MakerDAO
Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver
Fellow venture capital firm a16z over the past week transferred $7 million of its MKR holdings to crypto exchange Coinbase.
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Venture capital heavyweight Andreessen Horowitz (a16z) is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens as the price of coins soared to a near one-year high, blockchain data shows. "The Hash" panel discusses the implications for Maker’s ecosystem.
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. "The Hash" panel discusses the flash loan and the state of decentralized finance.
MakerDAO Set for $1.28B Treasury Purchase
The community governing MakerDAO, the decentralized autonomous organization (DAO) behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital. "The Hash" panel discusses the outlook for the Maker ecosystem.
