Dai (DAI) Crypto News Today

ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms.

The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

The plan would create markets for DAI-replacement USDS on Aave.

The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.

In a strange turn of events, a phishing scammer has returned a large portion of funds they stole from a victim last September.

MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.

AaveDAO risk management contractor Chaos Labs proposed a 12% reduction in the Dai loan-to-value ratio after the stablecoin became partially backed by eUSD.

The DeFi lending pioneer is poised to launch Phase 1 of its “Endgame” plan, which begins with rebranding, new tokens and scaling its Dai stablecoin.

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.

Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global.

Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.”

Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy.

The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%.

MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.

Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum.