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) $ 82,481.10 9.09%
Ethereum (ETH) $ 1,645.14 14.23%
Tether (USDT) $ 0.999946 0.05%
XRP (XRP) $ 2.03 15.57%
BNB (BNB) $ 578.42 6.23%
Solana (SOL) $ 117.58 13.74%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.15843 13.64%
TRON (TRX) $ 0.238684 4.72%
Cardano (ADA) $ 0.623381 13.82%