This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto with a Visa debit card because Monolith liquidates designated funds on the back-end, providing the merchant with fiat.
$1 Million Loans Are Being Minted on MakerDAO – More May Be on the Way

$1 Million Loans Are Being Minted on MakerDAO – More May Be on the Way

Huge loans are being originated on the ethereum blockchain as we speak. Today, the fifth-largest loan position in the MakerDAO system minted 1 million new DAI tokens. The transaction fee on the $996,216 loan was a mere 73 cents. And it’s not the first. The first loan issuing 1 million new DAI stablecoins was made in late June by the seventh-largest collateralized debt position (CDP) in the MakerDAO system.
Пользователи социальной сети Taringa! смогут зарабатывать токены DAI

Пользователи социальной сети Taringa! смогут зарабатывать токены DAI

Благодаря партнерству с MakerDAO и кошельком Artm 27 миллионов пользователей Taringa! смогут зарабатывать на создании качественного контента. Авторов популярных видео и текстов будут поощрять специальными баллами, которые можно будет конвертировать в токены DAI. Социальной сетью Taringa! пользуется множество пользователей из стран, страдающих от финансового кризиса и гиперинфляции, например, Аргентины и Венесуэлы. Криптовалютный кошелек Airtm позволяет конвертировать криптовалюты в фиатные, что облегчает конвертацию токенов и использование полученного заработка в реальной жизни.
Проект Liquality запустил атомарные свопы для BTC, ETH и DAI

Проект Liquality запустил атомарные свопы для BTC, ETH и DAI

Liquality - проект с открытым исходным кодом, который фокусируется на разработке решений для минимизации необходимости доверия и P2P-обмена криптовалют. Запуск альфа-версии Liquality Atomic Swap Interface позволяет пользователям обменивать BTC, ETH и DAI непосредственно между своими криптовалютными кошельками Ledger или Metamask. Liquality отмечает, что пользователи сами хранят свои ключи, тем самымустраняя кастодиальные риски и максимизируя свою конфиденциальность и финансовый суверенитет.
Oxfam Trials Delivery of Disaster Relief Using Ethereum Stablecoin DAI

Oxfam Trials Delivery of Disaster Relief Using Ethereum Stablecoin DAI

Oxfam International, a U.K.-based non-profit with a global reach, just spent a month testing MakerDAO’s stablecoin DAI as a vehicle for helping disaster victims. The pilot project in the South Pacific Ocean nation of Vanuatu was conducted in partnership with Australian tech firm Sempo and ethereum startup ConsenSys, Australian news outlet Micky reports.
Пользователям Coinbase открылась возможность зарабатывать стейблкоины DAI через программу Earn

Пользователям Coinbase открылась возможность зарабатывать стейблкоины DAI через программу Earn

Крупнейшая американская криптовалютная компания Coinbase включила монету DAI в образовательную программу Earn. Learn DAI, earn DAI. Starting today, Coinbase customers around the world can earn DAI by learning about DAI. https://t.co/Gq73Y6msgC pic.
Coinbase Adds DAI as First Stablecoin in Crypto Exchange’s Earn Program

Coinbase Adds DAI as First Stablecoin in Crypto Exchange’s Earn Program

Coinbase is adding the ethereum stablecoin DAI to its Earn program. It’s the second addition to the crypto unicorn’s education initiative this month, following the announcement of EOS support on June 1. Earn allows Coinbase users to receive crypto in exchange for watching videos and completing quizzes about various protocols. DAI becomes the first stablecoin to be added to Coinbase Earn, which already boasts EOS, XLM, ZEC, BAT and ZRX.
MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation

MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation

After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees. DAI is an ethereum-based token which presently maintains a soft peg to the U.S. dollar. In recent months, fees have increased dramatically for users to loan out DAI from the MakerDAO system. This was because since as early as February DAI dollar valuation had consistently fluctuated below the targeted $1.
Coinbase добавила поддержку стейблкоина DAI

