Search
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...
Billionaire Tim Draper Sees Potential in DeFi and Backs New DAO
17.3.2020
As DeFi continues to evolve, billionaire Tim Draper seizes the opportunity and backs a new DAO
MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
17.3.2020
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral...
Fireblocks to ‘Bridge the Gap’ Between Institutional Traders and DeFi
17.3.2020
Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network
MakerDAO’s Problems Are a Textbook Case of Governance Failure
17.3.2020
MakerDAO could have planned for its "Black Swan" event last week
MakerDAO Considering USDC Collateral Support For Enhanced Liquidity
16.3.2020
DeFi giant MakerDAO is considering USDC as collateral support to fight its liquidity risk
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
14.3.2020
Check the bad crypto news of the past week
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi
13.3.2020
So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended
As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success
13.3.2020
Cracks in the MakerDAO system exposed vulnerabilities in DeFi. How will the ecosystem recover?
MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol
13.3.2020
MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow
DeFi Skepticism, Decentralization, Tax Define London Blockchain Week
13.3.2020
Experts at London Blockchain Week say security is DeFi’s greatest challenge: “We used to have nerds attacking the system, now we have nerds with money”
DeFi Goes Through Its Own Major Turbulence
13.3.2020
The crypto market crashed, and the total value locked (TVL) in decentralized finance (DeFi) is not here for it. Nonetheless, it bounced back.
TVL crashed 62% today, from USD 649.497 million to USD 244.398 million, before recuperating to where it currently (UTC: 10:24) stands: USD 641.6 million...
DeFi Giant MakerDAO Avoiding Shutdown in the Face of Tanking ETH — For Now
12.3.2020
DeFi giant MakerDAO struggles to keep up with tanking Ether price, but developers are avoiding shutdown for now
DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop
12.3.2020
A large drop in the price of ether (ETH) is testing the feasibility of Ethereum's entire system of lending and borrowing
Paradigm Labs Shuts Down, Says It Was ‘Too Early’ for DeFi Boom
11.3.2020
Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
11.3.2020
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape
After A High-Profile Hack, bZx Announces Its Way Forward
11.3.2020
The co-founder of bZx protocol, which was hacked last month, has taken full responsibility for the lapse and promised that the users will not lose any money
When Will Bitcoin Join the DeFi Revolution?
11.3.2020
The DeFi industry is decentralized by its original nature, yet Bitcoin has reportedly been claimed to have implemented centralized features. It’s time to start from the original idea again