MakerDAO Is Helping 60 Kids in Brazil Learn the Basics of Blockchain

Nearly 120 youths, ages 14-24, now gather weekly in Rio de Janeiro for free courses about financial literacy, computer programming and blockchain technology. World Bank research field coordinator Erick Baumgartner told CoinDesk he went to three high schools in the crime-riddled Pavuna district to recruit students for the nine-month program, which started in May. “Even…

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How MakerDAO Works – The Stablecoin Explainer

An illustrated guide to the lending platform/DeFi app MakerDAO and its tokens, MKR and DAI. Got questions about fluctuating interest rates and collateralization? We’ve got you covered. Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.comFacebook: https://www.facebook.com/CoinDeskTwitter: https://www.twitter.com/coindeskInstagram: https://www.Instagram.com/coindeskNewsletter: https://www.coindesk.com/newsletter/Twitter (Markets): https://www.twitter.com/coindeskmarkets CoinDesk is the leading digital media, events and information services company for the crypto…

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MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

The open-source developer group behind the dollar-pegged, ethereum-backed stablecoin DAI is considering whether higher fees could help stave off mounting liquidity issues. During the weekly developer call on Feb. 28, some token holders, including MakerDAO founder Rune Christensen, voiced concerns about whether the peg, the mechanism by which the cryptocurrency holds a stable value, can continue…

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Interview: Michael Dunworth, CEO of Money Transfer Service Wyre, on MakerDAO Partnership

On Tuesday, U.S. international wire transfer startup Wyre announced a strategic partnership with MakerDAO. We’ve written about Wyre several times in the past: first when they raised a $5.8 million Series A led by Chinese firm Amphora Capital. The firm went on to acquire Bejing-based Remsity as they took on China. At the time — April 2017…

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