MakerDAO Rebrands to Sky: New Tokens USDS and SKY Unveiled in Major Overhaul
TL;DR MakerDAO is transforming into Sky and will launch new tokens, USDS and SKY, on September 18, 2024, as part of the “Endgame Plan.” USDS will
dai (Latest Publications)
MakerDAO Launches New Versions of DAI and MKR Tokens: NewStable and NewGovToken
TL;DR MakerDAO launches the NewStable and NewGovToken, while maintaining the availability of the current DAI and MKR tokens. NewStable will replace DAI for new transactions at
Hackers Use Stolen Funds to Purchase Ether as Prices Plummet Amid Market Crash
TL;DR Nomad Bridge Exploiter’s Buying Spree: Amid the crypto market downturn, hackers have seized the opportunity to acquire more digital assets. The Nomad Bridge Exploiter managed to
Whales and Institutional Investors Continue Accumulating Stablecoins and Already Control a Large Part of the Market
TL;DR Whales accumulate 5.09% of the total supply of stablecoins in the last three weeks, according to Santiment data. The combined market capitalization of the top
Ethena Labs Launches ENA Token, MakerDAO Plans to Allocate $600M DAI into sUSDe and USDe
TL;DR Ethena Labs ENA Token: Ethena Labs has launched its governance token, ENA, with strong market anticipation reflected in prelaunch futures trading. The token debuted at
MakerDAO Set to Transform with ‘Endgame’ Launch for Scalable Resilience and User Growth
TL;DR MakerDAO, a decentralized autonomous organization (DAO), is set to undergo a significant transformation with its “Endgame” plan. This plan aims to enhance scalability, resilience, and
MakerDAO Implements Emergency Fee Increases Amid DAI Stability Concerns
TL;DR MakerDAO, the organization behind the stablecoin DAI, has implemented emergency fee increases in response to unprecedented market volatility and a significant reduction in reserves. The aim is to
Ethereum Foundation’s Secret Moves: $18.9 Million Withdrawal Sparks Speculation in Volatile Market
It has been reported that the Ethereum Foundation has executed a transaction selling an additional 700 ETH. The sale, amounting to 1.68 million DAI, was conducted
USDR Stablecoin Drops 50%; Team Announces Action Plan
The Polygon-based USDR stablecoin, which is typically pegged to the US dollar, lost nearly 50% of its value, falling to $0.52. This significant loss of value
Dai Explained: A Stablecoin Powered by Decentralized Finance
The crypto domain is a fast-changing and dynamic field. New technologies and concepts emerge in the market before investors can fully grasp them. DAI is a cryptocurrency
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