DAI

  • What is Dai (Bank Dollar Loan)?

    What is Dai? Dai is a type of cryptocurrency that allows borrowers to obtain fi

    08/19/2023
    68
  • An Overview of the First Quarter of 2023 Encryption Market Recovery

    According to reports, according to data released by the encryption analysis company Santiment on social media, as the encryption market recovers in the first quarter of 2023, the c

    04/02/2023
    65
  • The MakerDAO community approved a comprehensive set of rules on Monday

    According to reports, the MakerDAO community approved a comprehensive set of rules on Monday outlining how the $7 billion lending platform Maker will operate and make decisions in

    03/28/2023
    63
  • Euler Finance attacker returns 5 million DAIs again

    On March 28th, PeckShield monitoring data showed that 5 million DAIs had been transferred from the Euler Finance attacker\’s address to the Euler: Multisig 2 address.
    Euler Finance

    03/28/2023
    65
  • Title: Euler Finance Attacker Steals $37.1 Million in Ethereum and Dai

    On March 28th, it was reported that at 2:21 a.m. Beijing time today, the Euler Finance attacker\’s address sent 7738.05 ETHs (approximately $13.2 million) to the Euler deployer\’s ad

    03/28/2023
    63
  • MakerDAO’s Vote for the Maker Charter: A Framework for Improving the DAO, Maker Agreement, and DAI

    According to reports, MakerDAO has officially issued a document stating that a vote is being held on the Maker Charter, which includes a scope and framework to identify clear areas

    03/25/2023
    74
  • MakerDAO Community Votes to Retain USDC as Main Reserve Asset of DAI

    According to reports, according to the official website, the MakerDAO community has voted to approve the proposal to \”retain the USDC as the main reserve asset of the stable curren

    03/24/2023
    82
  • The Dominance of USDT as Stablecoin in the Cryptocurrency Market

    According to reports, according to the latest data from blockchain analysis company Glassnode, as USDC, DAI, and BUSD continue to hit new lows, as well as the continuous increase i

    03/23/2023
    104
  • #Table of Contents

    On March 21, the MakerDAO community launched a public opinion poll on the standardization of PSM parameters. Option 1 of the proposal is to diversify the stable currency reserves o

    03/21/2023
    65
  • MakerDAO’s Endgame: A Governance Reform Proposal by Rune Christensen

    According to reports, Maker founder Rune Christensen released a governance reform proposal called Endgame at the governance forum, which includes implementing the Maker Constitutio

    03/20/2023
    66
  • MakerDAO to Diversify Assets by Investing in US Treasury Bonds

    It is reported that, according to official news, MakerDAO’s proposal to raise the investment ceiling of US treasury bond bonds from US $500 million to US $1.25 billion has been passed. This proposal won 77% of the votes. MakerDAO will use USD750 million in PSM to purchase more US treasury bond bonds, thus diversifying the current assets supporting DAI. These bonds mature every two weeks and will be purchased a total of 12 times over a six-month period for $62.5 million each. According to the proposal, the strategy expects a net annualized yield of 4.6% to 4.5% after deducting custody and expected transaction costs. MakerDAO has approved the proposal to raise the investment ceiling of US treasury bond bonds to US $1.25 billion Analysis based on this information:MakerDAO, the decentralized finance platform, has successfully raised its investment ceiling on US Treasury Bonds from $500 million to $1.25 billion. The proposal was passed with 77% of the votes, and the firm…

    03/17/2023
    72
  • Euler Finance offers a deal to hackers to return stolen assets

    On March 15th, the loan agreement Euler Finance continued to release information to hackers on the chain. Euler said that the simplest way is to return 90% of the DAI and ETH under your control to the EulerDAO vault address, and 10% as a white hat hacker reward. Then, the investigation will be stopped, and the focus can be shifted to distributing funds to the agreement users without resorting to legal channels. Euler: If a hacker returns 90% of the stolen DAI and ETH, the remaining 10% can be used as a white hat hacker reward Analysis based on this information:Recently, Euler Finance, a loan agreement, suffered a major security breach when hackers gained control of their system, and as a result, Euler has been releasing information to the hackers on the chain. Now, the company has come up with a solution that can safeguard the interests of the agreement users and also pay rewards to the hackers who return…

