Welcome to the new financial system. Same as the old one? On the face of it, the philosophical differences between centralised and decentralised finance (or ‘CeFi’ and ‘DeFi’, for short) […]
According to CoinDesk, the MakerDAO protocol that underlies automated lending on the ethereum blockchain has run out of collateral, threatening its solvency. MakerDAO faces an emergency shutdown with $4 million […]