Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System

Forthcoming Ethereum hardware hackathon ETHDenver is partnering with UNICEF on a bounty token to incentivize developers to create projects which promote social good. Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers […]

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Confirmed: Basis CEO Says Project Will Shut Down due to Regulatory Concerns

Basis’ CEO has confirmed the stablecoin is shutting down due to regulatory concerns over its “secondary token” implementation. The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg today, Dec. 13. According to Basis’ CEO Nader Al-Naji, the decision to close the project was […]

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PwC Partners with Decentralized Lending Platform to Provide Expertise in Stablecoin Launch

PwC will provide tech expertise to decentralized lending platform Cred in the launch of their USD-backed stablecoin. “Big four” audit giant PricewaterhouseCoopers (PwC) has partnered with decentralized lending platform Cred to provide tech expertise in the launch of their USD-backed stablecoin, the company announced on Monday, October 8. In the announcement, the professional services firm […]

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Andreessen Horowitz Invests $15 Million in Stablecoin Firm MakerDAO

Andreessen Horowitz via its investment fund a16z has acquired 6 percent of the total MakerDAO token supply. American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24. MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit […]

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