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Dai price

Dai PriceDAI

Listed
Buy
$1USD
-0.02%1D
The Dai (DAI) price in is $1 USD as of 20:00 (UTC) today.
Price Chart
Market cap
TradingView
Dai price USD live chart (DAI/USD)
Last updated as of 2025-06-13 20:00:32(UTC+0)
Market cap:$5,365,873,992.43
Fully diluted market cap:$5,365,873,992.43
Volume (24h):$20,166,452,893.11
24h volume / market cap:375.82%
24h high:$1
24h low:$0.9999
All-time high:$3.67
All-time low:$0.8973
Circulating supply:5,365,382,700 DAI
Total supply:
5,365,382,702.66DAI
Circulation rate:99.00%
Max supply:
--DAI
Price in BTC:0.{5}9512 BTC
Price in ETH:0.0003955 ETH
Price at BTC market cap:
$389.53
Price at ETH market cap:
$56.89
Contracts:
0xDA10...9000da1(Arbitrum)
Moremore
Links:

Live Dai Price Today in USD

The live Dai price today is $1 USD, with a current market cap of $5.37B. The Dai price is down by 0.02% in the last 24 hours, and the 24-hour trading volume is $20.17B. The DAI/USD (Dai to USD) conversion rate is updated in real time.
How much is 1 Dai worth in ?
As of now, the Dai (DAI) price in is valued at $1 USD. You can buy 1DAI for $1 now, you can buy 10 DAI for $10 now. In the last 24 hours, the highest DAI to USD price is $1 USD, and the lowest DAI to USD price is $0.9999 USD.

Do you think the price of Dai will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Dai's price trend and should not be considered investment advice.

About Dai (DAI)

What Is MakerDAO Stablecoin?

MakerDAO Stablecoin (DAI) is a pivotal project within the world of Decentralized Finance (DeFi), having emerged in 2015 following the launch of Ethereum's first mainnet. The dedicated team of developers spent two years crafting the framework that allows for the creation of DAI Stablecoin. MakerDAO, the decentralized autonomous organization behind DAI, ensures its decentralized nature and impartiality.

Additionally, MakerDAO laid the groundwork for lending and borrowing activities on the Ethereum blockchain, with the primary goal of reducing reliance on financial intermediaries and facilitating access to loans.

Unlike USDT or USDC, DAI Stablecoin's value is pegged to the US Dollar at a 1:1 ratio without the need for physical reserves. MakerDAO enables borrowers to generate DAI by depositing collateral. The supported collaterals include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

One remarkable aspect of DAI is its status as an algorithmic stablecoin. Its value remains consistently pegged to US$1.00 throughout its existence due to the clever smart contract design of MakerDAO. This design governs which collaterals are accepted, the corresponding collateral ratio, and the destruction of DAI when loans are repaid. As a result, MakerDAO retains control over the circulating supply of DAI and, consequently, its value.

A crucial aspect of DAI Stablecoin's design is overcollateralization. The requirement for collaterals to exceed the amount of DAI issued by more than 100% is essential to mitigate default risk for lenders. This approach directly addresses the volatility of cryptocurrency values, thereby maintaining the peg between DAI and USD and safeguarding the value of lenders' assets.

Resources

Whitepaper: https://makerdao.com/en/whitepaper

Official website: https://makerdao.com/en/

How does MakerDAO Stablecoin work?

Taking out a loan

To initiate the issuance of DAI Stablecoins, a borrower deposits collateral, resulting in the creation of new DAI. Upon returning the original amount of DAI, the borrower's collaterals are returned, and the returned DAI is destroyed to prevent an excessive number of circulating tokens. Due to potential arbitrage activities, the borrower might earn more DAI than the original amount, allowing them to keep the difference.

Liquidation

In cases where a borrower fails to repay the loan in DAI or the collateralization ratio falls below the required level, liquidation occurs. The overcollateralization rule mandates that the collateral-to-DAI ratio must always exceed 100%, for example, 175% for wBTC. This means that if a borrower deposits US$175 in Bitcoin, they'll receive a loan of US$100 in DAI, with the remaining US$75 reserved for the mentioned extreme scenarios. To safeguard the system from impaired loans, anyone can trigger the liquidation function on the contract and receive a percentage of the balance as a reward.

