Andrey Shevchenko — the founder of decentralized finance (DeFi) protocol Zircon Finance — shared his view that MakerDAO’s (MKR) so-called “decentralized stablecoin” DAI’s (DAI) introduction of USD Coin (USDC) as…
Decentralized finance (DeFi) platform Euler Finance has been targeted in a flash loan attack, losing $197 million worth of DAI stablecoin, WBTC, stETH, and USDC. Euler Labs is working with…
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88.
As the Silicon Valley Bank saga continues, the price…
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88.
As the Silicon Valley Bank saga continues, the price…
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm’s new proposal.
It is a reaction to the recent depegging of USDC, which has…