Maker Foundation announced a series of governance polls since a software developer divulged how hackers could attack the MakerDAO network and steal close to $340 million. The Maker Foundation has announced a series of governance polls aimed at security after software developer Micah Zoltu explained how any hacker with $20 million at their disposal could […]
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The secret to building a successful decentralized autonomous organization: Decred project lead shares four lessons in de-leadership. The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, […]
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Within the decentralized nature of blockchain technology lies a chance to avoid the financial collapse rooted in the concepts of center and power. A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal […]
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The Dai stablecoin has hit its 100 million token debt ceiling ahead of an upgrade to its collateral protocol. The Dai (DAI) stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted. Data from Etherescan shows there are the top 100 holders of the Ethereum-based stablecoin […]
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Non-custodial decentralized exchange Dolomite announced that it will add margin trading with stop-loss orders. Non-custodial decentralized exchange (DEX) Dolomite announced that on Nov. 4 it will add a margin trading with stop-loss orders. The company explained in a press release shared with Cointelegraph that — while its current exchange is based on the Loopring protocol […]
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Joseph Lubin said that BTC and ETH are the only two successful coins in Cointelegraph’s weekly digest of news from Japan. Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to […]
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Ethereum-based stablecoins are declining as teams increasingly use other blockchains to facilitate price-stable currencies. Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There […]
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Coinbase Custody now allows Maker holders to participate in the project’s governance. Coinbase Custody now allows Maker (MKR) holders to participate in the project’s governance without withdrawing their funds. The announcement comes from a Coinbase blog post published on Oct. 11. By implementing the governance feature, Coinbase Custody enables MKR holders to participate in on-chain […]
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The Maker Foundation’s CEO reveals that its Multi-Collateral Dai system will be ready to launch on November 18. Rune Christensen, the CEO of the Maker Foundation, has revealed that the Multi-Collateral Dai (MCD) system will be ready to launch on Nov. 18. Speaking at DevCon 5 in Osaka, Japan, Christensen urged all holders of MakerDAO‘s […]
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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