The PoolTogether platform and its “no-loss lottery” concept have thus far gained an impressive amount of traction throughout the recent months. Recently, PoolToether...
Reading Time: 13minutes Software and the internet have had a relatively low disruptive impact on the financial services industry. Sure — consumer expectations have changed, and banks are doing what they can to match the online experience of the highly customizable, on-demand internet services people have grown accustomed to — but businesses models have persisted. This is in […]
Microsoft and a few other companies are sponsoring a contest aimed at bringing new projects to the Ethereum ecosystem. The software giant seeks to accomplish this via contests run on decentralized platform Gitcoin, paying thousands of dollars to the top talent. The project brings together well over a dozen firms that have joined Microsoft to […]
A weekly developer call of the MakerDAO, the open-source developer group of decentralized, ETH-backed stablecoin DAI, came to the understanding that the coin’s dollar peg was reaching its “breaking point” due to a lack of organic demand. Concerns at the meeting mostly revolved around the DAI’s ability to hold its peg at a time when […]
MassTLC member IBM recently hosted a Lunchspotting meet up in its Littleton, MA, facility. Lunchspotting is a series of lunchtime networking events from Matter Communications and MassTLC that is intended to bring the community into the many fascinating companies in the area. Attendees have the opportunity to meet executives and founders of these organizations, learn […]
Mike McDonald, the creator of MKR.tools, took to Twitter to point out to the fact that nearly 1% of the total circulating supply of Ether (ETH) is now locked up in MakerDAO smart contracts. Since the circulating supply of ETH is currently 103,219,284 ETH, we come to a stunning number of a million Ether being […]