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Carnegie Mellon Agrees to Using Massive MKR Donation for DApp Research

Advancing development and growth in the blockchain industry is crucial. A recent MKR contribution to Carnegie Mellon will spur further research of dApps and protocols. Further growth of blockchain technology requires attracting more developers and coders. Massive MKR Donation to Carnegie Mellon One way of doing so is by offering a “grant” of sorts. Carnegie...
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Risk of Centralized Voting for MakerDAO, Tezos, and Decred Abounds

Tezos, MakerDAO, and Decred show signs of plutocracy, thanks to concentrated token supplies and on-chain governance. CoinMetrics surveyed three blockchains with on-chain governance and discovered that their coin supplies are highly centralized among a small number of coinholders. The survey, published on Dec. 10, examines Tezos, Maker, and Decred — three blockchains that make development decisions...
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As Token Migration Continues: Dai Stablecoin Supply Overtakes Sai Predecessor

One of the biggest cryptocurrency stories in the second half of 2019 was the MakerDAO project’s high-profile upgrade of the Dai stablecoin in November. That upgrade saw the stablecoin evolve in numerous ways, namely through a rebrand and with the introduction of new smart contracts that enabled a Dai Savings Rate (DSR) and the Multi-Collateral...
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Bitcoin vs DeFi: Which Was Most Profitable This Year?

Decentralized finance, or DeFi, has come a long way this year. Bitcoin has also made a remarkable recovery from the depths of crypto winter this time a year ago. But which one would be better for long term gains? BITCOIN vs DEFI For the uninitiated DeFi is the system of staking crypto collateral in a...
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MakerDAO Upgrade Will Introduce Interest On Locked-Up Stablecoins

The Silvergate crypto bank has launched its shares for trading on the New York Stock Exchange (NYSE) platform on November 7. The bank’s official name is Silvergate Capital (NYSE:SI) is a California based commercial bank focused on digital currency businesses – now officially listed on the NYSE stock and opening at $12.75, according to NYSE...
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Why Dai Growing to Record High Indicates Positive Ethereum Growth

In a world plagued by banking bailouts, galloping debt and currency devaluations, a solution is needed. Enter decentralized finance, or DeFi, the future of banking where you are the bank. Ethereum is the platform of choice for DeFi, the Dai stablecoin is hitting new highs, and Maker is moving.Future Finance Based on EthereumDai is a...
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Dai Stablecoin Debt Ceiling Reached: What It Means and What Comes Next

MakerDAO’s Dai stablecoin has become a darling in the Ethereum decentralized finance ecosystem. And in short order, demand for the dollar-pegged cryptocurrency is growing. That’s because the Dai stablecoin’s artificial debt ceiling of $100 million USD was reached for the first time this week, a DeFi milestone indicating demand for automated Dai loans made via...
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Maker (MKR) Moving on Multi-Collateral Dai Launch, Will Ethereum Follow?

Decentralized finance is making the media more often as concern grows over another global banking crisis. Ethereum is at the forefront of DeFi platforms at the moment and Maker is the market leader with over 50% share. The launch of a new multi-collateral Dai could send both higher.Ethereum Based DeFi EvolvesMaker has a fair few...
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Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18...
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Ethereum, DAI reach ATH in terms of total locked value [TVL] in DeFi

The sub-industry of Decentralized Finance or DeFi is showing no signs of stopping at the moment. Over the past few months, DeFi’s stock has risen leaps and bounds and has managed to grow into a $600 million ecosystem. Now, according to recent statistics, the total number of DAI and ETH locked in DeFi has reached...
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Maker (MKR) Token First Up on Anchorage’s Governance Voting Platform

As the MakerDAO project continues to advance and its flagship tokens, Dai and MKR, grow in popularity, the specter of Maker governance votes is rising too. Accordingly, cryptocurrency custodian firm Anchorage has launched a new voting portal for its institutional MKR holders to readily have their say in the major DeFi project’s future. Announced by...
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Anchorage’s Maker Voting System To Give Institutions Say On Stability Fees

Decentralized governance has faced a series of teething problems: hackers can exploit loopholes in the codebase; community agendas can be hijacked by a vocal minority of trolls and spammers; many on-chain initiatives suffer from rock bottom voter turnouts. But with the news institutional custodial provider Anchorage is launching its own on-chain voting solution for Maker...
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Earn Coin for Holding Coin: Dai Savings Rate Coming Next Month

Hodl to steadily and stably earn, not hodl to hope: that’s the dynamic the Dai stablecoin is set to embrace next month. That’s according to Maker chief executive officer Rune Christensen, who announced at the Osaka-based Devcon 5 on October 9th that the Dai Savings Rate (DSR) — which will allow Dai holders to earn...
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Bitcoin Outperformed: Altober Continues as Altcoins Show Upsurge

Bitcoin has started once again trading sideways after a breakdown from its previous trading range, and when Bitcoin trades sideways, altcoins often get their time to shine.The post appeared first on NewsBTC
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What to Dai? Ethereum Backers Grapple With Popular Stablecoin’s Future

As new technical possibilities are arising, discussions have picked up this week in the Ethereum community around what the MakerDAO project’s Dai stablecoin should be and become — and the possibilities are wide open in the open-source DeFi community. For context, there are two notable developments that have played into the growing dialogue. The first...
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Maker (MKR) Angers Supporters With New KYC Future