    03/15/2023
    67
  • Large DAI to USDC conversion observed in recent hours

    According to reports, PeckShield has monitored that the address labeled Justin Sun has just exchanged 41.3 million DAIs for 41.3 million USDCs and transferred them to the intermediate address (0x30df… 0de). This address has exchanged 100 million DAIs for 100 million USDCs in the past 17 hours and transferred them to Coinbase. Justin Sun’s address changes 41.3 million DAIs to 41.3 million USDCs and transfers them to an intermediate address Analysis based on this information:PeckShield, a blockchain security company, has reported a significant transaction that involves the conversion of a large amount of DAI to USDC. The report reveals that an address associated with Justin Sun has exchanged 41.3 million DAIs for 41.3 million USDCs and transferred them to an intermediate address. Notably, this is not an isolated transaction, as the same address reportedly completed the exchange of 100 million DAIs for 100 million USDCs in the past 17 hours and transferred them to Coinbase. This high-volume transaction is notable…

    03/15/2023
    67
  • Sun Yuchen’s wallet earns over $3.3M during USDC breakdown

    On March 15, it was reported that Lookonchain monitoring data showed that it was suspected that Sun Yuchen’s wallet had earned more than 3.3 million dollars during the period when the USDC broke down. The address starting with 0xbcb7 was removed from Aave after the USDC was anchored, and 50 million USDCs were exchanged 1:1 for DAI. Subsequently, the USDC was removed from Coin An and also exchanged for DAI. The address then withdrew 214.9 million USDTs from Coin An, converting 100 million of them into 103.3 million USDCs, 75 million USDTs into 75.5 million DAIs, and then converting all USDCs into DAIs. Lookonchain: It is suspected that Sun Yuchen’s wallet earned more than 3.3 million US dollars during the period of USDC’s anchor release Analysis based on this information:The message reveals a possible transaction made by Sun Yuchen’s wallet during a period when the USDC (USD Coin) experienced a breakdown. Lookonchain monitoring data reported that the wallet earned more…

    03/15/2023
    79
  • BonqDAO Hack: 49.4 ETH Converted into 82000 DAIs

    It is reported that according to CertiK monitoring, the hacker of BonqDAO attack has transferred about 49.4 ETHs to the EOA account address 0x9ec. At present, the funds have been converted into about 82000 DAIs. The hacker of BonqDAO attack has transferred about 49.4 ETHs to the EOA account address 0x9ec Analysis based on this information:CertiK monitoring has revealed some alarming news about the recent BonqDAO attack. According to their report, the hacker has transferred 49.4 ETHs to the EOA account address 0x9ec. This highlights the importance of system security and vulnerability assessments through a CertiK audit, as even a small vulnerability could lead to devastating consequences. The hacker has successfully converted the funds into about 82000 DAIs, which gives them a considerable amount of leverage. DAI has become increasingly popular, as it is a decentralized stablecoin that offers the advantages of a stable currency without the centralized control prevalent in traditional fiat currencies. DAI has become a popular choice…

    03/14/2023
    79
  • Disengagement of USDC and DAI from US Dollar Triggers Loan Repayment Frenzy

    On March 14, the news that USDC and DAI had recently disengaged from the US dollar triggered a frenzy of loan repayment last weekend, which saved debtors more than US $100 million in loans. Report: The debtor repaid the loan during the period of stable currency anchoring, saving more than US $100 million Analysis based on this information:The news that USDC and DAI had recently disengaged from the US dollar triggered a frenzy of loan repayment last weekend, which saved debtors more than US $100 million in loans. This development could be interpreted in a number of ways depending on one’s perspective. For those who have been following the USDC and DAI story, this could be seen as a positive development. USDC and DAI are two prominent cryptocurrencies that are pegged to the US dollar. They are essentially stablecoins that are designed to maintain a 1:1 ratio with the US dollar. However, their recent disengagement from the US dollar has…

