DAI


Tech

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.

PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)

Finance

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.

Credit: Shutterstock

Tech

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."

Lottery image via Shutterstock

Markets

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.

DeFi's concentrated assets. Credit: Shutterstock

Finance

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.

CoinDesk:Distributed 2020 – Foundations Track

Markets

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.

MakerDAO CEO Rune Christensen image via CoinDesk archives

Finance

DAI Is Moving Beyond Ether, But DeFi Isn't Decentralized Just Yet

MakerDAO may be diversifying the assets it works with, but it has a long way to go to decentralize the power to make key decisions.

Dai

Tech

MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap

MakerDAO loans now hold more than $339 million worth of ether. With the launch of multi-collateral DAI set for later this month, what comes next?

Polychain Capital founder Olaf Carlson-Wee

Markets

Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.

Ledn team

Markets

MakerDAO's Multi-Collateral DAI Token Is Launching Nov. 18

From Nov. 18, borrowers of DAI tokens will be able to stake multiple types of cryptocurrency collateral, not just ETH.

MakerDAO CEO Rune Christensen image via CoinDesk archives