Ethereum’s price was slashed by almost 22% over the past three days, with its value recorded to be $196.80, at press time. The drastic fall in...
When the concept of a stablecoin was first introduced, it took the cryptocurrency industry by storm. Trading moved faster, liquidity rose, and markets became more efficient....
Despite claims of ‘fractional banking’ and legal issues around its parent company iFinex and the cryptocurrency exchange Bitfinex, Tether gained ground in 2019. USDT not only...
Systems similar to banks have existed since time immemorial: From barter system to lending gold coins. Though banks were in financial fashion, Internet has paved the...
Maker Foundation has evidently established its presence in the DeFi ecosystem after it rolled out the Multi-Collateral DAI [MCD] along with Dai Savings Rate [DSR]. The...
DeFi ecosystem offers users bank like options including lending and borrowing platforms, payment platforms, derivatives platforms among several others. While most of the DeFi applications are...
2019 has proven to be a year for the development of the stablecoin ecosystem. The launch of a China-backed stablecoin CBDC, dubbed DCEP [Digital Currency/Electronic Payments]...
Over the past few months, MakerDAO has received significant attention from much of the crypto-community, both positive and downright critical. After developer Micah Zoltu recently revealed...
For most people, buying cryptocurrencies is just a click away; there are multiple options, credit cards, debit cards, and CashApp. However, even with a number of...
Ethereum’s annual gathering, Devcon, announced the launch of MakerDao‘s MCD back in October. Since its launch on 18 November, the Maker Foundation’s newly collateralized asset has...