    03/14/2023
    70
  • Stablecoins USDC and DAI Recover Value After Price Dip

    According to the report, according to CoinGecko data, the price of USDC has rebounded to above US $0.98 and is currently at US $0.987856. DAI prices have also risen to above US $0.98 and are currently at US $0.987856. USDC and DAI both rose to above $0.98 Analysis based on this information:The recent volatility in the cryptocurrency market has caused many investors to reassess their portfolios and shift their holdings towards more stable options. As a result, stablecoins have experienced renewed interest in the market. Stablecoins are a type of cryptocurrency that is pegged to a stable asset like the US dollar or other fiat currencies. They are designed to mitigate the inherent price fluctuations of other cryptocurrencies, making them a popular choice for traders looking for stability during uncertain times. CoinGecko, a leading cryptocurrency market data provider, has released a report stating that USDC and DAI, two of the most popular stablecoins in the market, have rebounded after experiencing…

    03/13/2023
    68
  • Crypto Market Fluctuations Requires Effective Risk Control

    According to the latest data from CoinGecko, DAI is currently quoted at US $0.95996, a decline of 4.2% in 24 hours. The market fluctuates greatly. Please do a g

    03/12/2023
    84
  • DAI’s Fluctuating Price: A Temporary Rise Amidst a Decline

    On March 12, according to CoinGecko data, the current DAI has rebounded to the range of 0.98 US dollars, rising to 0.984121 US dollars for a short time, and is now at 0.971387 US dollars. DAI rebounded to 0.98 USD range Analysis based on this information:CoinGecko’s data shows that the price of DAI, a cryptocurrency pegged to the U.S. dollar, has experienced fluctuations in recent days. On March 12, the coin’s value rose to a range of 0.98 US dollars, with a peak value of 0.984121 US dollars, before declining to its current level of 0.971387 US dollars. The rise in DAI’s price can be attributed to several factors. At the time of the price surge, the overall cryptocurrency market was performing well, with Bitcoin surging above 57,000 US dollars after Tesla announced that it had invested 1.5 billion US dollars in the digital asset. This buoyed other cryptocurrencies, including DAI. Furthermore, the rise in DAI’s price could be linked…

    AI & Tech Insights 03/12/2023
    80
  • Bank of Silicon Valley Incident Causes Temporary Anchorage of USDC and DAI

    On March 11, it was reported that USDC and DAI were temporarily slightly anchored due to the Bank of Silicon Valley incident. According to the market, USDC is t

    03/11/2023
    66
  • The USDC, DAI and GUSD: The Digital Currencies to Watch from 12:00-21:00.

    12:00-21:00 Key words: USDC, DAI, GUSD
    Overview of important developments in the evening of March 11
    Analysis based on this information:
    The blockchain and cryp

    03/11/2023
    79
  • V God Buys USDC and DAI Using RAIs in a Big Cryptocurrency Move

    It is reported that according to PeckShield statistics, V God\’s address bought USDC and DAI after 14:24 this afternoon. He transferred 500ETH to Reflexer to cas

    03/11/2023
    69
  • Encrypted KOL “Shenyu” raises concerns on USDC stability

    It is reported that the encrypted KOL \”Shenyu\” tweet analysis said that the USDC has two key nodes. The first is that there are 3 billion USDC mortgages in the

    03/11/2023
    70
  • DAI plunges by 10.9% in 24 hours, CoinGecko reports

    It is reported that according to the latest data of CoinGecko, DAI is now quoted at US $0.891195, with a drop of 10.9% in 24 hours. The market fluctuates greatl

    03/11/2023
    66
  • Sun Yuchen’s Massive Extraction Leads to Reduced USDCs from Aave V2

    On March 11, according to Paidun monitoring data, Sun Yuchen extracted 82 million USDCs from Aave V2 and converted them into DAI. After Sun Yuchen\’s address, 11

    03/11/2023
    67
  • DAI Declines Rapidly, Portending a Bearish Crypto Market

    On March 11, the data of CoinGecko showed that the stable currency DAI was currently at US $0.940511, down 6% in 24 hours.
    DAI is currently at US $0.940511, dow

    03/11/2023
    77