Maker is an autonomous, decentralized consortium on the Ethereum blockchain that minimizes the price volatility of its stable token, the Dai, against the US dollar. Using this platform, you can make trades on OasisDex, Maker’s proprietary decentralized exchange; deposit collateral for borrowing Dai by locking ETH in the Maker collateral vault; and compete for profit opportunities on the Maker platform. Using borrowed Dai, you can re-invest it to build leveraged positions and buy more collateral on the open market. In times of uncertainty, you can exchange other cryptocurrencies for Dai.
Source: AltCoin Today - 1 day ago
Japanese Lawmaker Proposes 4 Changes to Ease Crypto Tax Burden A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to ease the burden for cryptocurrency users and encourage adoption of cryptocurrencies in the country. In a meeting held earlier this month, Takeshi Fujimaki, a representative of the third-largest…
Source: Live Bitcoin News - 1 day ago
KuCoin blockchain asset today is proudly announcing the listing of another Stablecoin, DAI, and the ERC-20 token, Maker (MKR). Deposits on both are now available utilizing KuCoin website and to their iOS and Android applications. DAI’s supported pairs are BTC/DAI, ETH/DAI, USDT/DAI, and MKR/DAI. And for MKR with possible pairs like MKR/BTC, MKR/ETH, and MKR/DAI....
Source: Crypto Insider - 4 days ago
On Thursday (6 December 2018), US Congressman Darren Soto (Democrat) and lawmaker Ted Budd (Republican) proposed new legislation to “help prevent” manipulation of digital currency prices while also “positioning” the United States to be a key player in the cryptoasset industry. Two New Pieces Of Legislation For Cryptocurrencies The announcement’s press release noted that two […]
Source: Live Bitcoin News - 2 weeks ago
The first ever Bitcoin legal dispute in Singapore went to trial on Wednesday. Market maker B2C2 is suing Quoine, a cryptocurrency exchange service for wrongfully reversing some trades carried out earlier in the year. Details of the Bitcoin Trading Dispute According to The Straits Times, the case is being held before the nation’s Singapore International...
Source: Live Bitcoin News - 1 month ago
Graphical processing unit (GPU) manufacturer AMD has launched a new explainer page for both cryptocurrency and blockchain technology. The Fight Is Heating Up AMD is one of several mining corporations in the crypto industry. The company is likely experiencing heavy competition from bitcoin mining giant Bitmain, headquartered in China. The venture is said to own...
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