MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.
DAO
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
The NFT-backed loans protocol that lost nearly $12 million in crypto during the recent Curve exploit (and then paid a $1 million bounty to get most back) now has to decide how to fill the hole. JPEG’d is a NFT-collateralized crypto lending app that issues customers a derivative of ETH, called pETH, that’s tied to … Read more
Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows
Decentralized governance-focused crypto project the Aragon Association considered selling itself in June. The deliberations came after months of pressure from activist investors who have eyed Aragon’s $180 million treasury. The Aragon Association, one of the biggest crypto projects building tools to support decentralized governance, is trying to get out of its own governance pickle. After … Read more