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” Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR “ The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers reduce the possibility that the U.S. Federal Reserve will slow down its aggressive pace of rate hikes. After the…
” Celsius pays down 143M in DAI loans since July 1 “ Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform was trying to stave off a complete collapse amid credible rumors of insolvency. Since July…
” Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’ “ The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000 words including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a…
” MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security “ Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins lost their peg and the demise of one of the top decentralized finance (DeFi) platforms…
” Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS “ Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With macro factors not supportive, several analysts expect the recovery to be a slow grind. Crypto research firm Delphi…
” Here are 3 ways hodlers can profit during bull and bear markets “ For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy….
” MakerDAO community proposal to replace MKR governance token “ The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by community leader “monet-supply” on March 14, outlining an alternative token economic mechanism. If the proposal…
“# MakerDAO launches biggest ever bug bounty with $10M reward ” MakerDAO has announced that it will begin offering a maximum of $10 million bounty to white hat hackers and cybersecurity specialists who point out legitimate security threats in its smart contracts. Maker’s (MAKER) plan to front-run attacks on its smart contracts is the largest…
“# Parabolic gains for OriginTrail, Maker and XYO Network rouse ‘altseason’ hopes ” Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and…
“# MakerDAO founder’s plans to address climate change and pivot back to ETH ” MakerDAO founder Rune Christensen has published an essay outlining measures that could be taken to make the protocol a vehicle for addressing climate change. In a lengthy Oct. 5 post published to the MakerDAO governance forum, Christensen asserts that MakerDAO should strive…