2020-3-19 22:58 |
The upcoming MakerDAO auction rallied strong support from the DeFi community as it seeks to make borrowers whole
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Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt.
2020-3-18 02:47 | |
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MakerDAO (MKR), an Ethereum-powered lending ecosystem has announced that it will carry out an MKR governance token auction in two days, to off-set the $4 million bad debt in its ecosystem brought about by the massive crash in the price of ether (ETH), reports TheBlock on March 12, 2020.
2020-3-14 22:00 | |
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As Ethereum (ETH) price crashed by 30-40% on “Black Thursday”, the decentralized finance world (DeFi) showed signals of collapse with the largest DeFi protocol, Maker (MKR) contemplating shutting down in response to the value tanking.
2020-3-13 17:45 | |
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For the first time, MKR tokens will be minted and auctioned for DAI to repay outstanding debts that failed as a result of the recent crypto market meltdown
2020-3-13 09:51 | |
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The US government successfully recovered nearly $19. 3 million in crypto less than 24 hours after it was mysteriously siphoned from government-associated wallets, according to analysts, including ZachXBT and Arkham Intelligence.
A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers occurred on Oct.
Transak, a company providing fiat-to-crypto services, has reported a significant data breach affecting more than 92,000 users. In an Oct. 21 update, the firm revealed that the breach stemmed from a phishing attack targeting an employee’s laptop, leading to unauthorized access to sensitive user information.
Eigenlayer’s X account has been compromised, prompting a warning from blockchain security firm PeckShieldAlert. Users are urged to avoid clicking on phishing links from the account. The phishing attempt employs sophisticated tactics.
The FBI arrested the man allegedly responsible for hacking the US Securities and Exchange Commission’s (SEC) X account and using it to make a fake post about the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US in January.
Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.
EIGENLayer reassured its community that the platform’s infrastructure and onchain protocol remain secure after an investor lost EIGEN tokens worth roughly $6 million in an isolated email compromise on Oct.