Sign Up
Select Language
English en中文 zhEspañol esItaliano itFrançais frDeutsch de한국어 koFilipino filРусский ruУкраїнська ukNederlands nlPortuguês pt-br
Logo
Ad
Tech
Share this article

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.

By Brady Dale, William Foxley
Updated Sep 14, 2021, 8:18 a.m. Published Mar 12, 2020, 6:40 p.m.
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)
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)

In this article

BATBAT$0.1469◢1.09%