A noncustodial smart wallet for both cryptocurrencies and decentralized applications has sealed fresh funding as its attempts to challenge existing offerings in the industry.Speaking...

A non-custodial smart wallet for both cryptocurrencies and decentralized applications (DApps) has sealed fresh funding as its attempts to challenge existing offerings in...

Kava has been generating quite a bit of interest in the DeFi industry lately. There are many that think it could shake up...

Reading Time: 13 minutes 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 […]

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 […]

Source link: MakerDAO Token Holders’ Vote Could Increase Fee For Ethereum-based Stablecoin

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 […]