Maker

Policy

Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge

The class-action lawsuit alleged Maker-related entities misrepresented risks of holding collateral debt positions, resulting in heavy losses for some users.

By Krisztian Sandor

Feb 24, 2023 at 11:00 p.m. UTC

Feb 24, 2023

Court CasesMaker Ecosystem Growth FoundationMakerDAOMakerRegulationLawsuitDAI

Finance

Maker

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol

The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.

By Oliver Knight

Feb 9, 2023 at 11:33 a.m. UTC

Feb 9, 2023

MakerMakerDAODeFiAave

XRP continues to outperform the broader market. (ColiN00B/Pixabay)

Markets

Xrp

Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data

XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject...

By Omkar Godbole

Sep 30, 2022 at 11:25 a.m. UTC

Sep 30, 2022

XRPRippleMakerInflationBitcoinEtherUS

Maker doubled the debt ceiling of its staked ether (stETH) vault this week. (Horst Schwalm/Pixabay)

Markets

Defi

Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence

The development is part of a move away from centralized crypto products such as stablecoins.

By Shaurya Malwa

Sep 13, 2022 at 2:09 p.m. UTC

Sep 13, 2022

DeFiLendingMakerDAIStablecoins

Markets

Celsius

Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim c...

By Krisztian Sandor

Jul 8, 2022 at 8:10 p.m. UTC

Jul 8, 2022

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Markets

Celsius

Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral

The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.

By Krisztian Sandor

Jul 7, 2022 at 1:30 p.m. UTC

Jul 7, 2022

CelsiusMakerCrypto LendingMarketsDeFi

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral

Video

Cdtv

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral

Troubled crypto lender Celsius paid down $183 million of its debt to the decentralized lending protocol Maker, possibly in a bid to recover bitcoin-linked collateral that othe...

By CoinDesk Staff

Jul 6, 2022 at 6:35 p.m. UTC

Jul 6, 2022

cdtvHash clipCelsiusMaker

Markets

Celsius

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows

The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked c...

By Krisztian Sandor

Jul 5, 2022 at 10:56 p.m. UTC

Jul 5, 2022

CelsiusMakerCrypto LendingMarketsDeFi

MakerDAO Moves Toward Multi-Chain With StarkNet Bridge

Video

Ethereum

MakerDAO Moves Toward Multi-Chain With StarkNet Bridge

Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move...

By CoinDesk Staff

Apr 20, 2022 at 6:28 p.m. UTC

Apr 20, 2022