MakerDAO’s Governance Token Sees a 37% Decrease in 24H Trading Volume
MakerDAO, the governance token behind the fourth largest stablecoin by market capitalization DAI, has decreased in trading volume by 37% and seen a 3.7% dip in token price over the last 24 hours.
MakerDAO Had a Solid February, but Can MKR Continue Its Hike in March
MakerDAO [MKR] may have had one of its best-performing months in February, but that 40% 30-day surge only had a minimal impact on the token’s long-term holders.
Why Lido Finance’s Support of Ethereum Upgrade Is Important?
Ongoing voting showed that the Lido community would most likely support the Ethereum Shanghai Upgrade. The protocol’s TVL growth has evidently surpassed others.
Crypto Morning Briefing: Coinbase To Halt Trading of Binance’s BUSD for Not Meeting Listing Standards
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year; Huawei To Launch Metaverse and Web3 Alliance for East Asia; Tron Founder Justin Sun Becomes Top Holder Of Staked Ethereum Amid Shanghai Upgrade; DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
The MakerDAO community rebuffed state-chartered Cogent Bank’s proposal to borrow $100 million from the decentralized lending platform Maker, the protocol’s governance site showed on Monday.
Crypto Market Slides As Total Value Locked in Defi Falls Below $50 Billion Mark
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same timeframe, the top smart contract token economy lost 3.7% against the U.S. dollar.
MakerDAO Clarifies Jump Counter Exploit Doesn’t Involve Its Smart Contract
MakerDAO reiterates its smart contracts are not controlled by, or in control of, the Oasis frontend smart contracts.
The Beginner's Guide: How to Borrow and Lend Crypto
Borrowing and lending cryptocurrency can be a lucrative investment strategy, but it comes with risks. It’s important to do your research and only invest what you can afford to lose.
MakerDAO Voting on $100M Loan Participation With Florida Commercial Bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance.
MakerDAO Partners With Chainlink Automation for DAI Stablecoin
MakerDAO recently announced the successful integration of Chainlink Automation. As the creator of DAI, the protocol has onboarded Chainlink to its Keeper Network.
