La comunidad MakerDAO aprueba la propuesta de custodia de USDC de Coinbase
Hasta US$1600 millones en USD Coin serán custodiados con Coinbase Prime, donde se obtendrá una recompensa de 1,5%. Source
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MakerDAO
MakerDAO Members Support Founder’s ‘Endgame’ Plan to Break Up into MetaDAOs, $2.1B of Transfers
MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where
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MakerDAO Community Approves Coinbase USDC Custody Proposal
After the vote, up to $1.6 billion in USD Coin will be custodied with Coinbase Prime, where it will earn a 1.5% reward. Original Source
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A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO
"Currently, MakerDAO is wrestling with the trade-offs between growing the protocol or hardening it against regulatory risks,” Dustin Teander, an analyst at crypto intelligence platform Messari, told CryptoX. “Decentralization has to play a part of course, but a small, decentralized product doesn't actually solve the market problem for the people
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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
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Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond Investment
The "strategic investment" will be converted from its overcollateralized stablecoin, with 80% going towards U.S. short term Treasuries and the remaining 20% to investment grade corporate bonds. MakerDAO's community voted in favor of the allocation proposal, which was presented in late June. Original Source
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Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
Just a few days after market analysts predicted a 50% drop in NEXO price due to regulatory pressure and investor concerns, a crypto wallet address labeled as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin (WBTC) — roughly worth $153M — from MakerDAO.On Sept. 26, regulators from eight U.S. states filed a
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MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO).In his blog post, “The Path of
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MakerDAO should ‘seriously consider’ depegging DAI from USD: Founder
MakerDAO founder Rune Chirstensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its DAI stablecoin from the United States dollar (USD). The founder’s comments came in light of the recently announced sanctions on crypto mixer Tornado Cash, noting to MakerDAO’s
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Rune Christensen Details How MakerDAO Is Navigating Tornado Cash Sanctions
But even in this new era, the crypto industry has the responsibility of “convincing” politicians and investors alike that crypto is a valuable asset, or “a force for good.” One way of showing that “crypto can actually benefit the economy,” Christensen said, would be to take action on climate concerns
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