On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real
Read moreMakerDAO community proposal to replace MKR governance token
The proposal introduces a new stkMKR token which will act as a bonding asset for MKR staked in governance proposals.
Read moreHacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance.
Read moreStablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200
Read moreAltcoin Roundup: DeFi token prices are down, but utility is on the rise
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of
Read moreLuna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s
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