Tag: Maker stablecoin controversy

news-28082024-141853

Maker Faces Backlash Over USDS Stablecoin Freeze Function

Maker, recently rebranded to Sky, is facing backlash over its USDS stablecoin freeze function, which has raised concerns about decentralization within the project. The controversial feature allows the issuer to freeze transactions, sparking criticism...
news-28082024-020522

Sky Draws Ire For Controversial Stablecoin Change

MakerDAO, now rebranded as Sky, has recently stirred controversy within the crypto community with the announcement of a new stablecoin called USDS. This new token has raised concerns among crypto enthusiasts due to a...