Tagged: cdps

MakerDAO Recommends Safety Measures to Prevent Debt Crisis Created Following Last Month’s Historic Cryptocurrency Market Crash

April 29, 2020 @ 11:48 am By Omar Faridi |

MakerDAO (MKR), a leading Ethereum (ETH)-based lending protocol, has released a new report that tries to put the events of “Black Thursday” (when the Bitcoin and larger crypto market crashed over 50% between March 12-13, 2020) into context. MakerDAO’s report notes that there are certain… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged cdps, collateralized debt positions, dai, daos, distributed autonomous organizations, eth, ether, ethereum, lending, maker, makerdao, mkr, paradigm capital, stablecoins

DeFi Report: Crypto Investors are Actually Interested in Decentralized Finance Technology, Not Solely Motivated by Speculation and Profits

April 16, 2020 @ 10:42 pm By Omar Faridi |

Cryptocurrencies and their underlying blockchain technology are often criticized for not having enough practical use cases. There are still relatively few merchants or retailers who will accept virtual currencies as payment, because of the challenges associated with off-ramping into fiat currencies, which are more practical… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, btc, cdps, Codefi, collateralized debt positions, consensys, decentralized finance, defi, distributed ledger technology, dlt, ethereum, smart contracts