MakerDAO, one of the world’s leading decentralized autonomous organizations built on Ethereum, is set to launch the Optimism Dai Bridge that will enable fast withdrawals on its protocol. Major Development on MakerDAO This development was revealed on Tuesday, March 9, by the Smart Contracts Team on the MakerDAO forum. According to the report, the OptimismRead More origin »
The vulnerability that was disclosed by the MakerDAO Foundation this week could have put user funds in jeopardy by preventing withdrawals of MKR tokens.
Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).
Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.