MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions

MakerDAO, one of the oldest DAOs, has suspended its DAI stablecoin from being minted and deposited into Aave's lending platform. The post MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions appeared first on BeInCrypto.

MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave's crypto lending platform.

MakerDAO Voted To Disable Aave DAI Supply: Report

MakerDAO voted to disable Aave DAI supply in an effort to reduce exposure to Celsius using stETH as collateral through the Direct Deposit Module so let's read more today in our latest cryptocurrency news. MakerDAO voted to disable AAve DAI Supply for the DEFI lending platform later today and that platform noted: “The Maker Governance […]

MakerDAO votes to disable Aave DAI deposit to stave off Celsius risks

MakerDAO has announced the removal of the leading lending platform, Aave, as one of those with direct deposit module (D3M) access to its lending pool. The post MakerDAO votes to disable Aave DAI deposit to stave off Celsius risks appeared first on CryptoSlate.

Best DeFi Coins To Buy For High Returns June 2022

The selloff in crypto assets has affected the decentralised finance (DeFi) space. Volumes locked have dropped significantly over the past month, and DeFi coin prices [.

DeFi Giant MakerDAO Braces For Celsius Liquidation As stETH Slumps

MakerDAO said on Thursday it will disable direct deposits with peer Aave due to the latter's high exposure to a potential Celsius liquidation.  The move was bought up in a governance proposal that was approved by the MakerDAO community, and is set to be executed on June 17.

Crypto CRASH! Those are the Biggest Losers…For Now

Which cryptos are the biggest losers during this crypto crash? Here's our top 3, taking into consideration cryptos with a +$250M market cap.

Umee And MakerDAO Initiate Dai Into The Cosmos Ecosystem

Umee brings Dai (CRYPTO: DAI) into the Cosmos (CRYPTO: ATOM) Ecosystem, in partnership with MakerDAO (CRYPTO: MKR). As a borrowing and lending DeFi hub, Umee seeks to facilitate seamless cross-chain operations.