MakerDAO

Get the latest news on MakerDAO, the protocol behind the DAI stablecoin. Stay informed on governance votes, protocol upgrades, DeFi integrations, and how Maker shapes decentralized finance and algorithmic stability.

Crypto Whales Exit as These DeFi Tokens Surge: Will They Continue Rising?

Altcoin News, Cryptocurrency News, News

By Vishal Dixit Feb 21, 2025

Amid rising anticipation of a new bull run in DeFi tokens in the next altseason, Maker and Lido DAO are emerging as spearheads. However, some big names and smart whales in the industry are quick to exit. What does this mean for your DeFi portfolio?

MKR Price Analysis: MakerDAO Risks $1,500 amid Network Milestones

Altcoin News, Cryptocurrency News, News

By Vishal Dixit Dec 30, 2024

Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.

Sky Faces Security Concerns Over $756M USDC Custody in Lite PSM

Altcoin News, Cryptocurrency News, News

By Chimamanda U. Martha Dec 6, 2024

Security concerns have surfaced regarding Sky’s Lite PSM system, where $756 million in USDC is controlled by an externally owned account, raising questions about potential vulnerabilities and withdrawal risks.

Cryptocurrency News, News

MakerDAO Reconsiders Its Rebranding to Sky

By Godfrey Benjamin Oct 22, 2024

After rebranding to Sky, MakerDAO may change its name if the community agrees.

Blockchain News, Cryptocurrency News, News

HSBC and Standard Chartered Analysts: Tokenization Could Bridge Global Trade Finance Gaps

By Tolu Ajiboye Sep 6, 2024

The HSBC and Standard Charted execs both believe that tokenization can close the wide gap between global trade finance requests and approvals.

Cryptocurrency News, Cybersecurity News, News, Technology News

Crypto Phishing App Angel Drainer Returns, 300+ Malicious dApps Deployed in 4 Days

By Leon Okwatch Sep 5, 2024

The resurgence of Angel Drainer comes at a time when phishing scams have significantly increased.

Altcoin News, Cryptocurrency News, News

Aave Labs Partners with Sky to Launch Sky Aave Force Initiative

By Leon Okwatch Sep 3, 2024

The planned launch of USDS and sUSDS tokens on September 18th marks a crucial step toward building a more connected and inclusive financial system.

Altcoin News, Cryptocurrency News, News

Gnosis Chain Community Reconsiders Gas Token Amid MakerDAO’s Rebranding

By Anisha Pandey Aug 30, 2024

The Gnosis Chain community is exploring alternative solutions to replace xDAI. Among the proposed options is the adoption of another decentralized stablecoin.

Altcoin News, Cryptocurrency News, News

MakerDAO Founder Clears Air on Freeze Function Amid Backlash

By Godfrey Benjamin Aug 28, 2024

Based on its description, the USDS stablecoin will have a function that allows its issuer to freeze the token.

Altcoin News, Cryptocurrency News, News

MakerDAO Rebrands to SKY Introducing New Stablecoin and Governance Token

By Chimamanda U. Martha Aug 27, 2024

After the launch of the new SKY tokens on September 18, MakerDAO will introduce a Smart Burn Engine designed to focus its liquidity on the SKY/USDS market.

Altcoin News, Cryptocurrency News, News

MakerDAO Plans for 1 MKR Token Conversion into 24,000 NGT Tokens

By Godfrey Benjamin Aug 23, 2024

Besides introducing the new governance token, MakerDAO plans to debut a new stablecoin dubbed NewStable (NST).

Altcoin News, Cryptocurrency News, News

MakerDAO Halts New wBTC-Backed Loans amid Security Concerns

By Mayowa Adebajo Aug 16, 2024

The governance of MakerDAO has made a bold decision to modify the terms of using Wrapped Bitcoin (wBTC) as security for new loans.

Altcoin News, Cryptocurrency News, News

MakerDAO (MKR) Price Surges, Network Activity Spikes as Grayscale Launches MakerDAO Trust

By Leon Okwatch Aug 14, 2024

Maker (MKR) has seen a 7.47% increase in its value and a noticeable uptick in network activity following the announcement of Grayscale’s new MakerDAO Investment Trust.

Altcoin News, Cryptocurrency News, News

MakerDAO Launches $1B Tokenization Competition for Real-World Assets

By Leon Okwatch Jul 12, 2024

The final decision on the winning application will be subject to approval by MKR token holders through MakerDAO’s governance framework.

Blockchain News, Cryptocurrency News, News

Aave in Process of Transforming to DeFi Powerhouse, Co-Founder Says

By Anisha Pandey Jul 5, 2024

Aave’s expansion has increased competition among other DeFi projects.