As in the present moment, the all-important question in the minds of all concerned is concerned with MakerDAO. The fact that there is every chance of it being actually on the verge of a major split up...
Tag: MakerDAO
DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender
Fresh data from tracking service DeFi Llama shows that the total value locked (TVL) in decentralized finance (DeFi) protocols has rebounded to the $54 billion mark. According to the data, the total TV...
MakerDAO Revenue Experiences A Major Drop, Here’s Why
For the first time since 2020, MakeDAO has crashed in its quarterly net income. The DAO is the autonomous community that governs the Maker Protocol. The project is based on the Ethereum blockchain and...
MakerDAO: Can these developments maintain MKR’s ongoing green streak
MakerDAO was seen witnessing some dominance in the DeFI market as of 15 October. And one of the reasons for this development could be the constant introduction of new proposals to improve the protocol...
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
MakerDAO, the governing body of the Maker Protocol, has seen its revenue plummet in the third quarter of 2022, caused by a fall in loan demand and few liquidations, while expenses have remained high. ...
$500 Million from MakerDAO into TradFi
–MakerDAO to be involved in Traditional Finance. -The investment plan aims for the short term in the crypto journey. -DAI stablecoins to be used as treasuries and bonds. MakerDAO aim...
MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate bonds in an effort to provide the protocol low-risk additional yield. MakerDA...
MakerDAO to Invest $500M in US Treasuries and Corporate Bonds
MakerDAO has joined hands with an asset advisory firm called Monetalis which will be assisting them in the allocation of funds across short-term US treasury bonds and investment-grade corporate bonds....
MakerDAO Votes To Allocate 500M DAI Into US Treasuries, Bonds
Sygnum bank is the lead partner, working with Blackrock The move comes amid longer-term governance decision making process regarding decentralization MakerDAO, the protocol behind the DAI stablecoin, ...
MakerDAO To Invest $500M in U.S Treasury and Corporate Bonds
3 hours ago | 2 mins read Altcoin News It started with a $1 million pilot transaction, and the rest will follow shortly. MakerDAO’s native stablecoin, DAI, will be converted to US dollars. In a Thursd...
MakerDAO DeFi Platform Dips Into TradFi With $500M Investment in Bonds and Treasuries
Decentralized finance pioneer MakerDAO will be converting as much as $500 million worth of its DAI stablecoin to use for investing in treasuries and bonds. The move was executed by Maker Governance on...
MakerDAO initiates $500 million investment in US treasuries, how will this affect MKR token?
MakerDAO has initiated an investment, where $500 million of the funds that are collateralizing the Dai (DAI/USD) stablecoin will be relocated to US Treasuries and corporate bonds, with the main goal o...
MakerDAO passes proposal to increase yield as stablecoin ban looms
MakerDAO has passed a governance decision that will create new vaults where its native token DAI will be invested into treasuries and corporate bonds to earn yield. As interest rates rise, increasing ...
MakerDAO to Invest $500M in U.S. Treasuries and Corporate Bonds
MakerDAO, the team behind the DAI stablecoin, has taken its first step in allocating $500 million worth of funds to the U.S. Treasury and corporate bonds, thereby diversifying its balance sheet. The a...
MakerDAO initiates $500 million investment in US treasuries, how will this affect MKR token?
MakerDAO has initiated an investment, where $500 million of the funds that are collateralizing the Dai (DAI/USD) stablecoin will be relocated to US Treasuries and corporate bonds, with the main goal o...
Stablecoin Issuer MakerDAO Invests $500m into U.S Treasuries & Corporate Bonds
MakerDAO, a decentralized autonomous organization (DAO) tasked with the governance and issuance of stablecoin DAI, on Thursday allocated $500 million for investment in U.S. short treasuries and corpor...
MakerDAO to Move $500 Million Into U.S. Treasuries and Bonds
The decentralized stablecoin protocol MakerDAO has committed to converting $500 Million of its DAI reserves into bonds and U.S. treasuries. This marks the decentralized autonomous organization (DAO)’...
DeFi Tokens in Chainlink, Lido Finance, MakerDAO Jump 7%
The DeFi market is warming up as winter sets in. The decentralized oracle protocol Chainlink and its native LINK token have risen by nearly 8% over the past 24 hours, according to CoinGecko. The token...
MakerDAO ‘Endgame Plan’ Could Impact Curve’s $860M 3pool, Here’s How
Leading DeFi lending platform MakerDAO has proposed an ‘Endgame Plan’ to make the protocol more resilient, but it could severely impact its stablecoin and liquidity pools. In late August, MakerDAO co-...
Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO
There has been panic in the digital space amidst rumors of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labeled as Nexo Ox8fd. This comes j...
NEXO-Tagged Address Withdraws Wrapped Btc Worth $153 Million USD From MakerDAO. – crypto.news
The Nexo-addressed Crypto pocketbook makes a large withdrawal of wrapped Bitcoin (wBTC) of up to $153 million USD from MakerDAO. This development comes amidst a predicted drop in NEXO rates. Nexo Take...
Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
Disclaimer: This article has been updated to reflect Nexo’s response stating that the fund transfer represents an operational transfer, involving the move of funds from one Nexo address to anoth...
Wrapped Bitcoin Locked on MakerDAO Falls to 2022 Low After Nexo Withdraws Massive Amount of WBTC: Santiment
Blockchain analytics firm Santiment says that crypto lender Nexo has pulled a huge portion of Wrapped Bitcoin (WBTC) off of decentralized finance (DeFi) platform MakerDAO following the firm’s legal tr...
MakerDAO: What does this exchange’s proposal mean for MKR investors
MakerDAO [MKR] received a proposal revolving around a partnership from leading cryptocurrency exchange Gemini on 29 September. In a tweet by the decentralized stablecoin creator, Gemini offered to ha...
Gemini wants to boost GUSD stablecoin volume in MakerDAO
Gemini has submitted a proposal on the MakerDAO forum to boost the adoption of the Gemini dollar (GUSD) stablecoin in the latter’s ecosystem by paying a fixed yield on the GUSD balance in MakerDAO’s v...
Are U.S. Crypto Regulators Staking Out Territory Via Enforcement Actions?
As regulatory enforcement actions unfold between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the latter just subtly claimed Ethereum (ETH) and DAI...
MakerDAO Vault with Over $4M Battles Liquidation as Ethereum’s Price Drops – crypto.news
According to reports, the MakerDAO vault is facing liquidation with over $4.3M locked up as collateral. This is due to the persistent price drop of Ethereum post-Merge despite crossing $1500 pre-Merge...
MakerDAO [MKR]: Liquidation fears looming, thanks to…
Blockchain analytics firm PeckShieldAlert informed the community on Twitter today (19 September) that a certain vault on MakerDAO was actively under the threat of liquidation as Ether’s price dipped b...
MakerDAO Vault With $4.5 Million in Ethereum Risks Liquidation As Crypto Market Continue to Bleed
– Advertisement – Liquidations grow as the crypto market prints losses. In a tweet today, PeckShieldAlert disclosed that a MakerDAO vault with collateral of $4.5 million in Ethereum and ...
MakerDAO Vault With $4M+ Faces Liquidation As ETH Price Plummets
The crypto market has taken a beating in the past few days, with some DeFi vaults facing liquidation if ETH continues to drop. The drop in prices in the crypto market is seeing some potential liquidat...
MakerDAO confirms Merge threat to cut down USDC but there’s more
DeFi protocol, MakerDAO [MKR], updated the risks it could face as a result of the Ethereum [ETH] Merge. Recall that the crypto lending project had initially highlighted some threats in August. Despite...
MakerDAO: Could Coinbase’s announcement turn things around for MKR
Following the tornado cash sanction, Coinbase proposed that MakerDAO will be the first client of its USDC institutional rewards program. Making MakerDAO a top customer may be advantageous to Coinbase’...