Category: MakerDAO

Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO

Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO

Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016. 2471 Total views 86 Total shares Recent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi) […]

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Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?

Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?

A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL) fall by double-digital percentages—created a venue for stablecoins to prove their worth. The fixed-price cryptocurrencies offered interim protection to traders from the notorious crypto price volatility. They did so by almost maintaining their one […]

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Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore. 2598 Total views 10 Total shares Representative Ted Budd of North Carolina, a member of the House Financial Services Committee and Congressional Blockchain Caucus, has urged lawmakers to embrace decentralized innovation. In […]

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DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say

DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say

Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. 4037 Total views 19 Total shares Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more […]

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