undercollaterization

‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation

The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black...
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Bitcoin (BTC) $ 101,623.23 3.06%
Ethereum (ETH) $ 2,420.10 7.30%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.10 4.81%
BNB (BNB) $ 633.78 4.53%
Solana (SOL) $ 144.56 5.85%
USDC (USDC) $ 1.00 0.00%
TRON (TRX) $ 0.282228 2.81%
Dogecoin (DOGE) $ 0.171714 8.91%
Cardano (ADA) $ 0.627728 5.83%