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According to data from Santiment, MakerDAO [MKR] recorded its largest whale activity in more than three months after two identical transactions worth $17.4 million were made on the network.
Key Points: Jump Crypto and Oasis jointly recovered 120,000 ETH of Wormhole stolen funds through a reverse attack, MakerDAO issued a Twitter statement. The difference between the Maker Protocol and third-party front-end providers.
Maker recently saw its largest whale move in more than three months, according to on-chain analytics firm Santiment, with a whopping 24,331 MKR worth more than $17.4 million being shifted to a whale address.
Key Points: The crypto community on Twitter is buzzing over Maker's plans to allow MKR collateral to be used to borrow stablecoin DAI. The developers propose to introduce a new application for MKR as collateral for DAI loans in documents developed for Maker‘s “Endgame Plan,” the DeFi protocol that administers the stablecoin DAI.
Messari, in a 22 February tweet, announced the launch of MakerDAO's new vertically integrated market, called Sparks Lend. The market will primarily be aimed at improving DAI adoption.
Maker [MKR] has gained over 50% after rising from $590 to $790. At press time, it was trading at $764 after facing a bearish order block at $787.
MakerDAO announced on February 20 a long-awaited change to its GitHub operations.
MakerDAO is voting on adding a commercial bank.
Three months after the mysterious death of 29-year old Mushegian, his colleague published the code of principles the MakerDAO co-founder wrote for his last development, the Rico stablecoin platform. This impressive manifesto addresses various aspects of DeFi tech development, ecosystem building and working with potential users.
Key Points: MakerDAO, a decentralized lending platform for cryptocurrencies, is holding a vote on a fresh proposal that would integrate a second commercial bank into its ecosystem, deepening the link between decentralized finance (DeFi) and conventional finance.
Florida's Cogent Bank is proposing a $100 million participation in loans to MakerDAO's RWA Master Participation Trust.
The on-chain DAO platform Tally pitched the new governance proposal on February 15 to the MakerDAO community.
Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.
Collaboration between blockchain networks or WEB 3 projects often yields interesting results. MakerDAO is the latest crypto project to walk down this road courtesy of its new collaboration with Chainlink.
Cryptocurrency lending platform MakerDAO has integrated Chainlink Automation to stabilize the value of its stablecoin, DAI – a decentralized digital asset pegged to the USD. Chainlink shared the announcement in a press release on Thursday.
Integrating Chainlink Automation will allow third-party actors to perform essential and automated duties of Maker Protocol.
Maker [MKR], at press time, was closer to its November high of $925, but a few hurdles could complicate matters. At press time, MKR faced a price rejection at $823.
The effort is designed overall to shore up the stability of DAI
MakerDAO, one of the first decentralized finance (DeFi) Protocols built and established in the Ethereum blockchain, plans to launch Spark Lend (SL), a lending market focused on “liquid, decentralized, and high market cap assets.
Spark Protocol will be a front-end application that allows users to interact with Maker's flagship decentralized stablecoin DAI.
MakerDAO has added Chainlink's oracle to its technology stack for maintaining the stability of its DAI stablecoin.
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker's $5 billion DAI stablecoin.
Dai [DAI] is among the front-runners in the stable cryptocurrency market. By market capitalization, CoinMarketCap places it as the fourth-largest stablecoin and the seventeenth-largest cryptocurrency overall.
The second-largest decentralized finance (DeFi) protocol by total value locked (TVL), MakerDAO, reportedly wants to build its ecosystem
