Stablecoin DAI has been involved in a number of notable events recently. A significant development is DAI's comparison against Ethena's USDe and controversy under MiCA regulations, garnering attention amongst potential investors and users. This was accompanied by the news of a Coinbase exploit, in which a hacker swapped $5M DAI to USDC. Ethereum Foundation forming the dAI team may influence the perception of the
Cryptocurrency, indicating a potential blend between AI and the blockchain. Troubling news for DAI came in the form of exchanges such as
Binance and
Crypto.com announcing the delisting of non-MiCA stablecoins, including DAI, in Europe by the end of March.
Ethereum's founder, Vitalik Buterin, has also drawn attention by minting DAI and trading meme coins, revealing his activity in the space. Concurrently, DAI's rebranding and potential upgrade to USDS under the MakerDAO rebrand to Sky sparked interest. Despite significant competition from other stablecoins such as USDT and USDC, DAI continued to make news, particularly when surpassing the $5B market cap on higher yield, indicating continued demand and utilisation.
DAI Coin News Analytics from Thu, 28 Dec 2017 03:05:08 GMT to Wed, 15 Oct 2025 20:48:45 GMT -
Rating -5
- Innovation 1
- Information -3
- Rumor -4