‘Darkest Days Yet’: ‘Purple Pill’ Tell-All Details Years-Long Rift at Heart of MakerDAO Stablecoin Project

Penned by the stablecoin project's former CTO, "Zandy's Story" paints a clear picture of MakerDAO's current turmoil.

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DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin

Ether and instability: What MakerDAO needs to do before DAI can become crypto’s “default” stablecoin.

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

MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.

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MakerDAO Voters are Currently Divided on How Much to Hike Fees for DAI Stablecoin

The token holders of the MakerDAO loan system are facing difficult times right now. The stability of their stablecoin is not going great as it is being sold by less than $1 USD in secondary markets.

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

MakerDAO token holders approved a 3 percent fee increase on the programmatic loan system issuing DAI tokens. Yet token holders appear to be more divided on how high of an increase is warranted for the MakerDAO system.

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MakerDAO Ready to See a Rise in Fees Above 11% In Order to Stabilize the Stablecoin (DAI)

MakerDAO users will be approving a fee increase in the network that would increase the cost of the DAI stablecoin. There have been five different options to MakerDAO token holders that suggest a range of possible increases to the so-call stability fee.

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

MakerDAO appears set to approve a fifth fee increase that would further raise the cost of platform's US dollar-backed stablecoin DAI.

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Clear Majority in Fifth MakerDAO Vote Looks Set to Pass Another Increase in DAI Stability Fee

Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%, in the fifth fee increase within two months

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Blockchain Prediction Platform Augur to Launch Stablecoin DAI-Denominated Markets

Blockchain-powered prediction market Augur has launched support for MakerDAO’s DAI stablecoin as part of an unfolding major upgrade to its platform

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MakerDAO aims to swap local South Korean currencies with stablecoin Dai

MakerDAO, the issuer of Dai, recently announced a new program in South Korea. This new program follows MakerDAO’s initiative with VANTA, a decentralized network, to encourage the adoption of Dai.

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MakerDAO working Korean partners to drive local cryptocurrency adoption

CryptoNinjas MakerDAO, the issuer of Dai, the first and largest stablecoin on the Ethereum blockchain, has announced that following last month’s official launch of the National Relayer Campaign in Korea, the MakerDAO Korean community has worked closely with its partners including VANTA, a decentralized.

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UMA Launches US Stock Index Token for Investors, Taps MakerDAO Stablecoin

The Universal Market Access (UMA) announced a partnership with MakerDAO to release a tokenized version of the stock exchange. Their ERC20 token will feature fractional ownership in the largest financial markets companies in the United States.

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Accepted: MakerDAO Vote to Raise DAI Stablecoin Stability Fee by 4% to 7.5% per Year

The stability fee of MakerDAO’s DAI has been raised by MKR token holders by 4 percent, making it 7.5 percent per year

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MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI

Users of the dollar-backed stablecoin DAI have staked MakerDAO governance tokens in favor of supporting a 4 percent raise to stablecoin fees.

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MakerDAO Polls Users on Fresh Fee Increase to 7.4 Percent as Stablecoin Wobbles

Maker wants to raise one of its fees to almost 7.5 percent to deal with problems with liquidity and the exchange rate of its stablecoin

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MakerDAO Ponders A Fourth Fee Hike As The Ecosystem’s DAI Stablecoin’s Value Is Below $1 USD

MakerDAO Ponders A Fourth Fee Hike As The Ecosystem’s DAI Stablecoin’s Value Is Below $1 USD During the bear market, all companies have to manage their business very well or they might end up closing their doors.

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MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1

MakerDAO token holders could soon be voting on another proposal to increase fees on the loans that issue new holdings of the stablecoin DAI.

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MakerDAO Votes to Raises Ethereum-backed Loan Interest Rate by 2.0 Percentage Points

MakerDAO, a decentralized autonomous organization that provides crypto collateralized loans, voted to raise interest rates from 1. 5 percent to 3. 5 percent. The vote is a continuation of two February rate increases in an attempt to curb its Ethereum-backed stablecoin, Dai, from trading below its $1.

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MakerDAO Votes to Raise Ethereum-backed Loan Interest Rate by 2.0 Percentage Points

MakerDAO, a decentralized autonomous organization that provides crypto collateralized loans, voted to raise interest rates from 1. 5 percent to 3. 5 percent. The vote is a continuation of two February rate increases in an attempt to curb its Ethereum-backed stablecoin, Dai, from trading below its $1.

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MakerDao Users Vote to Raise Stablecoin DAI’s ‘Stability Fee’ by 2%

MakerDAO users have voted to raise DAI stability fee from 1.5% to 3.5% per year

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MakerDAO Token Holders Approve Fee Increase for Ethereum Stablecoin

Votes have been cast in overwhelming support of increasing borrowing fees to the dollar-backed stablecoin dai.

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MakerDAO Users Vote on ‘Stability Fee’ Increase as DAI Stablecoin Peg Wobbles

Maker responds to market maker concerns about liquidity with new fee increase proposal

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A Fee Hike Might Be Coming to DAI Stablecoin, But MakerDAO Is Holding A Vote First

MakerDAO is the home of the DAI stablecoin, which is backed by Ethereum. However, the current design of the coin has led to some concerns from the developers during their weekly call on the 28th of February.

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MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

With the DAI's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."

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How Does MakerDAO Work And How It Is Possible For Users To Loan Dai Money Themselves?

How Does MakerDAO Work And How It Is Possible For Users To Loan Money Themselves? Mariano Conti, an Argentinian entrepreneur and the “Head of Oracles” at MakerDAO, explained that it is possible to take a loan using himself as collateral.

