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MakerDao made a big announcement during ETHCC. MakerDAO is the protocol behind this $5 billion stablecoin DAI, which has announced a major shift in its reserve strategy. The platform plans to invest $1 billion of its reserves in tokenized US Treasury products.
As part of Maker's “Endgame,” the Spark subDAO is looking to diversify its treasury holdings.
MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
The final decision on the winning application will be subject to approval by MKR token holders through MakerDAO's governance framework.
The crypto market has been observing different kinds of assets take the spotlight every now and then, and the newest addition to this list is Real World Assets (RWA). Joining the Artificial Intelligence (AI) altcoins in terms of popularity and demand, these tokens are a different breed altogether.
MakerDAO's native token, MKR, has made significant waves with a notable 6.17% surge over the past week. This surge comes amidst increased activity from large investors, known as whales, and strategic accumulation by smart money, defying broader market trends and sparking optimism among investors about MKR's future.
Maker (MKR) has shown a remarkable resurgence, marking a significant shift from previous bearish trends to robust bullish momentum. As of the latest updates, MKR's price has surged above $2,500, indicating a notable uptick and demonstrating increased investor confidence in the cryptocurrency market.
Maker has surged by 6. 17% in the last seven days.
The cryptocurrency market has witnessed a remarkable resurgence in Maker (MKR), with the token's price experiencing a significant upward trajectory. As MKR inches closer to the $3,000 mark, investors and market analysts are keenly observing the factors fueling this surge and contemplating whether the momentum can be sustained.
Cybersecurity experts warn that if yield-generating pools or protocols on Lido or MakerDAO are compromised, Blast users' associated tokens in those pools “will be compromised as well.
MakerDAO (MKR) emerged as a top gainer in the crypto market over the past day. The altcoin climbed from a daily low of $2,335 to $2,557 – an over 10% increase. MKR's price surge comes after a Tuesday X post by stablecoin DAI creators and DeFi lending platform MakerDAO. The protocol announced a $1.
Maker price prediction: MKR has experienced a significant price surge over the past 24 hours after a bullish breakout. The MKR price is trading above $2,500, indicating an ascending trend in the market.
MKR, the native token of the Maker protocol, has surged by 9%, making it one of the top gainers among the top 100 cryptocurrencies.
After successfully concluding yesterday on a positive note, the cryptocurrency market has recorded a correction of 0.86% in valuation, with top tokens stuck near their respective crucial support levels. However, mid-cap altcoins have regained momentum by adding significant value.
The crypto prices today have once again encountered a notable setback after showing signs of a potential recovery. Bitcoin (BTC) waned to the $61K price level, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP prices saw a similar fading price action.
MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.
Monetalis Group, overseeing $1.5 billion in US Treasuries for MakerDAO, narrowly avoided an ouster vote with 59% of votes against removal despite missed deadlines and subpar returns.
LDO and MKR have been defying the recent market slump, with their prices holding steady.
The world of cryptocurrencies has recently been shaken by one of the biggest phishing scams that involved a delegate of MakerDAO.
A MakerDAO governance delegate has lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens due to a phishing scam.
A high-ranking MakerDAO governance delegate has suffered a huge $11 million loss in a phishing scam involving Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens. Scam Sniffer detected the Scam in the early hours of June 23.
On June 23, a crypto investor lost $11.1 million in Maker and Pendle USDe tokens to a phishing attack. Blockchain analyst Lookonchain reported that the scammer promptly exchanged the stolen assets for ETH to prevent any attempt at recovery.
MakerDAO's MKR token witnessed a significant downturn following a governance delegate's loss of $11 million in digital assets to a sophisticated phishing scheme.
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets.
