CEO of TRON Justin Sun attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. (Steven Ferdman/Getty Images)
Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data
Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring.
CEO of TRON Justin Sun attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. (Steven Ferdman/Getty Images)

Rune Christensen (Original image by Trevor Jones)
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.
Rune Christensen (Original image by Trevor Jones)

MakerDAO founder Rune Christensen (CoinDesk TV)
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.
MakerDAO founder Rune Christensen (CoinDesk TV)

Rune Christensen
Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan
The proposal sets a new foundation for the largest decentralized lending protocol’s major restructuring, called “Endgame.”
Rune Christensen

Legal ruling. Silhouette of a judge's gavel. Cryptocurrencies and legality (Aitor Diago/Getty Images)
Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
The class-action lawsuit alleged Maker-related entities misrepresented risks of holding collateral debt positions, resulting in heavy losses for some users.
Legal ruling. Silhouette of a judge's gavel. Cryptocurrencies and legality (Aitor Diago/Getty Images)

Spark Protocol (MakerDAO)
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.
Spark Protocol (MakerDAO)

CDCROP: Lightbulb 3D figure plug outlet power (ColiN00B/Pixabay)
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data
XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
CDCROP: Lightbulb 3D figure plug outlet power (ColiN00B/Pixabay)

CDCROP: Dollar Bills $1 (Horst Schwalm/Pixabay)
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.
CDCROP: Dollar Bills $1 (Horst Schwalm/Pixabay)

Celsius CEO Alex Mashinsky (CoinDesk archives)
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Celsius CEO Alex Mashinsky (CoinDesk archives)

Celsius CEO Alex Mashinsky (CoinDesk archives)
Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.
Celsius CEO Alex Mashinsky (CoinDesk archives)