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Nalezeno "Stablecoin DAI": 34

Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch

19.12.2020
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million

Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

25.11.2020
Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack...

Hackers Drain $2 Million in DAI From Defi Protocol Akropolis

13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...

Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan

2.11.2020
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind...

Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI

9.10.2020
On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals...

Money Market Protocol Aave Settles $300 Million in Defi Flash Loans

2.9.2020
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...

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

3.7.2020
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...

Stablecoin On-Chain Activity Grows 800% in a Year

23.4.2020
The on-chain activity for stablecoins has increased 800% in the last 12 months

Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...