Search
John McAfee
20.5.2020
John McAfee is a computer programmer, cryptocurrency enthusiast, sometime U.S. presidential candidate and the founder of McAfee Associates, which developed McAfee, the first commercial antivirus software. In May 2016, McAfee joined MGT Capital Investments as the company’s chief executive chairman...
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...
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
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
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...
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...
$2 Million of MakerDAO Debt to Be Wiped as Auction Reaches Final Stages
20.3.2020
$2 million of debt is due to be wiped, as the first MakerDAO debt auction reaches its final stages
Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues
18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...
MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
17.3.2020
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral...
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...