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DAI
Why $4M Dai Made From WBTC Matters for DeFi's Maturation
Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.
Stablecoins Push Ethereum's Transaction Count to Highest Since July 2019
Ethereum’s transaction counts have surged by 72% since mid-February
Dai Lending Rates Rise to One-Month High on DeFi Platform Compound
Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.
MakerDAO Adds USDC as DeFi Collateral Following 'Black Thursday' Chaos
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.
DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop
A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.
Coinbase Commerce Integrates Dai Cryptocurrency for Merchant Payments
This is the first new cryptocurrency added by Coinbase Commerce since it added USDC in May 2019.
PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."
Most of MakerDAO's Asset Value Is in Only a Few Addresses
Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space.
MakerDAO Pitches DeFi to the Masses at CES 2020
There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.
Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO's Future
Combined, the VCs have the second largest private stake in the MKR ecosystem.