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Here’s Why MakerDao (MKR) and (DAI) Stablecoin has been the Hottest Coin of 2019

In the current bear market, there is one cryptocurrency that is defying the odds which is 17th largest cryptocurrency by the market cap of $507 billion, according to the data provided by Coinmarketcap.

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MakerDAO Blockchain Project Sees Growth Despite Crypto Market Crash

According to MakerDAO’s report on February 7, 2019, Dai, a stablecoin that runs on the Ethereum blockchain, has recorded a 20 percent average monthly growth in its number of users based on the number of active addresses, funds transferred within a specific period, and use cases for the altcoin.

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Ethereum Crash Drives Growth of MakerDAO and DAI

MakerDAO, a crypto collateral platform, has revealed that its blockchain network and stablecoin have directly benefited from Ethereum’s extended price crash, which has been ongoing for the past several months and shows little sign of letting up.

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How MakerDAO’s Decentralized DAI Stablecoin Token Looks to Oust the Controversial Tether (USDT)

The previous year has been marked by a lot of things, including high-profile crypto exchange hacks, two market crashes, a year-long bear market, and of course — stablecoins. 2018 has been quite an eventful year for fiat pegged coins, which started emerging due to high volatility of regular cryptocurrencies. The most popular stablecoin, Tether (USTD) […]

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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).

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MakerDAO partners with Ripio exchange to bring Dai to South America

CryptoNinjas Blockchain ecosystem MakerDAO announced that is has partnered with South American crypto exchange Ripio list its Dai stablecoin. As of now, Dai is available for Ripio exchange users in South America where they will.

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Stablecoin overview: A condensed version

MakerDAO explains the meaning and mechanisms behind stablecoins on the CoinMarketCap blog.

The post Stablecoin overview: A condensed version appeared first on CoinMarketCap.

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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

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As Tether’s Peg Slips, Bitcoin Price Is Distorted Across Market

Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.

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Circle’s USDC Stablecoin Begins Trading

Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.

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Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin

Renowned venture capital firm Andreessen Horowitz has invested $15 million in MakerDAO’s stablecoin, the company recently revealed in a press statement. The VC firm, which is considered one of the most elite in the world, has become increasingly involved in the crypto industry in the past year having set up a $300 million blockchain fund […] The post Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin appeared first on NullTX.

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Andressen Horowitz Invests $15 Million into Stablecoin Company MakerDAO

As established venture capital funds look with intent at the lucrative cryptocurrency space, stablecoin startups are seemingly catching their attention as the investment avenue of choice after crypto-exchanges and wallets services.

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Andreessen Horowitz’s $300m Crypto Fund Buys Stakes in Stablecoin Project

An upcoming stable coin project featuring a loaning system has bagged a $15 million investment from Andreessen Horowitz. VC Firm to Govern MakerDAO The venture capital firm, with a history of high profile investments into crypto projects, bought 6 percent of the total MKR supply through its $300m crypto fund, a16z crypto.

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Andreessen Horowitz вложил $15 млн в развитие стейблкоина MakerDAO

Криптофонд венчурного фонда Andreessen Horowitz (a16z) вложил $15 млн в блокчейн-проект MakerDAO. Стартап развивает одноименный стейблкоин MakerDAO (MKR). Фонд приобрел 6% от общего числа монет.

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Andreessen Horowitz инвестировала $15 млн в блокчейн-стартап MakerDAO

Американская венчурная компания из Кремниевой долины Andreessen Horowitz (a16z) инвестировала $15 млн в стейблкоин MakerDAO (MKR). Владение токенами MKR позволит a16z участвовать в управлении MakerDAO и Dai Credit System.

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a16z Puts $15 Million Behind Stablecoin Platform MakerDAO

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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release.

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ConsenSys Initiative Empowers Students to Use Blockchain for Social Good

ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor.

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Wyre Ties up with MakerDAO to Offer Dai-Based Fiat-Crypto Trading Pairs

Wyre, the blockchain-based payment transfer company from San Francisco, has entered a new agreement with the developer of Dai to add the barely one-year-old stablecoin into its portfolio on August 14, 2018.

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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers

Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.

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MakerDAO and Wyre partner to provide access to Dai Stablecoin in over 30 countries

MakerDAO, the creator of Dai, a decentralized stablecoin based on the Ethereum blockchain, and Wyre, a blockchain money transfer company operating a regulated global payment infrastructure, today announced the availability of fast and compliant conversion.

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MakerDAO and Wyre Give Businesses Immediate Access to Dai Stablecoin in Over Thirty Countries, Including U.S.A.

Fast, secure and compliant bridge converts fiat currencies directly to the Dai stablecoin SAN FRANCISCO — August 14, 2018… The post MakerDAO and Wyre Give Businesses Immediate Access to Dai Stablecoin in Over Thirty Countries, Including U.S.A. appeared first on Invest In Blockchain.

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MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading

bZx and MakerDAO are announcing a partnership where they plan to bring their protocols together, to enable decentralized trading using smart contracts running on the Ethereum blockchain. While bZx is a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, MakerDAO is the firm that developed the Dai stablecoin.

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Swarm Blockchain Fund Platform Adds MakerDAO Dai Stabecoin Crypto Support

The Dia stablecoin was created to address the massive market fluctuation problem within the cryptocurrency community. While other coins are prone to jumping and falling in value rapidly depending on the time of day, Dai’s coin is pegged in value to the US Dollar.

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