What Determines MakerDAO Stablecoin Price?

The Dai stablecoin, a crucial player in the decentralized finance (DeFi) ecosystem, derives its value from an intricate system that aims to keep the current Dai price in USD as stable as possible. Engineered by MakerDAO, this system of smart contracts on the Ethereum blockchain utilizes Collateralized Debt Positions (CDPs) to determine the Dai value. Users can lock up assets like ETH in these CDPs, which are over-collateralized, thereby ensuring the Dai USD price remains stable. For example, if you were to lock up $300 worth of ETH, you could borrow up to 66% of the collateral's value in Dai, maintaining a collateralization ratio of 150%. This over-collateralization plays a pivotal role in Dai price stability.

If you're ever asking, "What is the current price of Dai?" or "Is the price of Dai going up?", the answer can be found in its robust governance and technical architecture. Real-time Dai price is a complex outcome of smart contracts, governance by MKR token holders, and automated market mechanisms. All these factors contribute to making Dai one of the most reliable assets in the cryptocurrency landscape, often leading to discussions about Dai price prediction for 2023 and beyond. This makes it essential for anyone interested in stablecoins or Dai price analysis to understand the sophisticated systems at play.

Conclusion

In conclusion, MakerDAO Stablecoin (DAI) is a pivotal project in DeFi, offering a decentralized and stable solution pegged to the US Dollar. Its innovative algorithmic design and overcollateralization ensure stability and reliability, making it a driving force in the decentralized financial ecosystem.

It's important to note that like any other cryptocurrencies, MakerDAO Stablecoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

AI analysis report on Dai

Today's crypto market highlightsView report
Today's Dai price performance summaryView report
Dai project analysis reportView report

Dai Price History (USD)

The price of Dai is -0.02% over the last year. The highest price of DAI in USD in the last year was $1.01 and the lowest price of DAI in USD in the last year was $0.9992.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.02%$0.9999$1
7d-0.01%$0.9997$1
30d-0.01%$0.9997$1
90d-0.03%$0.9997$1
1y-0.02%$0.9992$1.01
All-time+0.24%$0.8973(2023-03-11, 2 years ago )$3.67(2021-11-16, 3 years ago )
Dai price historical data (all time).

What is the highest price of Dai?

The DAI all-time high (ATH) USD was $3.67 , recorded on 2021-11-16. Compared to the Dai ATH, the Dai current price is down by 72.75%.

What is the lowest price of Dai?

The DAI all-time low (ATL) USD was $0.8973 , recorded on 2023-03-11. Compared to the Dai ATL, the Dai current price is up by 11.46%.

Dai Price Prediction

When is a good time to buy DAI? Should I buy or sell DAI now?

When deciding whether to buy or sell DAI, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DAI technical analysis can provide you with a reference for trading.
According to the DAI 4h technical analysis, the trading signal is Neutral.
According to the DAI 1d technical analysis, the trading signal is Strong sell.
According to the DAI 1w technical analysis, the trading signal is Strong sell.

What will the price of DAI be in 2026?

Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $1.1 in 2026.

What will the price of DAI be in 2031?

In 2031, the DAI price is expected to change by +7.00%. By the end of 2031, the DAI price is projected to reach $2.42, with a cumulative ROI of +142.00%.

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FAQ

What factors influence the price of Dai?

The price of Dai is primarily influenced by its peg to the US Dollar, demand and supply dynamics, the stability mechanisms of the MakerDAO system, and broader market conditions for cryptocurrencies.

Is Dai a good investment?

Dai is designed to maintain a stable value relative to the US Dollar, so it is not typically used for investment in terms of price appreciation. However, it can be a useful tool for earning interest in decentralized finance (DeFi) platforms or as a stable store of value.

How does the Dai stablecoin maintain its peg to the US Dollar?

Dai maintains its peg through a system of collateralized debt positions and smart contracts on the Ethereum blockchain, managed by the MakerDAO protocol. Users lock up collateral, such as Ethereum, to generate Dai, maintaining stability through over-collateralization and incentive mechanisms.

What are the risks associated with holding Dai?

Risks include smart contract vulnerabilities, regulatory changes, fluctuations in the underlying collateral value, and potential issues in maintaining the peg during extreme market conditions.

Where can I trade Dai?

You can trade Dai on various cryptocurrency exchanges, including Bitget Exchange, which offers multiple trading pairs and robust security features.

How popular is Dai compared to other stablecoins?

Dai is one of the most popular decentralized stablecoins, widely used in the DeFi space. It competes with other stablecoins like USDT and USDC, which are more centralized.

What is the difference between Dai and other stablecoins like USDT?

Dai is a decentralized stablecoin maintained by the MakerDAO platform, backed by crypto collateral. In contrast, USDT is a centralized stablecoin backed by fiat reserves held by Tether Limited.

Can Dai lose its peg to the US Dollar?

While Dai is designed to maintain its peg to the dollar, extreme market conditions or systemic issues could cause short-term deviations. The MakerDAO system has mechanisms to restore the peg when such deviations occur.

How can I earn interest on Dai?

You can earn interest on Dai through various DeFi platforms by lending it out or providing liquidity, often at higher rates than traditional banking. Platforms like Aave, Compound, or Bitget Exchange offer such opportunities.

What is the future outlook for Dai regarding market adoption?

The future outlook for Dai appears positive as the demand for decentralized financial instruments grows. It plays a critical role in DeFi, and continued adoption depends on the expansion of the DeFi ecosystem and user trust in decentralized solutions.

What is DAI?

DAI is a stablecoin created by MakerDAO. Unlike centralized stablecoins which are backed by fiat currency in a bank account, DAI is over-collateralized by digital assets (e.g., Ethereum) that are locked in a decentralized smart contract system on the Ethereum blockchain.

What is stablecoin?

A stablecoin is a cryptocurrency designed to maintain a consistent value, unlike highly volatile cryptocurrencies like Bitcoin or Ethereum. It's usually tied to a reserve, such as the US dollar, gold, or other assets. The main goal of stablecoins is to blend the advantages of cryptocurrencies, like fast transactions and security, with the stable value of traditional currencies. As a result, they're ideal for daily transactions.

How does DAI maintain its peg to the US dollar?

DAI maintains its peg through a system of Collateralized Debt Positions (CDPs). Users can lock up their assets (like Ethereum) as collateral to generate DAI. If the value of the collateral falls, the system can automatically liquidate (sell off) a portion to ensure DAI remains fully backed. There's also a mechanism where if DAI moves off its peg, the interest rate (called the Stability Fee) for borrowing DAI can be adjusted to incentivize or disincentivize its creation, pushing its price back toward $1.

How is DAI Stablecoin backed?

DAI is backed by a variety of cryptocurrency collaterals. MakerDAO allows borrowers to create DAI by depositing collateral. The types of collateral supported include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

How does overcollateralization work in DAI's design?

Overcollateralization ensures that the value of collateral deposited is always more than the amount of DAI issued. For instance, with a 175% collateralization for wBTC, if you deposit US$175 in Bitcoin, you'd receive a loan of US$100 in DAI. This mechanism targets cryptocurrency volatility, maintaining the peg between DAI and USD and safeguarding lenders' assets.

Is DAI a safe investment?

DAI's smart contract has undergone multiple audits, and the system has safeguards like over-collateralization to protect its stability. However, like all crypto projects, there are inherent risks, such as smart contract vulnerabilities or extreme market conditions that could potentially affect the system. Users should always do their own research and perhaps consult financial professionals before making decisions.

What is the current price of Dai?

The live price of Dai is $1 per (DAI/USD) with a current market cap of $5,365,873,992.43 USD. Dai's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Dai's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Dai?

Over the last 24 hours, the trading volume of Dai is $20.17B.

What is the all-time high of Dai?

The all-time high of Dai is $3.67. This all-time high is highest price for Dai since it was launched.

Can I buy Dai on Bitget?

Yes, Dai is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Dai?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dai with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Dai Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DAI/USDT
  • Spot
  • 0.9995
  • $1.09M
  • Trade
  • 2
  • DAI/USDC
  • Spot
  • 0.9999
  • $49.08K
  • Trade
  • Dai Holdings

    Dai holdings distribution matrix

  • Balance (DAI)
  • Addresses
  • % Addresses (Total)
  • Amount (DAI|USD)
  • % Coin (Total)
  • 0-100 DAI
  • 444.41K
  • 90.39%
  • 3.73M DAI
    $3.73M
  • 0.10%
  • 100-1000 DAI
  • 28.37K
  • 5.77%
  • 8.62M DAI
    $8.62M
  • 0.23%
  • 1000-10000 DAI
  • 10.56K
  • 2.15%
  • 36.8M DAI
    $36.8M
  • 1.00%
  • 10000-100000 DAI
  • 5.6K
  • 1.14%
  • 188.64M DAI
    $188.62M
  • 5.13%
  • 100000-1000000 DAI
  • 2.22K
  • 0.45%
  • 685.9M DAI
    $685.8M
  • 18.66%
  • 1000000-10000000 DAI
  • 449
  • 0.09%
  • 1.07B DAI
    $1.07B
  • 29.03%
  • 10000000-100000000 DAI
  • 33
  • 0.01%
  • 697.56M DAI
    $697.45M
  • 18.98%
  • 100000000-1000000000 DAI
  • 4
  • 0.00%
  • 987.68M DAI
    $987.54M
  • 26.87%
  • 1000000000-10000000000 DAI
  • 0
  • 0.00%
  • 0 DAI
    $0
  • 0.00%
  • >10000000000 DAI
  • 0
  • 0.00%
  • 0 DAI
    $0
  • 0.00%
  • Dai holdings by concentration

    Whales
    Investors
    Retail

    Dai addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Dai Social Data

    In the last 24 hours, the social media sentiment score for Dai was 4, and the social media sentiment towards Dai price trend was Bullish. The overall Dai social media score was 2,012, which ranks 152 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Dai being mentioned with a frequency ratio of 0.01%, ranking 227 among all cryptocurrencies.

    In the last 24 hours, there were a total of 63 unique users discussing Dai, with a total of Dai mentions of 108. However, compared to the previous 24-hour period, the number of unique users decrease by 7%, and the total number of mentions has decrease by 31%.

    On Twitter, there were a total of 3 tweets mentioning Dai in the last 24 hours. Among them, 100% are bullish on Dai, 0% are bearish on Dai, and 0% are neutral on Dai.

    On Reddit, there were 0 posts mentioning Dai in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 100% .

    All social overview

    Average sentiment (24h)
    4
    Social media score (24h)
    2.01K(#152)
    Social contributors (24h)
    63
    -7%
    Social media mentions (24h)
    108(#227)
    -31%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    3
    0%
    X sentiment (24h)
    Bullish
    100%
    Neutral
    0%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    0
    -100%
    Reddit comments (24h)
    0
    0%

    How to buy Dai(DAI)

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    Cryptocurrency investments, including buying Dai online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dai, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dai purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    DAI/USD price calculator

    DAI
    USD
    1 DAI = 1 USD. The current price of converting 1 Dai (DAI) to USD is 1. Rate is for reference only. Updated just now.
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    DAI resources

    Tags

    Asset-Backed Stablecoin
    Moremore

    Dai ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    Bitget Insights

    Crypto-Ticker
    Crypto-Ticker
    17h
    GENIUS Act Now in Play: A Turning Point for Crypto Regulation and Stablecoins?
    After months of political back-and-forth, the U.S. Senate has invoked cloture and is moving forward with the GENIUS Act , officially titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025. This marks one of the pivotal moments for crypto regulation in U.S. history . But what exactly is the GENIUS Act, and why is it sending ripples through the digital asset ecosystem? The GENIUS Act aims to establish a federal framework for stablecoins, crypto tokens pegged to fiat currencies like the U.S. dollar. It outlines who can issue stablecoins, how they must be backed, and what protections must be in place for consumers and the financial system. With a clear regulatory path, big financial players like JPMorgan, PayPal, or even tech firms like Stripe and Square could finally go all-in on U.S. dollar–backed stablecoins. This legitimizes stablecoins as reliable tools for payments, remittances, and on-chain finance. The GENIUS Act emphasizes transparency and reserves. That could drastically reduce the risk of collapses like Terra’s UST or fears around Tether’s reserves . With federal clarity, stablecoins could become embedded in everything from retail payments to international trade and DeFi protocols. It may also unlock trillions in sidelined institutional capital. While the GENIUS Act focuses on stablecoins, its implications go far beyond: Altcoins and utility tokens may benefit from the increased trust and regulatory clarity that spills into the broader market. Global regulators could follow suit, adopting their own versions of the Act—creating a harmonized global framework for digital assets. Tokenized assets (RWA) like real estate, commodities, and equities will gain a regulatory model for interacting with stablecoins as their settlement layer. DeFi and Web3 apps can start integrating stablecoins in compliance with a known standard—removing uncertainty for developers, users, and regulators. The Senate has set the stage, with the final vote likely taking place by June 13. After that: In a space long haunted by regulatory ambiguity, the GENIUS Act feels like a breath of fresh air. Whether you’re a trader, a protocol builder, a fintech innovator, or a stablecoin issuer, this bill—if signed into law—will finally provide the playbook. Crypto isn’t just entering the next phase—it’s maturing. And the GENIUS Act might be the catalyst. 🔗 Explore More: Bitget Stablecoin Markets Learn About Stablecoins Track Token Prices $USDT, $USDC, $BTC, $ETH, $PYUSD, $FDUSD, $DAI, $TUSD, $FRAX, $LUSD After months of political back-and-forth, the U.S. Senate has invoked cloture and is moving forward with the GENIUS Act , officially titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025. This marks one of the pivotal moments for crypto regulation in U.S. history . But what exactly is the GENIUS Act, and why is it sending ripples through the digital asset ecosystem? The GENIUS Act aims to establish a federal framework for stablecoins, crypto tokens pegged to fiat currencies like the U.S. dollar. It outlines who can issue stablecoins, how they must be backed, and what protections must be in place for consumers and the financial system. With a clear regulatory path, big financial players like JPMorgan, PayPal, or even tech firms like Stripe and Square could finally go all-in on U.S. dollar–backed stablecoins. This legitimizes stablecoins as reliable tools for payments, remittances, and on-chain finance. The GENIUS Act emphasizes transparency and reserves. That could drastically reduce the risk of collapses like Terra’s UST or fears around Tether’s reserves . With federal clarity, stablecoins could become embedded in everything from retail payments to international trade and DeFi protocols. It may also unlock trillions in sidelined institutional capital. While the GENIUS Act focuses on stablecoins, its implications go far beyond: Altcoins and utility tokens may benefit from the increased trust and regulatory clarity that spills into the broader market. Global regulators could follow suit, adopting their own versions of the Act—creating a harmonized global framework for digital assets. Tokenized assets (RWA) like real estate, commodities, and equities will gain a regulatory model for interacting with stablecoins as their settlement layer. DeFi and Web3 apps can start integrating stablecoins in compliance with a known standard—removing uncertainty for developers, users, and regulators. The Senate has set the stage, with the final vote likely taking place by June 13. After that: In a space long haunted by regulatory ambiguity, the GENIUS Act feels like a breath of fresh air. Whether you’re a trader, a protocol builder, a fintech innovator, or a stablecoin issuer, this bill—if signed into law—will finally provide the playbook. Crypto isn’t just entering the next phase—it’s maturing. And the GENIUS Act might be the catalyst. 🔗 Explore More: Bitget Stablecoin Markets Learn About Stablecoins Track Token Prices $USDT, $USDC, $BTC, $ETH, $PYUSD, $FDUSD, $DAI, $TUSD, $FRAX, $LUSD
    BTC-0.55%
    ETH-4.34%
    Coinedition
    Coinedition
    19h
    Wallet from 2023’s $23 Million Bitrue Hack Becomes Active, Launders Funds via Tornado Cash
    A crypto wallet linked to the $23 million Bitrue exchange hack of April 2023 has resurfaced after months of dormancy, with new on-chain movements showing a calculated effort to launder the stolen funds. According to data shared by blockchain analyst @EmberCN, the attacker is actively converting assets into Ethereum (ETH) and funneling them through Tornado Cash, a well-known crypto mixer. The laundering activity marks the latest chapter in a long-running saga that began when various assets, including ETH, QNT, GALA, and SHIB, were stolen from the exchange. Related: From SHIB to ETH to Tornado: How Bitrue’s stolen crypto is finally on the move The breach in April 2023 led to the theft of various assets, including ETH, QNT, GALA, SHIB, HOT, and MATIC. At the time, the total value of the stolen tokens was estimated at $23 million. Shortly after the incident, the attacker converted most of the compromised assets into ETH directly on-chain. The address remained largely dormant until March 2024, when it sold 4,207 ETH at a market price of $3,885 per coin. That transaction yielded 16.345 million DAI. However, the assets remained untouched until June 2025, when renewed on-chain activity confirmed movement of both ETH and DAI to a new wallet. Recent activity shows that the hacker has spent 8.304 million DAI to purchase 3,000 ETH. Shortly after, 4,600 ETH, equivalent to $12.65 million at the time of the transaction, was sent through Tornado Cash. The laundering process is still ongoing, with the wallet holding an additional 8.04 million DAI and 3,510 ETH as of the latest update. Related: Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH These operations are part of a structured effort to cover up the origins of the funds through Tornado Cash. On-chain records show that before initiating these latest transactions, the hacker also sold off remaining SHIB and HOT tokens. The SHIB liquidation involved 150 billion tokens, generating 1,090.4 ETH valued at $1.97 million. Meanwhile, the sale of 1.35 billion HOT tokens netted 76.5 ETH, or roughly $140,000. The coordinated sale, exchange, and laundering of stolen assets over multiple stages shows a calculated strategy to exit holdings with minimal traceability. Analysts continue to track the wallet, which remains active. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
    ETH-4.34%
    MOVE+2.84%
    lior.eth (Lior Messika)
    lior.eth (Lior Messika)
    19h
    If you ever needed proof that distribution and decentralization is the undeniable end-game of AI, look at the most downloaded models in the world. 2 out of the top 6 are tied to decentralized networks. It’s only a matter of time before dAI takes over this list entirely.
    DAI-0.04%
    Bpay-News
    Bpay-News
    1d
    Hackers have converted all $23 million stolen from Bitrue into ETH According to on-chain analyst Ember, over a period of two years, the hacker exchanged all the $23 million stolen from Bitrue into ETH and laundered it through Tornado. Not only is the value $9.36 million higher than when it was first stolen, but the hacker also made a profit of $4.72 million by selling high and buying low on ETH. In April 2023, the hacker stole various tokens worth $23 million from the Bitrue exchange, and then exchanged these assets for ETH; in March 2024, he sold 4,207 ETH at $3,885 for 16.345 million DAI; in April 2025, he washed 1,050 ETH through Tornado; today (2025/6/12), he transferred 5,111.5 ETH and 16.345 million DAI to a new address, and then bought 16.345 million DAI for 5,917.8 ETH at a price of $2,762. Then he washed all 11,029.3 ETH ($30.46M) through Tornado. In other words, the $23 million in assets stolen from Bitrue by hackers were eventually exchanged for 12,079 ETH and transferred through Tornado. At this time, the value became $32.36 million, an increase of $9.36 million from the initial value.
    ETH-4.34%
    DAI-0.04%
    Bpay-News
    Bpay-News
    1d
    The Bitrue hacker exchanged 16.345 million DAI into ETH and then transferred it to Tornado Cash.
    ETH-4.34%
    DAI-0.04%

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