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…

Continue Reading



Blockstack CEO Muneeb Ali: ‘You Don’t Need a Blockchain’ for All Dapps

Blockstack CEO Muneeb Ali criticized “most” decentralized apps in the industry during a panel appearance Monday, drawing issue with how they are typically organized today. At CoinDesk’s Consensus 2019 conference, he took aim at the “architecture” most decentralized apps use these days, arguing that apps across the space are putting too much reliance (and data)…

Continue Reading



Privacy Crypto Monero Celebrates Its 5th Birthday

One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we took…

Continue Reading



Privacy Cryptocurrency Grin Votes to Fund Third Full-Time Developer

Long-time Grin coder “Ignotus Peverell” will receive financial support to work on the cryptocurrency, a move that makes him the nascent project’s third paid team member. In a weekly developer meeting Monday, developers voted to fund Peverell for his work on Grin with roughly $10,000 per month. With 4,919,040 GRIN tokens in circulation, according to CoinMarketCap,…

Continue Reading



Back Above $4k: Bitcoin’s Price Jumps to a Two-Month High

Bitcoin’s price climbed back above $4,000 on Saturday for the first time in over two months as the broader cryptocurrency market flashed green. At 18:00 UTC on Saturday, the world’s largest cryptocurrency by market capitalization surpassed the $4,000 mark to ultimately reach $4,146 – its highest price since Dec. 24 of last year, according to pricing data from CoinDesk.  Bitcoin’s…

Continue Reading



How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year

BlockEx’s treasury couldn’t stop taking hits in 2018 – and for the London-based startup, it has meant significant delays, scaled-back ambitions and layoffs. CEO Adam Leonard confirmed to CoinDesk that “staff reductions” had taken place. “Some of it naturally as products finished and additionally to reduce burn,” Leonard said via email, declining to offer specifics on…

Continue Reading