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Cred Protocol unveils its first decentralized credit scores
15.7.2022
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault
11.7.2022
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governance vote passed by a majority vote of more than 87%, and it allows the U.S. financial...
Finance Redefined: UK government explores DeFi with a focus on staking and lending
8.7.2022
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
7.7.2022
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%...
Is MakerDAO Becoming ‘a Company Run by Politics’?
6.7.2022
A series of recent votes saw the largest governance participation in Maker’s history, with VCs on one side and the founding team on the other
MakerDAO voting on collaborating with a traditional bank
6.7.2022
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week
Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined
1.7.2022
While price volatility remained a key factor, major DeFi tokens registered double digit loss over the past week as the DeFi TVL hovers near $50 billion mark
Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes
1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...
MakerDAO members shoot down proposal for more centralization
1.7.2022
MakerDAO members turned up in record numbers to preserve the principles of decentralization, setting new precedents for future DAO governance
FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
29.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds
29.6.2022
The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds
Less than 1% of all holders have 90% of the voting power in DAOs: report
27.6.2022
A user must hold between 0.1% and 1% of the outstanding token supply to create a proposal and hold between 1% and 4% to pass it
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
25.6.2022
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37%...
MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module
18.6.2022
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform
Celsius Reportedly Unlikely to Get Bailout Money from Investors
17.6.2022
As the downturn triggered by Celsius Network (CEL) continues to impact crypto businesses worldwide, investors behind the business are unlikely to ensure more financing to bail out the troubled crypto lender, "people with knowledge of the situation" told Financial News....
Read More: Celsius...
Total supply of stablecoins dropped sharply for first time ever in Q2
16.6.2022
A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
3.6.2022
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility
MakerDAO ‘Endgame Plan’ Calls for Specialized DAOs, Says Protocol is Held Back by Complexity
3.6.2022
A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol’s founder Rune Christensen. The plan aims to improve governance and tap into “the raw power...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...