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Maker (MKR) is Impacted Negatively by Ledger’s ‘Recover’ Option

Ledger’s recovery option sparks concerns, impacting Maker negatively due to concerns regarding privacy and security expressed by users. Despite CEO Pascal Gauthier’s attempts to reassure users, skeptics contend that this service contradicts Ledger’s commitment to protecting private keys. This feature, accessible on the popular Nano X wallet, encrypts and replicates users’ private keys, distributing them […]

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Maker Investors Are Uncertain Amidst Regulatory Stark Warning

Maker (MKR) investors face heightened uncertainty amidst a stark regulatory warning. ESMA’s cautionary statement specifically impacts MKR, emphasizing that investors in this crypto asset are without protection under EU rules until December 2024. The impending implementation of MiCA regulations offers little solace, as investors must brace for the possibility of losing their entire investment. Check […]

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MKR Daily Active Addresses Reach Two-Month High, Signaling Impending Surge

MKR Daily Active Addresses reached a two-month high at 761 on October 2, sustaining above 400 since September 26. The surge in daily transactions followed the Federal Reserve’s decision to halt interest rate adjustments on September 20. Following the TerraUST-induced market crash in May 2022, MKR experienced a significant transformation, thanks to MakerDAO’s adept team. […]

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