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MakerDAO is set to discuss whether it needs to remove the USDC backing for DAI which could depeg the stablecoin from the US dollar. The post MakerDAO founder says it's ‘almost inevitable' DAI will abandon USD peg appeared first on The Block.

Over 50% of DAI is currently collateralized by Circle's USDC.

Funder Rune Christensen believes the Tornado Cash sanctions are putting MakerDAO at serious risk.

Following Circle's freeze of blacklisted Tornado Cash addresses, MakerDAO is re-assessing the risks associated with its USDC collateral. The post MakerDAO plans against sanctions from USDC exposure appeared first on CryptoSlate.

DeFi tokens are the cryptos to sell as regulatory scrutiny and even crypto-centric sanctions continue to crop up from the U.S. government.

MakerDAO developers are working on an emergency shutdown plan in case the U.S. Treasury's sanctions reach the project.

Although there is a bearish trend in the markets, investors think this decline will not continue for a long time. Investors point out that the cryptocurrency markets, which should see a recovery in a short time, create a serious buying opportunity in this period, significantly increasing the profitability expectation in the long term.

DeFi protocol MakerDAO (MKR) has identified seven risks its protocol faces if Ethereum (ETH) is forked. The post MakerDAO identifies risks of an Ethereum hard fork appeared first on CryptoSlate.

Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the United States Treasury sanctioned Tornado Cash. The post Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions appeared first on CryptoSlate.

Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668.

MakerDAO [MKR] has claimed that the much-anticipated Ethereum [ETH] Merge could do more harm than good to its network.  Maker, the builder of the stablecoin – DAI – explained the implications of the Merge in a 22-tweet long thread on 5 July.

Picking up the right crypto coin at the right time can be key in the future of your portfolio. The most money is made by those who invested in the early days of a project, before it went mainstream and hit the big exchanges.

With the continuous development of the DeFi sector, more and more protocols are emerging, each with its own unique features and advantages.

Lido DAO, along with other altcoins, prevented the crypto market cap from falling further after having already lost the $1 Trillion mark yesterday.

On 18 July, MakerDAO's native token, MKR, rode the ongoing bull wave to mark its spot at a high of $1,043. However, this was followed by a retracement that sent the price of the token chasing new lows.

Curve DAO token [CRV], the native cryptocurrency of DeFi maestro, Curve Finance, surged as high as 22% in the last 24 hours of 22 July. In an unexpected upward move, CRV has been one of the most profitable cryptocurrencies.

The French multinational investment bank will be able to borrow up to $30 million in DAI.

The total value of all cryptocurrencies improved in the last 23 hours, with the market cap rising to $864 billion at the time of writing.

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governance vote passed by a majority vote of more than 87%, and it allows the U.S. financial institution Huntingdon Valley Bank the means to leverage a stablecoin vault.

TradeStation Crypto, an online cryptocurrency brokerage, announced on Monday that it added support for six additional digital assets to its trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients.

Cryptocurrencies have begun this week trading lower than they did last week. Regardless, downturns are usually a good time to invest.

With the cryptocurrency sector exponentially growing and its major assets becoming more popular around the world, crypto brokers are recognizing.

TradeStation Crypto, a self-clearing online brokerage for trading cryptocurrencies, today announced adding trading support for six additional coins to its trading platform. The coins below are now available to TradeStation Crypto clients: Aave (AAVE Compound (COMP Chainlink (LINK) Polygon (MATIC) Maker (MKR) Shiba Inu (SHIB) “We are thrilled to expand the number of coins we […] The post TradeStation Crypto lists 6 new coins: AAVE, COMP, LINK, MATIC, MKR, and SHIB appeared first on CryptoNinjas.

Project funding continues with Tenderize and Planetarium Labs completing successful rounds. Celsius, the recently troubled lending platform, pays MakerDAO's loan releasing all WBTC collateral.