Coinbase добавила поддержку стейблкоина DAI

Крупнейшая американская криптовалютная компания Coinbase сообщила о добавлении стабильной монеты DAI на свою платформу, а также в мобильные приложения на iOS и Android. DAI is now live at https://t.co/wHvnDs40HG and in the Coinbase iOS and Android apps.
Coinbase Opens DAI Stablecoin Trading to Retail Customers

Coinbase Opens DAI Stablecoin Trading to Retail Customers

Crypto exchange Coinbase will now let its retail customers buy or trade the DAI stablecoin, so long as they don’t live in New York. The exchange announced Thursday that it was adding DAI on its website, as well as its Android and iOS apps, letting customers buy, sell, convert, trade or store the stablecoin. Customers in every jurisdiction – except New York initially – can now access the cryptocurrency, which runs on top of the ethereum blockchain.
MakerDAO Fee Decrease Stalls Amid Decline in Token Holder Voting Turnout

MakerDAO Fee Decrease Stalls Amid Decline in Token Holder Voting Turnout

After an initial round of polling last Thursday, MakerDAO token holders have failed to finalize a decision to decrease fees for users on DAI stablecoin loans taken out through MakerDAO’s programmatic lending protocol. On Friday, a secondary round of polling was launched in order to execute a 2 percent decrease to MakerDAO fees in the system. However, for the first time, the minimum threshold of 117,631.90 MKR tokens was not reached over the weekend and the executive vote remains unfulfilled with a total of 46,546.
MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months

MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months

For the first time in five months, token holders behind the programmatic loan system MakerDAO have voted to decrease fees on all DAI loans. DAI is a dollar-pegged stablecoin operating on the ethereum blockchain that is currently backed in value by nearly 2 million ether tokens. Since the beginning of this year, the value of DAI has fallen below $1 as a result of market supply and demand imbalances.
MakerDAO Addresses Stability Fees, Demos State Channel DAI Payments

MakerDAO Addresses Stability Fees, Demos State Channel DAI Payments

Decentralized Finance, or DeFi, has been the topic of conversation across the space lately. In New York Blockchain Week, DeFi has been a main focus of Consensus 2019, and has similarly been the focus of many of the other events and meetups that are taking place elsewhere in the city. At the epicenter of DeFi is MakerDAO, the peer-to-peer lending platform and autonomous financial ecosystem. For many attending Blockchain Week, their week began on Sunday night with the “DAI Hard Drinks” event by Maker and Monsendo.
Ethereum Stablecoin DAI Has Returned to Its Highly Sought Dollar Value

Ethereum Stablecoin DAI Has Returned to Its Highly Sought Dollar Value

After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation. Since January, the theoretically USD-pegged token has fallen below dollar valuation, trading hands at or above $1 only sporadically. However, for the past few days, DAI across four different cryptocurrency exchanges has been exchanging above the dollar level and is worth exactly $1 at press time.
‘Critical’ MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say

‘Critical’ MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say

A critical vulnerability on the programmatic lending platform MakerDAO could have made user funds irretrievable, according to security audit firm Zeppelin. Discovered in the last few weeks, MakerDAO issued Monday an urgent plea to token holders of the MakerDAO platform, writing on Reddit: “In partnership with Coinbase and Zeppelin, the Maker Foundation has been participating in a second round of audits of the Maker Voting Contract.
DAI Stablecoin’s Stability Fee Nears 20% After Latest MakerDAO Vote

DAI Stablecoin’s Stability Fee Nears 20% After Latest MakerDAO Vote

The dollar-pegged stablecoin DAI is still trading below one dollar but is now considered to be in a “stable” position. From 0.5 percent to now 16.5 percent, the Stability Fee has been increased 33 fold over the past three months. Now, MakerDAO token holders have again voted to increase fees by another 3 percent to sit at 19.5 percent. According to meeting minutes published on Reddit, COO of the MakerDAO Foundation Steven Becker highlighted during today’s governance and risk call: “In using the Stability Fee, progress has been made.
MakerDAO Demos Tech to Back Stablecoin DAI With Any Crypto Asset

