MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin, DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where contributors manage the platform and discuss decision-making proposals in a forum, and owners of the platform’s governance token, maker (MKR), vote to approve or reject each proposal.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
In a statement, Deputy Attorney General Lisa Monaco said, "Today’s result shows how the Justice Department, working with international partners,...