Maker Coin, also known as
MKR, has seen significant buzz in the recent news updates. Actions have been taken against a market maker for alleged fraud, pointing to irregularities in the
GPS and
SHELL market. Reports of the
Ethereum Foundation denying rumors of Maker liquidation further stirred the market. Amidst this, South Korean legal authorities have arrested a prominent crypto market maker over fresh ‘scam coin’ allegations. As altcoins continue to deal with a bearish trend,
Portofino Technologies has shared ambitious plans for 2025, while the MKR price has approached substantial resistance after hitting a 2-week high. Amidst rumors of crypto market manipulation, major player
Wintermute is planning to expand in the U.S., opening a New York office. Despite lagging behind other tokens, MakerDAO’s robust revenue suggests potential for growth. Sky, previously known as Maker, launched a stablecoin called
USDS on
Solana. Further, the crypto market continues to speculate over potential ‘millionaire-maker’ coins, including
Shiba Inu and NIO’s stock. MakerDAO has rebranded as Sky, announcing the upcoming USDS stablecoin launch and offering optional conversions of
MRK into a new governance token. Highlighting the volatile DeFi market,
Aave, Maker, and Lido DAO are observing key levels, and MKR has dropped to a 12-month low. As news swirls around, the crypto community remains keenly focused on this evolving scenario.
Maker Coin News Analytics from Fri, 02 Aug 2024 07:00:00 GMT to Tue, 11 Mar 2025 18:21:26 GMT -
Rating -4
- Innovation -2
- Information 5
- Rumor 3
