Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism

Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise...

Easy Money? Coinbase Crypto Coins Grow Over 50% On Average In August

Looking for more signs that cryptocurrencies may be entering a new bull market? Look no further than Coinbase, where on average, buying any crypto...

Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days

Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4...

Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size...

Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation

A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much...

‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer

Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools...

Does MakerDAO’s DAI Present An “Existential Risk” to Ethereum DeFi?

No Ethereum-based decentralized finance product has done as well as MakerDAO. According to data site DeFiPulse, the project continues to dominate the open finance ecosystem...

‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation

The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in...

Time to DAO: Maker Foundation Charts Path to Dissolution

MakerDAO, an automated lending dApp, has become the most successful project yet in Ethereum’s rising decentralized finance sector. That’s largely thanks to the Maker...

MakerDAO Emergency Auctions Conclude with 5.3 Million Dai Raised

This month, wild volatility in the markets, acutely high Ethereum gas prices, and a brief anomaly in MakerDAO’s lending position liquidation processes pushed the...

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