DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
[Sep 12 11:43 PM] The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
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Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
[Sep 4 6:16 AM] A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
Aave, Sky float partnership to bridge DeFi, TradFi
[Sep 3 3:34 PM] The plan would create markets for DAI-replacement USDS on Aave.
MakerDAO Rebrands As ‘Sky’: Two New Tokens To Be Launched On Sept 18
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
[Aug 27 9:20 PM] MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
[Aug 27 3:10 PM] The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and…
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
[Aug 27 12:00 PM] The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
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.
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
[Aug 23 3:44 AM] USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
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.
BitGo CEO argues WBTC security is unchanged amid concerns
[Aug 12 3:41 AM] BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.
MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate
[Jul 12 10:43 AM] MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
[Jun 30 10:01 AM] While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply…
MakerDAO and Sherlock team up for historic $1.35M security audit contest
[Jun 25 5:59 AM] MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.
MakerDAO delegate’s $11M in tokens stolen in phishing scam
[Jun 23 6:50 AM] The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets.
Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI
[Jun 7 12:26 PM] The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.
Maker Metrics Under The Microscope: Clues To MKR’s Price Path Ahead
[Jun 6 8:00 PM] Amidst the crypto market resurgence, the smart contract platform Maker and its native token MKR have experienced a challenging period, with MKR demonstrating a consistent downtrend after reaching a yearly high of $4,070 in April, plummeting to as…
What to Expect at Consensus 2024: Spotlight on Blockchain Tech
[May 20 1:38 PM] The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.
Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins
[May 19 12:33 AM] Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the…
MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth
[May 13 7:28 AM] Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe.
DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates
[Apr 11 5:00 PM] In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent…
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…
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
[Feb 8 9:00 AM]
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…
Whale Alert: Big Players Scoop Up These 4 Altcoins, On-Chain Data Indicates
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…
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…