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As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
13.5.2020
With the shutdown of Sai, centralized collateral on Maker is once again being criticized
Trillions of Dai Required in Future to Maintain Maker's Current Value
7.5.2020
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization
MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse
4.5.2020
The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses
Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019
4.5.2020
Ethereum’s transaction counts have surged by 72% since mid-February
Maker Debt Crisis Post-Mortem Recommends New Safeguards
29.4.2020
A new report makes several recommendations to prevent future debt crises for the Maker DeFi protocol
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
Dharma Launches Feature for Sending Dai Payments to Twitter Handles
23.4.2020
Dharma, an Ethereum-based crypto lender, has released a new feature that allows sending stablecoin to Twitter handles.
This peer-to-peer lending platform has announced the launch of Social Payments, which they describe as a Twitter-native financial ecosystem. They go on to say that this new service...
Stablecoin On-Chain Activity Grows 800% in a Year
23.4.2020
The on-chain activity for stablecoins has increased 800% in the last 12 months
Anyone Can Host a Crypto Exchange – Tim Draper Backed Startup Launches New WordPress Plugin
22.4.2020
There’s a new plugin available that gives people the ability to launch a cryptocurrency exchange on any WordPress-based website. The project called Wpcryptoexchange is a product created by the Tim Draper-backed startup Draper Goren Holm. With the plugin, anyone can launch a digital currency...
Dai Lending Rates Rise to One-Month High on DeFi Platform Compound
20.4.2020
Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis
Why MakerDAO Should Consider Negative Interest Rates for Dai
20.4.2020
To keep dai near its $1 peg, the Maker community should consider negative interest rates. The cost to users may be worth it, says columnist J. P. Koning
Crypto Community Is Keeping Itself Entertained While on Coronavirus Lockdown
18.4.2020
How crypto lovers are killing time in lockdown during the ongoing Coronavirus pandemic
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations
14.4.2020
New class action demands $28 million from Maker Foundation for negligence and misrepresentation leading to March 12 catastrophe
Gemini Adds Support for Dai, Chainlink and Orchid Trading This Month
13.4.2020
Gemini is adding support for three new tokens on its platform, bring the total number of tradeable assets up to nine
John McAfee Offers $500 in ETH-based DAI for Corona Apocalypse Pics
3.4.2020
$500 in DAI has been offered by John McAfee for the best photograph showing the effects of the COVID-19 lockdown
Cryptocurrency Now Accepted at Arkansas Jewelry Retailer
2.4.2020
Diamond Gems Jewelry, in Jonesboro, AR has launched a new E-Commerce website accepting multiple forms of Cryptocurrency including Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, USD Coin and you can even pay using your Coinbase account.
The post Cryptocurrency Now Accepted at Arkansas Jewelry...
Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet
2.4.2020
While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users...
The Many Facts Pointing to Wei Dai Being Satoshi
1.4.2020
Satoshi Nakamoto has been an enigma for well over a decade and there’s been a number of suspects and self-styled Bitcoin inventors. One particular suspect is the computer engineer Wei Dai, the creator of the b-money system and the Crypto++ cryptographic library. Since the Bitcoin network...
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...