MakerDAO Users Sue Stablecoin Issuer Following 'Black Thursday' Losses
A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”
Crypto Long & Short: DeFi and Traditional Finance Are Forming an Unlikely Friendship
Many believe DeFi is the future of finance, unleashing efficiencies and creating a more transparent framework. Others find the idea terrifying.
Wrapped Bitcoin Aims to Kick-Start DeFi on Tezos Blockchain
Bitcoin Association Switzerland is partnering with the Tezos Foundation and others to create tzBTC, a bitcoin-pegged token meant to power DeFi applications on Tezos.
Chicago's Trading Firms Look to DeFi With New 'Alliance'
DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.
Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.
Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether
Coinbase has put $1.1 million in USDC into the pools powering two of the more popular DeFi applications on Ethereum: Uniswap and PoolTogether.
Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity
Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.
Bitcoin and Ether Prices Stagnate as Traders Take Wait-and-See Approach
The March 12 crash is still fresh in crypto traders’ and fund managers’ minds, leaving some to think no trading decisions are the best decisions for now.
For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses
While the system did not technically malfunction, a confluence of factors enabled a few opportunists to win the collateral auctions despite placing extremely low bids.
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.
