MakerDAO Risk Core Unit makes urgent parameter change request in light of recent market events

The MakerDAO Danger Core Unit, a key group throughout the MakerDAO governance system, submitted an pressing request on Nov. 11 to alter collateral parameters for the decentralized autonomous group’s stablecoin, Dai (DAI). Primoz, a member of the Danger Core Unit group, posted the request to the MakerDAO discussion board.β€œ In gentle of current occasions within …

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BTC outflows hit multi-month highs

Bitcoin (BTC) miners could form the next BTC price β€œtrigger,” research warns as withdrawals intensify. In a post for on-chain analytics platform CryptoQuant on Nov. 10, contributor MAC.D suggested that miners could soon face β€œbankruptcy.” Network conditions “will strangle” miners. After BTC/USD fell 20% in a matter of days, miners began operating at a higher …

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