The Maker DAO (MKR) is headed for a future that will mix crypto-based finance with traditional trustless assets. A recent Reddit discussion underlined the disagreement of the Maker DAO supporters with this path. Maker Plans Traditional Assets as Collateral Maker will also possibly add KYC to its onboarding process, once again defeating the purpose of...
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DEFX: Nasdaq Adds New Index That Tracks DeFi Crypto Projects

The operators of the Nasdaq, the second-largest stock exchange in the world, have added a new index to their bustling platform that notably tracks cryptoeconomy and decentralized finance (DeFi) natives like Augur and MakerDAO. That index, dubbed DeFiX, is backed by the international brokerage brand Exante and now available on the NASDAQ through the ticker...
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Winklevoss’ Gemini Launches Custody Product Supporting 18 Cryptos

Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit. Gemini, the New York-based crypto exchange has launched an institutional-grade crypto custody solution as reported on September 10. The exchange was founded by twin brothers Cameron and...
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Is DeFi The Future of Crypto Finance? Some Big Industry Names Think So

The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of crypto and finance are finally...
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Next Gen: Reigning DeFi Champs Maker Unveil New “V2” Blockchain Oracles

This week Maker, the team behind the popular Dai stablecoin, announced its next generation “V2” Oracles. It’s a big development for the Ethereum DeFi ecosystem, as Maker’s first wave of Oracles — initially launched in the summer of 2017 — have come to be relied upon by an array of popular Ethereum dApps. That means...
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Coinbase’s WalletLink Allows You to Access dApps on Desktop Browser

Coinbase adds WalletLink functionality enabling its users to use dApps within the company’s wallet app. One of the most interesting dApps is IDEX – currently the world’s largest decentralized exchange (DEX). San Francisco-based cryptocurrency exchange Coinbase added WalletLink functionality to enable its users to use dApps within the company’s wallet app. One of the most...
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MakerDao’s ‘DeFi’ trademark incites mixed reactions in the crypto-community

While the road to replace traditional financial models with a decentralized counterpart may seem far fetched for many, the crypto-community has done a great job of initiating the crypto-adoption drive. Numerous projects towards this effort have been launched, but DeFi’s (Decentralized Finance) presence stands as the biggest disruptor, with Huobi the latest catalyst for the...
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Dai News: OpenLaw Integrates, rDAI Arrives, & First MCD Vote Starts

There’s plenty of bustle happening around MakerDAO’s dollar-pegged Dai stablecoin right now. For one, on August 14th the team behind the blockchain-based legal agreement protocol OpenLaw announced they’d be integrating the Ethereum ecosystem’s darling stablecoin as the “medium of exchange of choice for on-chain financial transactions on OpenLaw.” As the ConsenSys-backed team explained of the...
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Flood of Maker CDPs Open Upon New Coinbase Earn Dai Lesson

Coinbase Earn, the educational arm of U.S. cryptocurrency exchange Coinbase, launched its first advanced lesson on the Dai stablecoin on June 26th. Since then, newcomers have been opening up MakerDAO Collateralized Debt Positions (CDPs) in droves to try drawing out Dai for themselves. It comes as part of the exchange’s recent maneuverings to demystify DeFi...
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The Week in Dai: a Maker Interest Rate Hike, Fat Loans & a DeFi Bridge

The Maker team’s popular Dai token is facing no shortage of intrigue this week, as activity around the stablecoin is swirling in more ways than one. Fresh up is the implementation of the latest interest rate hike on MakerDAO collateralized debt positions, with the rate, the so-called Dai Stability Fee, now being set at 18.5...
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Maker Foundation: Multi-Collateral Dai Almost Ready for Maker CDPs

The MakerDAO ecosystem is on the verge of making one of its biggest evolutions to date. That ecosystem, driven by the MKR-DAI token tandem, has proven popular in DeFi circles over the last year courtesy of its premier dapp, the Maker CDP Portal for collateralized debt positions. Yet before now, users have only been able...
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Bitcoin ATM Maestros Coinsource Embrace Dai With an Eye to Remittances

Before Facebook unveiled the Libra earlier this month, mainstream reporting suggested the stablecoin would eventually get its own ATMs. However, MakerDAO’s Dai stablecoin just beat Libra to the automated teller machine punch. On June 26th, Bitcoin ATM company Coinsource announced it was partnering with the Maker Foundation, backers of DeFi’s darling dual-token MKR-DAI ecosystem, to...
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Maker Teams Up with Axie Infinity to Integrate Dai in Blockchain Game

Maker, the team behind the Ethereum community’s star Dai stablecoin, announced on Monday a partnership with blockchain gaming company Axie Infinity. The collaboration will see Dai integrated as an in-game currency in the Axie economy. The tokenized game is focused around Axies, digital pets that players can “breed, raise, battle, and collect,” the Maker team...
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After EOS, Coinbase Earn to Allow Users to Earn Ethereum-Based DAI

In the eyes of many commentators, education and a lack of proper consumable information are what is stemming the adoption of Bitcoin and its ilk. Coinbase, the prominent San Francisco startup, is looking to change this, however, with Earn. This venture gives users a chance to earn digital assets in exchange for consuming content about...
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Coinbase Unfurls MakerDAO’s Dai Stablecoin on Coinbase.com, Smartphone Apps

Dai, the banner stablecoin of Ethereum’s growing decentralized finance (DeFi) ecosystem, just hit the big time on Coinbase’s main platforms for retail investors. On May 23rd, the San Francisco-based U.S. cryptocurrency exchange giant announced it was listing Dai on its main website, Coinbase.com, as well as on its Android and iOS mobile apps. The development...
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