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John McAfee: Stablecoins Solve the ‘Fiat Problem’ for Decentralized Crypto Exchanges

John McAfee — cybersecurity expert and crypto bull, says stablecoins could hold the key to solving some of the core issues with decentralized exchanges (DEX). With centralized exchanges still holding sway in the crypto trading markets, some cryptocurrency purists say DEX adoption needs to become the..

Earn Coin for Holding Coin: Dai Savings Rate Coming Next Month

Hodl to steadily and stably earn, not hodl to hope: that’s the dynamic the Dai stablecoin is set to embrace next month. That’s according to Maker chief executive officer Rune Christensen, who announced at the Osaka-based Devcon 5 on October 9th that the Dai Savings Rate (DSR) — which will allow Dai..

What to Dai? Ethereum Backers Grapple With Popular Stablecoin’s Future

As new technical possibilities are arising, discussions have picked up this week in the Ethereum community around what the MakerDAO project’s Dai stablecoin should be and become — and the possibilities are wide open in the open-source DeFi community. For context, there are two notable developments ..

Next Gen: Reigning DeFi Champs Maker Unveil New “V2” Blockchain Oracles

This week Maker, the team behind the popular Dai stablecoin, announced its next generation “V2” Oracles. It’s a big development for the Ethereum DeFi ecosystem, as Maker’s first wave of Oracles — initially launched in the summer of 2017 — have come to be relied upon by an array of popular Ethereum ..

Dai News: OpenLaw Integrates, rDAI Arrives, & First MCD Vote Starts

There’s plenty of bustle happening around MakerDAO’s dollar-pegged Dai stablecoin right now. For one, on August 14th the team behind the blockchain-based legal agreement protocol OpenLaw announced they’d be integrating the Ethereum ecosystem’s darling stablecoin as the “medium of exchange of choice..

P2P Crypto Lending Is on the Rise

As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied to or..

Flood of Maker CDPs Open Upon New Coinbase Earn Dai Lesson

Coinbase Earn, the educational arm of U.S. cryptocurrency exchange Coinbase, launched its first advanced lesson on the Dai stablecoin on June 26th. Since then, newcomers have been opening up MakerDAO Collateralized Debt Positions (CDPs) in droves to try drawing out Dai for themselves. It comes as p..

Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (A..

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

A pilot program saw Oxfam distribute financial aid in the form of tap-and-pay cards developed for Sempo’s payment platform that were loaded with DAI to 200 citizens of Vanuatu to test the efficacy of blockchain-based disaster relief solutions

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