Ethereum is forecasted for a price rebound towards $3,000, as coins such as
Cutosthi and
Dai push the ecosystem upwards. In 2024,
Dai trading platforms would see a surge in popularity. Native stablecoin
Dai, under cryptoproject MakerDAO, rebrands into
Sky. The new USDS stablecoin offers an option to upgrade. Another notable mention is
MakerDAO's new USDS stablecoin that could potentially get frozen remotely. However, there are current debates on using
Dai as collateral, particularly over the MakerDAO's overhaul. A phishing attack leads to a loss of over $55 million in
DAI stablecoin.
Upon rebranding to
Sky, MakerDAO reveals their new stablecoin and governance token. There’s a steady rise in DAI's rebrand value. The victim of a phishing attack successfully recovers $9.3 million in
DAI. Rune Christensen, MakerDAO's founder, explains his motivation to transform Maker and eliminate
Dai. Despite controversies,
MakerDAO rolls out its new MKR and DAI token upgrade. A phishing attack leads to the unfortunate loss of a crypto trader’s $55 million in DAI. In another development, $600 million gets minted in
Dai collateral following eUSD backing. Amidst
Dai's high demand, MoonBag emerges as one of the top meme coin presales. DAI also sets a record by hitting $240 billion in on-chain transaction volume in a week.
DAI's technology ensures security through a decentralized court. The future also holds the possibility of a decentralized 'PureDai'. MakerDAO and Sherlock conduct a security audit contest valued at $1.35 million. MiCA regulations force Uphold to delist major stablecoins, including
DAI. Aave proposes risk parameter adjustments for DAI as MakerDAO prepares for an upgrade.
Ethereum Foundation's selling of 100 ETH for
DAI sparks speculations of a price drop in ETH.
MakerDAO's 'Endgame' aims for a 100 billion DAI in competition with Tether. DeFi Saver becomes a victim of a $55 million DAI theft through a phishing attack.
MakerDAO increases
DAI's debt ceiling to $1 billion and plans further collaborations with Ethena and Morpho Labs.
DAI Coin News Analytics from Tue, 07 Jul 2020 21:41:04 GMT to Sun, 27 Oct 2024 11:37:25 GMT -
Rating 6
- Innovation 2
- Information 5
- Rumor 2
