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Maker (MKR) is a new entrant into the world of cryptocurrencies, and it is trading on Ethereum blockchain. The MKR acts as a smart contract and hedge currency, it trades along with DAI coins on the Ethereum network. MKR is responsible for minimizing the volatility of the DAI so that…Read full article
The global crypto markets seem to stabilize this past week, with the market volatility just over $4 billion after a bullish previous week which saw the market correct itself following the Bitcoin anchored market slump. Most top coins in the market are fluctuating at less than 1%, a rare slight...Read full article
Our existing financial landscape has undergone a great deal of transformation with the advent of cryptocurrencies. Granted, they have not replaced or even come close to replacing fiat currencies, but they have alternately turned into boon or bane for investors and modified the fintech scene considerably. If you were to…Read full article
If you were playing the word association game for crypto enthusiasts and someone said "stablecoin!", you'd probably blurt out "Tether", for that is the most common stablecoin the crypto world has known till now. However, Tether has major transparency issues and is often linked with Bitcoin price manipulation. All this…Read full article
Stable coins are those which remove large price volatilities, in the coins. Maker is such an asset-backed, Ethereum based, decentralized stable coin. Maker boasts of an autonomous smart contract system, which reacts specifically to market fluctuations while making sure the price of 1 Dai, equivalent to that of 1 USD.…Read full article
Exploring the intersection of finance and technology.Read full article
Maker (MKR) skipped some major leaps over the last summer and culminated with Andreessen Horowitz’s purchase of 6% of its total supply, according to an official Medium post authored my MakerDAO.Read full article