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DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols
12.9.2023
The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols
Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline
5.9.2023
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support
Vitalik sell MKR after MakerDAO decides to fork Solana
5.9.2023
There is an atmosphere of uneasiness between MakerDAO and the greater Ethereum community. This is due to the fact that MakerDAO’s founder has decided to fork Solana for upcoming appchain shifting. As a result, MKR, which is the governance token of MakerDAO, fell by 5.6% after the increase the...
Multibillion Dollar Oracle Tool Chronicle To Expand Outside of MakerDAO Ecosystem
5.9.2023
Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market
Solana Co-Founder Praises Ethereum’s excellence during MakerDAO migration
4.9.2023
According to Protocol co-founder Rune Christensen, a multi-year Maker Protocol makeover known as the “Endgame” is nearing its conclusion, paving the way for the resurrection of an age-old rivalry. The ambitious initiative aims to revamp the MakerDAO ecosystem and explore new possibilities for...
Vitalik Buterin Offloads MakerDAO Holdings After CEO's Solana Blockchain Praise – What's Going On?
3.9.2023
Ethereum (ETH) co-founder Vitalik Buterin has offloaded his entire remaining stake in MakerDAO tokens after the project's co-founder praised the Solana blockchain.
According to blockchain data, the Ethereum mastermind has sold 500 MKR tokens on CoW Protocol, receiving 353 ETH (worth approximately...
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
MakerDAO co-founder proposes fork of Solana codebase for native chain
2.9.2023
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.”
MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
1.9.2023
Some community members have already pushed back against the idea
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
31.8.2023
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said
sDAI Pool by Aave goes live after MakerDAO pulls yields downs
31.8.2023
Aave has announced launching the sDAI pool following a reduction in the DSR yields. DSR refers to the DAI Saving Rate. It was originally set to 3.3%, later pitched up at 8$, only to bring it down again. Rune Christensen, the Co-Founder of MakerDAO, has suggested further lowering the DSR yields...
Default of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at Risk
25.8.2023
DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress
DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
23.8.2023
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
18.8.2023
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins still dominate in terms of global trade volume...
Increased Interest Rates Drive Maker Protocol's Revenues to 2-Year High of $165 Million
15.8.2023
The annualized revenue generated by the popular decentralized finance (DeFi) protocol Maker has risen to over $165 million, representing a 2-year high.
The strong development in revenue could be seen in data from Makerburn.com, which at the time of writing also showed that revenue had surpassed...
Defi Market Rebounds: Value Locked Rises to Nearly $42 Billion, Token Market Swells
13.8.2023
On the verge of dipping below the $40 billion mark on August 2, the overall value locked in decentralized finance (defi) has made a comeback, rising to over $41 billion. Additionally, the defi crypto sector has swelled to $45.08 billion, reflecting a 6.17% rise in just a day. Defi Resurgence:...
MakerDAO shares the news of an 8% yield by Spark
7.8.2023
Spark, by MakerDAO, has announced that it is now offering a yield of 8% on DAI, making it the highest yield offered by a stablecoin issuer. This is a massive increase from 3%, especially on a stablecoin that ranks third across the globe. Yield is basically the rate of interest that users get...
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy