Decrypt Media: What is MakerDAO?

Thursday, 02 April 2020 07:58
MakerDAO is an organization developing technology for borrowing, savings, and a stable cryptocurrency on the Ethereum blockchain.
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TL;DR: Recently, Changpeng Zhao (CZ), CEO of Binance, explained the cryptocurrency exchange’s decision to delist popular leveraged tokens (LT) is due to finding “many users don’t understand them. Even with pop-ups warning users each time, people still don’t read it.”   Binance Delists Leveraged Tokens As crypto finance…
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According to the tech giant’s latest patent application, the company is exploring ways to use brain waves in Proof of Work algorithms.
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Yet another Ethereum killer, will Huobi's upcoming blockchain be a game changer—or a disappointment? And more, in this week’s da bing.
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Opera Browser now supports the InterPlanetary File System—the cornerstone of a new, decentralized internet that can’t be shut down by centralized organizations.
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Ripple price weekend losses take a breather at $0.1625 as a bullish reversal aims for levels above $0.1700. XRP/USD is technically and fundamentally ready to
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Virus or not, people are still paying for goods in Bitcoin. That’s the verdict from new numbers out of Coinbase’s retailer payment portal Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $ 200 million in total transactions processed over its two-year history.…
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Quick Take Since peaking on February 20, the S&P 500 index has dropped by as much as 35.8% in 22 trading days Biotechnology was the best-performing equity sector, followed by consumer staple firms, gold-mining firms and health-care providers, food and beverage companies, and medical device manufacturers The…
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Opera’s Andriod browser has expanded its crypto buying feature for all 27 EU countries, as well as four more nations - Australia, New Zealand, Mexico, and Switzerland. The post Opera expands its crypto buying feature for the entire EU and four more countries appeared first on The…
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Prominent South Korean bank KB Kookmin has set its sights on becoming a crypto custody provider joining the growing trend of financial institutions moving into the cryptocurrency custodial arena. The news comes at a time when the country’s government has issued new laws concerning virtual currencies with…
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