{"version":"1.0","provider_name":"Coin Engineer","provider_url":"https:\/\/coinengineer.net\/blog","author_name":"Tanju Akb\u0131y\u0131k","author_url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/","title":"MakerDAO Stops New Loans Against Wrapped Bitcoin - Coin Engineer","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"U3FhbiqTco\"><a href=\"https:\/\/coinengineer.net\/blog\/makerdao-stops-new-loans-against-wrapped-bitcoin\/\">MakerDAO Stops New Loans Against Wrapped Bitcoin<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/coinengineer.net\/blog\/makerdao-stops-new-loans-against-wrapped-bitcoin\/embed\/#?secret=U3FhbiqTco\" width=\"600\" height=\"338\" title=\"&#8220;MakerDAO Stops New Loans Against Wrapped Bitcoin&#8221; &#8212; Coin Engineer\" data-secret=\"U3FhbiqTco\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/coinengineer.net\/blog\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/makerdao.jpg","thumbnail_width":1200,"thumbnail_height":630,"description":"Approved was the proposal from MakerDAO contributors to stop new borrowing against BitGo&#8217;s tokenized bitcoin, sometimes referred to as wrapped bitcoin as collateral. MakerDAO authorized an executive vote lowering the WBTC debt limit to zero and forbiting any new loans guaranteed by WBTC collateral. Furthermore, set to 0% was WBTC&#8217;s loan-to-value (LTV) ratio. MakerDAO notably"}