An auction of MKR tokens intended to cover roughly $4.5 million in undercollateralized debt in the MakerDAO system began yesterday, and the Maker Foundation appears to be taking part. The post The Maker Foundation appears to be winning MKR auctions meant to cover a debt shortfall. The…
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Market Cap: : $175,674,012,793 •  24h Vol:  $97,298,597,068 • BTC Dominance: 64.9% Dear Reader, We are living in truly unprecedented times. The Coronavirus has continued on its exponentially destructive path. The...The post Crypto Market Roundup: Why the Market Collapsed and How to Reposition Yourself for Crypto Success Today…
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bZx is a lending and margin trading protocol built on Ethereum. Now the 12th largest project in the decentralized finance sector, the protocol’s smart contracts currently account for more than $4 million in total value locked (TVL) according to tracker site DeFi Pulse. bZx notably rose into…
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The world of crypto trading has come a long way over the last few years. FT Exchange is one of the latest exchanges to enter the crypto trading space and they are bringing badly needed trading tools to a young market. Crypto to crypto trading is the…
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Current national governments may have felt the danger of Coronavirus. And after a peaceful period of fewer than 30 people positive for the virus, Venezuela decided to quarantine the entire country to prevent the spread of this deadly virus. Along with this decision is the increasing volume…
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Last week’s crypto crash threatened MakerDAO's DAI stablecoin, whose peg to the US dollar is maintained by crypto. To fix this, its peg can now be maintained by USDC, Circle's US dollar-pegged stablecoin.
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The MakerDAO lending project has been Ethereum’s most successful decentralized finance app to date. But the project is embattled on the heels of its toughest week yet, and stakeholders are now scrambling for effective responses to right the ship. The stage for the Maker community’s latest maneuverings…
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MakerDAO, the leading company in the decentralized financial sector Defi, is facing liquidity risks in an uncertain market. The MakerDAO community is considering adding support for USDC – the stablecoin is linked to Circle, as alternative collateral to help with this risk. The Maker Foundation Interim Governance…
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A strategic move that will increase DAI's liquidity by facilitating its return to the stability of one dollar The post Liquidity needed: Covid19 brings USDC to MakerDAO protocol appeared first on The Cryptonomist.
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The graphics cards maker has called on crypto miners to share their mining power to fight the epidemic.
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