DAI News

Crypto investors have started depositing stablecoins in centralized exchanges, showing potential bullish momentum for Bitcoin and altcoins. According to data provided by Santiment, the total exchange net inflow of the top three stablecoins — Tether (USDT), USD Coin (USDC) and…

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)…

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…

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…

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…

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

MakerDAO, Ethereum's first defi lending protocol, has captured a 52% share in the ETH lending market.

Shiba Inu (SHIB), the second largest memecoin, is now the 18th largest cryptocurrency based on market cap, climbing ahead of Litecoin and Dai with its massive 21% growth since last week. 

Coinbase, a crypto exchange, will discontinue the trading of USDT, DAI, and RAI stablecoins for its Canadian users from September 2023

Aave has launched its algorithmic stablecoin, GHO, backed by multiple crypto assets, including ethereum (ETH)

The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%

MakerDAO's new proposal aims to increase DAI savings rate to 3.33%, potentially reshaping DeFi interest rates and attracting more capital to DAI.

MakerDAO, a leading decentralized autonomous organization (DAO) on the Ethereum blockchain, announced the launch of its Spark Protocol on May 9.

Investors have begun augmenting their holdings in DAI and other top stablecoins amid the prevalent selloffs that have triggered a fall in bitcoin prices (BTC) and other assets. Consequently, the cumulative balance of addresses holding DAI has recently witnessed an…

Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months

Andrey Shevchenko — the founder of decentralized finance (DeFi) protocol Zircon Finance — shared his view that MakerDAO's (MKR) so-called "decentralized stablecoin" DAI's (DAI) introduction of USD Coin (USDC) as collateral was an attempt to plug a hole in a flawed system.