Altcoins News: What Is GHO? MakerDAO Users Took Part In An Interesting Voting

Key Takeaways 

• Crypto lender Celsius (CEL) reclaimed US$440M of collateral after paying off the entirety of its loan from MakerDAO (MKR).
• The MakerDAO community recently voted on world-first proposals to bring traditional banking into its ecosystem, including Huntingdon Valley Bank and SG Forge Bank.
• Aave (AAVE) shared a governance proposal on Thursday to launch an Ethereum-based (ETH) and overcollateralised stablecoin pegged to the U.S. dollar named GHO.
• This week’s price, volume, and volatility indices were positive at +16.26%, +8.24%, and  +23.95%, respectively.

Highlights

• SushiSwap votes to let traders offset carbon emissions
• Vauld stops withdrawals, eyes restructure after users pull nearly US$200M
• Voyager seeks ‘strategic alternatives’ following pause to withdrawals
• USDC transparency stack upgraded by Circle
• Crema Finance attacker returns almost US$8M, keeps $1.7M bounty
• Tether reveals how it returned funds to Celsius following liquidation
• KeyFi CEO sues Celsius on grounds of ‘failing to uphold the contract’ and more
• Decentralised mixer Tornado Cash makes its user interface open-source
• Aztec launches DeFi privacy bridge Aztec Connect

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Research and Insights Team

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