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As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
13.5.2020
With the shutdown of Sai, centralized collateral on Maker is once again being criticized
DeFi’s Recent, Costly Setbacks Serve as Lessons for the Sector
7.5.2020
After a meteoric rise, DeFi has suffered several high-profile setbacks. The question is not about whether it will recover, but what needs to be done to ensure recovery
Trillions of Dai Required in Future to Maintain Maker's Current Value
7.5.2020
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization
Maker Debt Crisis Post-Mortem Recommends New Safeguards
29.4.2020
A new report makes several recommendations to prevent future debt crises for the Maker DeFi protocol
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Bitcoin Miner Maker Ebang Files for a $100M US IPO
25.4.2020
Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S
Bitcoin Correction Fears, Libra U-Turn, Maker Sued: Hodler’s Digest, April 13–19
19.4.2020
In this week’s Hodler’s Digest, Libra’s massive U-turn, Bitcoin in danger of a massive correction, and crypto-friendly Square gets green light from U.S. government
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Investors Sue The Maker Foundation, MKR Goes up
15.4.2020
The Maker Foundation, that supports the MakerDAO (MKR) project, is faced with a proposed class-action lawsuit by investors, which may take more than USD 28 million out of it, but the native token appreciated in the past day.
Despite the lawsuit news for the Foundation, the 29th coin by market...
Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations
14.4.2020
New class action demands $28 million from Maker Foundation for negligence and misrepresentation leading to March 12 catastrophe
Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
10.4.2020
Canaan witnessed a decrease in its total net revenue for 2019 to almost half of 2018 printed figures
Bitcoin Miner Maker Canaan Lost $148 Million in 2019
9.4.2020
The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million
Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’
6.4.2020
Why did the Maker Foundation maintain such radio silence during Black Thursday governance? Rune Christensen explains
Maker Foundation To Start Its Dissolution in Two Years
3.4.2020
The Maker Foundation will start transferring the governance power and risk management capacity to the community in the next few years. As the first step, it will release an initial draft of the new governance paradigm for the community to vote on.
Following the delivery of multi-collateral...
Maker Decentralizes Governance, But is the Community Ready?
26.3.2020
The Maker Foundation’s handover finalizes a three-month transition to decentralized governance over the protocol
For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses
25.3.2020
While the system did not technically malfunction, a confluence of factors enabled a few opportunists to win the collateral auctions despite placing extremely low bids
Maker Foundation Rejects Accusations of Participation in Its Debt Auctions
23.3.2020
The Maker Foundation dismisses debt auction accusations, stating it has only provided “limited technical assistance to some bidders”
$2 Million of MakerDAO Debt to Be Wiped as Auction Reaches Final Stages
20.3.2020
$2 million of debt is due to be wiped, as the first MakerDAO debt auction reaches its final stages
The MakerDAO Auction Is Happening, Here's What to Expect
18.3.2020
The upcoming MakerDAO auction rallied strong support from the DeFi community as it seeks to make borrowers whole
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...