Latest DAI News

FBI ties over $9b in 2024 fraud losses to crypto scams, led by ‘pig butchering’ schemes

Investment scams involving crypto accounted for more than 50% of all reported crypto losses in 2024, according to the FBI’s latest report. Cybercrime involving cryptocurrencies hit record highs in 2024, with the FBI’s Internet Crime Complaint Center reporting $16.6 billion…

USDT Tether

DAI Dai

Apr 24, 2025 at 7:04 AM UTC

Here’s how this trader turned $3,000 into $73m with PEPE

A crypto trader has secured substantial returns with Pepe despite the ongoing brutal correction plaguing the broader market. Data confirms that the investor successfully transformed $3,000 to $73 million by entering the Pepe (PEPE) market early. Blockchain analytics platform Lookonchain…

PEPE Pepe

GOAT Goatseus Maximus

Dec 10, 2024 at 9:39 AM UTC

Ethereum Foundation offloads 100 ETH for 334k DAI in latest purchase

The Ethereum Foundation makes another DAI purchase by offloading 100 ETH on Nov. 12. This is the first time the protocol has sold ETH since releasing its annual report. According to data from analytics platform SpotOnChain, on Nov. 12, the…

Nov 12, 2024 at 11:48 AM UTC

Maker surges 11%, bringing 50% of holders to the profit zone

Sky ecosystem’s previous token, Maker, is recording upward momentum as holders prepare to take profits. Maker (MKR) is up 11% in the past 24 hours and is trading at an intraday high of $1,280 at the time of writing. The…

MKR Maker

DAI Dai

Oct 31, 2024 at 6:52 AM UTC

Identity crisis: Sky could rebrand as Maker

Sky, formerly known as Maker, may be facing yet another rebranding decision barely two months after its last transformation. Rune Christensen, co-founder of Maker, has proposed to the community a potential return to the “Maker” name, a response to feedback…

MKR Maker

Oct 22, 2024 at 9:17 AM UTC

MakerDAO wants to be compliant rather than centralized

MakerDAO’s rebranding to Sky has diehard decentralized finance fans worried, but expert claims the move was necessary for the platform. On Aug. 27, MakerDAO founder Rune Christensen announced that the DeFi platform will rebrand as Sky. The protocol’s Dai (DAI)…

MKR Maker

DAI Dai

Sep 9, 2024 at 11:48 AM UTC

Whale loses over $55m in DAI stablecoin to phishing attack

A whale address lost a substantial amount of DAI tokens to a phishing attack after carelessly signing a fraudulent transaction. On-chain data confirms that the losses amounted to a whopping $55.47 million in Dai (DAI). According to an X post…

DAI Dai

ETH Ethereum

Aug 21, 2024 at 9:31 AM UTC

Hackers use stolen funds to buy ETH amid price crash

As the price of ETH dropped over 20% on Aug. 30, hackers were seen leveraging the opportunity to buy the dip using stolen crypto. According to blockchain security firm PeckSheild, the perpetrators behind the 2021 hack on Binance Smart Chain-based…

ETH Ethereum

DAI Dai

Aug 5, 2024 at 12:33 PM UTC

Phishing victim reclaims $9.3m in DAI as scammer returns stolen funds

A victim of a $24 million phishing attack has received a portion of his stolen funds back after the attacker willingly sent it back to him. According to web3 anti-scam solution Scam Sniffer, the attacker sent back $9.3 million to…

DAI Dai

Jul 15, 2024 at 9:36 AM UTC

Stablecoin market capitalization sets record, surpasses $150b mark

On March 21, the market capitalization of stablecoins reached $150 billion for the first time in 18 months.

Mar 21, 2024 at 5:04 PM UTC