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According to Scam Sniffer, a MakerDAO governance delegate has lost $11 million in aEthMKR and Pendle USDe tokens after falling victim to a phishing scam.

A major phishing attack, worth $11.1 million, has resulted in significant losses for MKR.

In the last 24 hours, MKR has surged by 8.93% with key indicators suggesting a possible bull run.

TL;DR The real-world asset (RWA) token market is growing exponentially in 2024, thanks to the convergence of blockchain technology and traditional assets. Tokens such as Maker, Chainlink, and Algorand stand out for their unique propositions and potential to facilitate investment in real estate, art, and music through decentralized platforms.

Notcoin (NOT) has surged more than 11% in the past 24 hours, breaking above $0.021 as bulls hit a two-week high.

Crypto intelligence platform Spot On Chain revealed significant transactions involving a dormant whale. The wallet, belonging to Tron's founder Justin Sun, transferred tokens worth around $21 million to Binance. Sun's diversification in the DeFi world The significant transaction involved 93,979 $AAVE (worth $11.26 million), 3,800 $MKR (valued at $9.

Amidst the crypto market resurgence, the smart contract platform Maker and its native token MKR have experienced a challenging period, with MKR demonstrating a consistent downtrend after reaching a yearly high of $4,070 in April, plummeting to as low as $2,440 just one week later. Dive into the protocol's key metrics and observe notable levels to gain insights into potential price movements and actions for the MKR token in the near term.

The decentralized finance (DeFi) sector continues to evolve, with several significant launches and updates making waves. BeInCrypto has examined the latest happenings, providing a comprehensive overview of the most noteworthy developments in the DeFi space.

Avalanche (AVAX), the leader of the Real-World Asset token category, currently has a valuation of $13.7 billion. Real-world assets (RWA) represent physical assets, like real estate or commodities, digitally tokenized on a blockchain, providing fractional ownership and liquidity.

Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem.

MakerDAO founder Rune Christensen unveils NewStable and PureDAI to replace DAI, which has a $5.4 billion market cap. The post MakerDAO founder introduces new stablecoins: NewStable and PureDAI appeared first on Crypto Briefing.

MakerDAO, the decentralized autonomous organization behind the Dai stablecoin, has announced plans to introduce a new stablecoin named PureDai.

The original DAI will eventually phase out as users continue using PureDai or NewStable.

Rune Christensen, the founder of MakerDAO, has proposed a novel solution to the Stablecoin Trilemma. This trilemma posits that achieving a stable value pegged to the dollar, maintaining decentralization, and scaling to meet demand are mutually exclusive goals.

MakerDAO founder Rune Christensen said PureDai will serve as an decentralized alternative to its U.S. dollar-pegged stablecoin.

Aave has reduced its loan-to-value requirements for DAI after MakerDAO's stablecoin gained indirect exposure to Ethena's USDe.

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Declining volumes affect UNI and MKR's prices. Will the tokens recover anytime soon?

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance.

MakerDAO has recently executed substantial sales of its governance token, MKR. According to the on-chain analytical platform Spot On Chain, MakerDAO's Multisign 0xbba deposited a significant 750 MKR, valued at $2.19 million, to Binance.

MakerDAO introduces NewStable and NewGovToken tokens - MKR reacts positively to the news.

MakerDAO is preparing to introduce two new tokens, NewStable (NST) and NewGovToken (NGT), signaling a significant phase in its development.

New MakerDAO tokens, NewStable and NewGovToken, were introduced to improve stability and governance.

MakerDAO has announced that it will launch two new tokens. The two tokens were announced in March and named NewStable and NewGovToken.