Coinbase will now let its retail customers buy or trade the DAI stablecoin, so long as they don’t live in New York.
Coinbase Opens DAI Stablecoin Trading to Retail Customers
MakerDAO Fee Decrease Stalls Amid Decline in Token Holder Voting Turnout
A decrease to fees on stablecoin DAI failed to activate over the weekend due to a lack of voter turnout.
MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months
Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
Ethereum Stablecoin DAI Has Returned to Its Highly Sought Dollar Value
For the first time in months, the dollar-pegged stablecoin DAI is trading on major cryptocurrency exchanges actually at $1.
‘Critical’ MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say
The vulnerability that was disclosed by the MakerDAO Foundation this week could have put user funds in jeopardy by preventing withdrawals of MKR tokens.
DAI Stablecoin’s Stability Fee Nears 20% After Latest MakerDAO Vote
The MakerDAO lending platform will be increasing fees by 3 percent in an effort to retract stablecoin DAI supply and push token prices up to dollar valuation.
MakerDAO Demos Tech to Back Stablecoin DAI With Any Crypto Asset
A highly anticipated upgrade to the programmatic lending platform MakerDAO will also feature a brand new webpage design for users.
DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks
Riding a wave of interest in crypto lending, Dharma is becoming a lucrative way to arbitrage the DAI stablecoin.
MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin
MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.
Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO
The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. […]
MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin
MakerDAO token holders approved a 3 percent fee increase on the programmatic loan system issuing DAI tokens. Yet token holders appear to be more divided on how high of an increase is warranted for the MakerDAO system.
Why Coinbase’s Move Into Proof-of-Stake Matters
Exchanges like Coinbase are stepping into the market for proof-of-stake cryptocurrencies, but will they boost engagement or centralize power?
MakerDAO to Increase Fees Above 10% Threshold in Bid to Stabilize DAI Stablecoin
Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most extreme […]
Tensions Flare on MakerDAO Community Call Over Transparency Issues
Tough questions were asked Tuesday during a MakerDAO community call about who controls the overseeing organization’s finances.
$5 Million in MakerDAO Loans Have Been Liquidated, But Help Is on the Way
A new tool called CDP Saver is being tested that could soon make MakerDAO loans less risky.
MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI
Users of the dollar-backed stablecoin DAI have staked MakerDAO governance tokens in favor of supporting a 4 percent raise to stablecoin fees.
MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1
MakerDAO token holders could soon be voting on another proposal to increase fees on the loans that issue new holdings of the stablecoin DAI.
MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin
With the DAI’s dollar-peg “almost at a breaking point,” governance token holders are considering whether to raise the “Dai Stability Fee.”
