9:00 AM] According to a Bloomberg report, MakerDAO, one of the prominent decentralized lenders in cryptocurrency, has reaffirmed its decision to invest billions of dollars in US government bonds. This strategic move has propelled its governance coin, MKR…
Maker (MKR) Rockets To $1,500 With 15% Surge, Will This Run Continue?
[Sep 28, 2023 10:30 AM] The Maker token, MKR, has managed to break the $1,500 level with a sharp 15% rally as on-chain data shows MKR has seen high address activity recently. Maker Has Outperformed Top Coins With 15% Rally In Past Week While giants like Bitcoin have…
Whales, Fresh Wallets Accumulating, Maker (MKR) Spikes 120% In 3 Months
[Sep 20, 2023 7:00 PM] On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand. As of September, MKR is one of the top-performing tokens, adding roughly 120% in three months from June 2023…
MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target
[Sep 20, 2023 10:39 AM] Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.
MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan
[Sep 8, 2023 5:00 PM] Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to…
Altcoin Watchlist: Analyst Shares What’s Hot In Crypto This Week
[Sep 5, 2023 1:00 AM] The crypto market is always in flux, with new narratives and trends emerging each week. Renowned crypto analyst Miles Deutscher recently took to Twitter to share his insights on the altcoin space, shedding light on the tokens that are catching his…
No Vitalik, No Problem: Whale Sells Ethereum (ETH) For Maker (MKR)
[Sep 4, 2023 4:00 PM] Less than a week after Vitalik Buterin, one of the co-founders of Ethereum, sold his Maker (MKR) stash for ETH, one crypto whale has done the opposite. On-chain data on September 4 shows that one Ethereum holder sold 694 ETH, worth roughly $1.13…