MakerDAO

Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Venture capital heavyweight Andreessen Horowitz (a16z) is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens as the price of coins soared to a...
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars

a16z's MKR transactions (Arkham intelligence)
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
a16z's MKR transactions (Arkham intelligence)

MKR weekly price (CoinDesk)
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
MKR weekly price (CoinDesk)

MakerDAO founder Rune Christensen (CoinDesk TV)
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
MakerDAO founder Rune Christensen (CoinDesk TV)

MakerDAO founder Rune Christensen (CoinDesk TV)
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
MakerDAO founder Rune Christensen (CoinDesk TV)

MakerDAO founder Rune Christensen (Original image by Trevor Jones)
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
MakerDAO founder Rune Christensen (Original image by Trevor Jones)

Gemini founders Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
Gemini founders Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)

Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. "The Hash" panel discuss...
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit

MakerDAO Set for $1.28B Treasury Purchase
MakerDAO Set for $1.28B Treasury Purchase
The community governing MakerDAO, the decentralized autonomous organization (DAO) behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S...
MakerDAO Set for $1.28B Treasury Purchase

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports
CoinDesk's Jennifer Sanasie presents the major stories shaping the crypto industry on "CoinDesk Daily" as MakerDAO’s community voted to ditch $500 million Paxos Dollar (USDP)...
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports