Nikolai Mushegian, a former technical partner for the MakerDAO project, has donated 3,200 MKR tokens (currently worth about $1.38 million) to his alma mater – Carnegie Mellon University (CMU). Mushegian said the purpose of his donation is to set up a research program for decentralized finance (DeFi) protocols and decentralized applications (dapps). The funds will […] The post Former MakerDAO contributor Nikolai Mushegian donates $1.3M to Carnegie Mellon University for DeFi research appeared first on The Block.

The Maker Foundation, the non-profit organization behind the MakerDAO project, announced that it is transferring the Maker and Dai trademarks to an independent Denmark-based foundation called the Dai Foundation. Additionally, the Maker Foundation will also be transferring over its software IP.  According to the Dai Foundation, its purpose is to “safeguard what cannot be technologically […] The post Maker Foundation transfers trademarks and IP to independent foundation appeared first on The Block.

Maker Foundation transfers control of MKR to Maker Governance. The move furthers Maker’s push towards decentralization.