MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.
governance
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbour 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.
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum
If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
Crypto Exchange Aggregator 1inch Proposes Diluting Some Insiders’ Voting Power
A proposed governance shakeup would greatly reduce the amount of voting power accumulated by core contributors, investors and other insiders.
Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop
Arbitrum is decentralizing by launching its governance token ARB.