Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins lost their peg and the demise of one of t...
Tag: DAI
Maker DeFi Token Jumps 30% as Users Turn to DAI Stablecoin Amid Terra’s Collapse
While crypto markets staged a rebound Friday morning, the MakerDAO governance token, MKR, was up 30% as investors bet on its DAI stablecoin amid Terra’s ongoing collapse. Early Friday, MKR was t...
Maker’s MKR Token Surges 30% and Stablecoin DAI Leapfrogs UST
Maker’s governance token MKR spiked more than 30% overnight, and its stablecoin DAI also benefited from the continued meltdown of Terra’s UST stablecoin, which slipped as low as $0.30 in the early hou...
Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI
Key Takeaways MKR, the governance token of the Maker protocol, has risen 11% Tuesday. Maker appears to be benefitting from UST’s recent de-pegging event which saw the dollar pegged asset slip to...
Millions of DAI Borrowed with Real World Assets – Trustnodes
From Fintech loans to ships cargo, tens of million are now being lent and borrowed on Maker dai while collateralized with real world assets. In a bridge of the physical and digital, with NFTs, Merkel ...
MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs
MakerDAO, a major DeFi protocol and the creator of the DAI stablecoin cryptocurrency, announced on Wednesday that it has integrated StarkNet, an Ethereum Layer 2 network (a scaling solution), on its p...
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
MakerDAO, a decentralized autonomous organization (DAO) serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum...
Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs – Technology Bitcoin News
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper...
MakerDAO’s DAI Heads to Ethereum Layer 2 StarkNet
Key Takeaways MakerDAO has announced a multi-phased integration with the Ethereum Layer 2 network StarkNet. The first of the four planned phases will include a DAI bridge between Ethereum and StarkNet...
XT.COM Integrates DAI Market on Its Trading Platform
Place/Date: – April 20th, 2022 at 8:06 am UTC · 3 min read Contact: XT.com, Source: XT.com Photo: XT.com XT.com, the world’s first social infused exchange, has announced the addition of the popu...
XT.COM Exchange Adds DAI Market to its Trading Platform ⋆ ZyCrypto
Advertisement     The popular decentralized stablecoin DAI market has been added to the trading platform of XT.com, the world’s first social-infused exchange, boosting...
Could Terra’s New Curve Pool Kill MakerDAO’s DAI?
Key Takeaways Terra is planning to launch a new, heavily incentivized liquidity pool for its UST stablecoin on Curve Finance. As opposed to the now largest stablecoin pool, 3pool, the 4pool, would exc...
Terra founder Do Kwon Targets Stablecoins Wars; But is DAI at Risk?
Terraform Labs CEO Do Kwon has revealed a new alliance with Frax Finance and Redacted Cartel, a move targeted at winning the so-called ‘Curve Wars’ while potentially dealing a deadly blow to the DAI s...
Attack On Deus Finance: $3 Million Bagged in ETH and DAI
Deus Finance got compromised in a recent DeFi attack, where attackers bagged $3 Million worth of ETH and DAI, as per a data from a leading blockchain security organization. Security organization state...
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance – Bitcoin News
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According t...
Hackers get away with $3M worth of DAI and Ether
Multi-token decentralized finance (DeFi) marketplace Deus Finance has become the latest victim of an exploit resulting in over $3 million losses in DAI and Ether (ETH). DeFi analytic firm PeckShield t...
$3 Million in DAI and ETH Stolen From Deus Finance in the Latest DeFi Hack
Deus Finance was exploited, according to data from PeckShield, with the attacker swiping around $3 million in DAI and Ethereum (ETH). The blockchain security company explained that the hack was due to...
What Dai Stablecoin has in its possession which others miss out on?
It’s an all-over accepted fact that cryptocurrencies are volatile, like really unstable. If we follow a usual definition of currency, it stands for something traded in exchange for goods or services. ...
Total Supply Of Decentralized Stablecoin DAI Exceeds $10 Billion
Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and d...
DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher – Market Updates Bitcoin News
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, a...
Where to buy DAI coin: a stablecoin that stayed put as the crypto market plummeted
The DAI coin has remained relatively stable throughout the ongoing crypto market plunge; something that has caught the attention of most crypto investors especially within the decentralized finance wh...
DAI: What People Needs to Know About Ethereum Based Stablecoin
DAI is a stablecoin based on the blockchain of Ethereum regulated by MakerDAO, a decentralized autonomous organization, and Maker Protocol. MakerDAO, a type of organization that manages itself in a de...
Understanding DAI and Stablecoins – TCR
DAI is an Ethereum based stablecoin pegged by US Dollar MakerDAO is decentralised autonomous exchange that manages it. DAI can be used to generate passive income too. Stablecoins, as the name suggests...
DAI co-founder brands UST, MMT Solid Ponzis that’ll collapse
TL: DR Breakdown Rune Christensen, a co-founder at Maker, the parent company behind stable coin DAI, has openly challenged two competitors. Christensen claimed that UST and MIM Stablecoins could colla...