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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Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.
Gala Games said it responded swiftly to the significant security breach on May 20 that resulted in the unauthorized sale of $21 million worth of GALA tokens and the “effective burn” of an additional 4.
Pink Drainer, a notorious crypto wallet-draining service, announces its closure after pilfering over $85 million from more than 21,000 victims in the past year. The post Pink Drainer shuts down after dealing over $85 million in damage appeared first on Crypto Briefing.
North Korean hackers deploy new 'Durian' malware to target South Korean crypto firms, with potential links to the notorious Lazarus Group uncovered. The post Kimsuky hacking group targets South Korean crypto firms with new malware — report appeared first on Crypto Briefing.
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: “The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.
A hacker exploited a bug in a newly launched gaming token on Blast network — Super Sushi Samurai — to steal roughly $4. 6 million worth of Ethereum on March 21 — less than a month from its launch.
Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb.