Minting

Posted by | December 13, 2023
Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted. 179 Total views 1 Total shares Decentralized...

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Posted by | November 3, 2023
OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch

This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. 3137 Total views 23 Total shares Nonfungible token (NFT)...

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makerdao-votes-to-keep-usdc-as-primary-collateral,-rejects-‘diversification’-plan
Posted by | March 24, 2023
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan

MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has voted overwhelmingly to keep USD Coin (USDC) as the primary collateral for Dai. An alternative proposal to “diversify”...

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circle-clears-‘substantially-all’-minting-and-redemption-backlog-for-usdc
Posted by | March 15, 2023
Circle clears ‘substantially all’ minting and redemption backlog for USDC

The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion USDC. 4809 Total views 8 Total shares Own this piece...

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acala-community-votes-to-burn-2.97-billion-of-erroneously-minted-ausd-stablecoin
Posted by | August 22, 2022
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch. 837 Total views 6 Total shares According to a new post by Acala Network co-founder Bette...

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