MakerDAO
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data
Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring.

MakerDAO Founder Explains How AI and Crypto Intersect
MakerDAO founder, Rune Christensen recently laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp. Christensen joins "First Mover" to discuss how AI-assisted governance tools will be implemented, allowing token holders to summarize and verify governance rules and processes. "Ideally, it should almost feel like playing a game," Christensen said. "Participating in governance in a DAO should be sort of something that you want to do because it rewards you."

MakerDAO Founder on Future of DAI Stablecoin, Governance Token
Decentralized finance (DeFi) lending platform MakerDAO’s founder, Rune Christensen, laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp, according to a proposal posted on Maker’s governance forum last week. MakerDAO Founder Rune Christensen joins "First Mover" to share insights into "Endgame" and what he hopes to achieve.

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.

Phoenix Labs CEO on DeFi Giant MakerDAO's Spark Protocol Launch
MakerDAO launches Spark Protocol today, a front-end access lending protocol specifically designed for Maker's DAI stablecoin. Sam MacPherson, co-founder and CEO of Phoenix Labs, which contributes to Spark Protocol, joins "First Mover" to discuss the rollout and how Spark aims to address the potential risks of decentralized finance (DeFi). Plus, why Spark is not being offered in the U.S.

Why MakerDAO's New Spark Protocol Does Not Serve U.S. Customers
MakerDAO launches Spark Protocol today, a front-end access lending protocol specifically designed for the DAI stablecoin. But, Phoenix Labs co-founder and CEO Sam MacPherson tells "First Mover," the product does not serve U.S. customers. "The risk was deemed too high [in the U.S.]," he said.

Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.

Next-Generation DeFi Platform M^ZERO Exits Stealth Mode With $22.5M Funding Round
The seed capital was led by Pantera Capital and included the Scaramucci-linked SALT Fund, and Mouro Capital, the venture capital operation connected to the Santander Group.
