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. Now, the MakerDAO ecosystem is pondering about a fourth fee hike in order to keep business afloat as the price of its DAI stablecoin has been below $1 USD recently and it is hitting lows of $0.96 USD on platforms like Coinbase. Both investors and developers are participating in the debate of the Ethereum-based programmatic lending platform and whether a fee hike is a good idea or not. Since February, the prices of the DAI token are dipping below their average $1 USD mark and this has been causing problems. DAI tokens are issued by the system, and they use a system of stability fees, which are charged in a proportional way to the amount of DAI tokens that you return. The fees can generally be paid either MKR or DAI tokens. The difference between the MKR tokens and the DAI ones
The U.S. IRS plans to examine crypto-related applications more closely, in order to determine whether taxpayers are involved in bitcoin transactions.
With the rise in crypto adoption, heavyweights of crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a scalable data layer for detecting and penalizing fraudulent activities.
The threat of full blown, global currency war looms over the world economy. But the opportunity to profit from this macro trend is enormous.
Temtum, a crypto project developing a quantum-secure, decentralized blockchain network called Temporal, has created the genesis block for its temtum (TEM) altcoin using the infrastructure of the Royal Mint. The startup has also stored temtum’s private keys in the vault of the Royal mint ahead of its official launch on…
This week saw the release of a multi-party onchain escrow system, Vitalik Buterin discussed using BCH, and more BCH-accepting merchants were onboarded.
Vitalik Buterin, the ace crypto enthusiast behind Ethereum recently proposed the use of the Bitcoin Cash blockchain as a temporary scalability solution for the Ethereum network. The writer/programmer
According to Preston Byrne MakerDao’s stablecoin that is collateralized with Ethereum cryptocurrency, is about to collapse. In a series of tweets, Byrne explained his reasons saying that the peg
The crypto world will certainly be marked by two important aspects in 2019: the end of the bear market (and subsequent bull run) and Facebook’s Libra. Now, the U. S. Senate Banking Committee has
The Canadian Securities Administrators (CSA) has said it wants to adapt current securities regulations to specifically address crypto assets in its 2019-2022 business plan. The regulatory agency has
Polychain Capital, a prominent venture capital company focused on the crypto market, has recently led the seed round of Altonomy, a crypto market maker based in Singapore. During the round, Altonomy
ATOM continues in a downtrend in the medium-term outlook. The bears finally broke the demand area at $4.20 after three attempts on 14th July as price fell to $3.93
The CEO and founder of Tron, Justin Sun, has made the news recently after he decided to lunch with the richest man of the world, Warren Buffett. During a recent interview with Crypto Love, Sun talked
JPMorgan plans to force its customers into arbitration for dispute resolution. It’s just the latest way the big banks screw us over.
On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.0400 overhead resistance. TRX /USD Medium-term Trend: Ranging Resistance Levels: $0.0340, $0.0360,