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Maker (now Sky) 's new stablecoin contains a freeze function, which has been called into question by centralization

On August 28th, crypto KOL Laurence and others said that Maker's (now Sky) new stablecoin USDS has a function that allows its issuers to freeze tokens. Maker has also been questioned for centralization. In this regard, Maker co-creator Rune Christensen clarified that there will be no freeze function when the new protocol is released, only an upgrade function. "Therefore, in the future, governance can decide how to implement a similar freeze function based on considering all data, and find ways t...

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2024-08-28 06:03:01
Traders raise bets on rate cuts for 2024

Traders upped their bets on a rate cut in 2024, now expecting 111 basis points.

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2024-08-02 12:38:47

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