proposal

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MakerDAO’s emergency proposal triggers 26% MKR price plunge

0xMain
March 21, 2023

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The maker (MKR) token dropped 26% in value within a week following the news of an emergency proposal to address the DeFi protocol’s $3.1 billion USDC exposure, raising concerns among investors and stakeholders. MakerDAO, the decentralized finance (DeFi) protocol behind the Maker (MKR)...

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Hester Peirce opposes new SEC proposal on crypto custody

0xMain
February 16, 2023

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The SEC commissioner has joined the Crypto Twitter discussion to criticize her agency’s most recent crypto proposal. The US Securities and Exchange Commission Commissioner (SEC) Hester Peirce, who is no stranger to butting heads with her agency, on Feb. 15, called into question...

BlockFi’s assets auctioning proposal approved

0xMain
January 31, 2023

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The court permitted the bankrupt cryptocurrency lender BlockFi to auction off its cryptocurrency mining equipment as part of the company’s continuous attempts to repay its debtors. BlockFi aims to maximize its profits by submitting its bids as early as possible to take advantage...