MakerDAO Demos Tech to Back Stablecoin DAI With Any Crypto Asset

Borrowers of U.S. dollar-pegged stablecoin DAI will soon be able to be back their loans in any number of cryptocurrencies, at least if a new web portal is ultimately implemented. On a weekly community call organized by the MakerDAO Foundation – the non-profit entity that funds the development of the programmatic lending software that issues DAI tokens – product coordinator Chris Bradbury walked users through what the new web page will look like and how the tool will function for users. At present, over $300 million worth of the cryptocurrency ether (ETH) is locked in smart contracts on ethereum to back DAI dollar valuation.
Coinbase Ventures инвестировала в Ethereum-проект Matic Network. Монета выросла на 22%

Coinbase Ventures инвестировала в Ethereum-проект Matic Network. Монета выросла на 22%

Венчурное подразделение криптовалютной компании Coinbase поучаствовало в посевном раунде финансирования проекта Matic Network. Matic is proud to announce @coinbase ventures as our seed investor. We are ecstatic to have the Coinbase team supporting us and aim to work towards realising mutual network effects.
DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks

DeFi Upstart Dharma Brokers $6.4 Million in Crypto Loans in First 3 Weeks

Crypto loan platforms are booming as ether holders look to mitigate portfolio losses endured during 2018’s bear market. Among these decentralized finance (DeFi) applications, San Francisco-based startup Dharma Labs is emerging as one of the industry leaders by facilitating more than $6.4 million worth for crypto loans since its peer-to-peer lending platform launched on April 8.
MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin

MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin

A majority vote to increase fees on programmatic lending platform MakerDAO has passed an initial round of polling today. This time, the winning vote is to increase fees by 2 percent, which, in comparison to past weeks, is a comparatively small increase to the usual 3 or 4 percent. As is custom, the 2 percent increase will undergo a secondary round of polling starting tomorrow and be executed once a certain threshold of voter participation is met. These fees – also called the “Stability Fee” – are applied to all loans taken out through the MakerDAO system for dollar-pegged stablecoin DAI.
Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. The MakerDAO Foundation controls roughly 30 percent of all the MKR tokens in existence and its nine-person board is tasked with overseeing funds related to the development of the network.
MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin

MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin

Token holders for the programmatic loan system MakerDAO have once again signaled support for raising fees through a now-weekly online poll. Starting tomorrow, the winning proposal from this poll will enter into a secondary round of voting call the “executive vote” whereby MKR token holders ratify the fee increase and formally activate it within the system. These fees make it essentially more expensive for users of the MakerDAO system to take out loans and mint new dollar-pegged stablecoins, dubbed DAI, into circulation.
Why Coinbase’s Move Into Proof-of-Stake Matters

Why Coinbase’s Move Into Proof-of-Stake Matters

Is Coinbase going to solve the thorny challenges of proof-of-stake (PoS) blockchain governance or centralize those systems even further? That’s the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos. The move means institutional investors will be able to vote on blockchain governance matters directly through their Coinbase accounts.
MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most extreme being a 4 percent increase.
Tensions Flare on MakerDAO Community Call Over Transparency Issues

Tensions Flare on MakerDAO Community Call Over Transparency Issues

Who runs the MakerDAO Foundation? Questions over an ongoing board shakeup flamed tensions Tuesday during a weekly community call, with participants asking pointed questions about who controls a $190 million pot of MakerDAO governance tokens. Stepping back, the MakerDAO Ecosystem Growth Foundation, or MakerDAO Foundation for short, is a non-profit entity that launched the dollar-pegged stablecoin DAI back in December 2017 along with a programmatic loan system to keep the value of DAI stable.