Black Thursday revisited: MakerDAO keeper exploited for $500K
A legacy MakerDAO keeper has been exploited for over $500K in value, receiving funds that trace back to the 2020 Black Thursday liquidations.
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Richard Heart pokes MakerDAO to ‘do the funniest thing’ and rug-pull
The decentralization of MakerDAO is again under scrutiny after a copy of its DAI stablecoin failed to maintain its $1 peg on Pulsechain.
Ethereum Foundation denies rumors of Maker liquidation
The Ethereum Foundation has never been liquidated in DeFi, yet some people thought that it might suffer its first ETH liquidation today.
Maker DAO drama flares amid proposal to tackle ‘governance attack’
A Maker community member raised concerns over a fast-tracked governance proposal that relaxes restrictions on borrowing against MKR.
Aave proposal to peg Ethena’s USDe to USDT raises concerns
While keen to avoid being labeled as a stablecoin, Ethena's USDe is being used as such across some of DeFi's biggest players.
Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’
While Aave and Maker (now Sky) founders basked in a 'DeFi renaissance moment,' some less well-known projects were losing millions.
Maker will be able to remotely freeze its new USDS stablecoin
Maker DAO is incentivizing DAI holders to convert their stablecoins into the new, reward-yielding USDS, which has a remote freeze capability.
— BitGo, Justin Sun
MakerDAO disables WBTC borrows after Justin Sun involvement revealed
MakerDAO has passed an executive vote to disable future WBTC borrows after it was revealed that Justin Sun will soon be involved.
MakerDAO could back a billion Dai with Ethena’s ‘synthetic dollar’ USDe
MakerDAO says the vault would start with a cap of 600 million Dai, which could be adjusted up to 1 billion according to demand and risk.
How decentralized is DeFi, really?
How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?