New DeFi Pulse Stats Show Over $320 Million in Ethereum Now Stored in Dapps, MakerDAO Leads the Way

DeFi Pulse is the quintessential radar for the dawn of decentralized finance. Keep up with the metrics that matter from all major DeFi protocols and projects, e. g. , Uniswap, Compound, MakerDAO. Quickly compare projects' growth and influence over a 24-hour period.

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Crypto Exchange Platform Raises $1.13 Million from Concentric, Blockchain.com and MakerDAO

The South Africa-based cryptocurrency exchange Coindirect has secured $1. 13 million in funding, reported FinSMEs on February 21, 2019. This first funding round was led by Concentric as well as participation from crypto wallet provider Blockchain.

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About 1M ETH or Almost 1 Percent of the Total Supply Locked in MakerDAO Smart Contracts

CoinSpeaker About 1M ETH or Almost 1 Percent of the Total Supply Locked in MakerDAO Smart Contracts According to Mike McDonald, MKR. tools creator, almost 1 percent of the total Ethereum supply (about 1 million Ethereum) is currently locked in MakerDAO smart contracts.

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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

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Circle’s USDC Stablecoin Begins Trading

Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.

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Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin

Renowned venture capital firm Andreessen Horowitz has invested $15 million in MakerDAO’s stablecoin, the company recently revealed in a press statement. The VC firm, which is considered one of the most elite in the world, has become increasingly involved in the crypto industry in the past year having set up a $300 million blockchain fund […] The post Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin appeared first on NullTX.

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Andressen Horowitz Invests $15 Million into Stablecoin Company MakerDAO

As established venture capital funds look with intent at the lucrative cryptocurrency space, stablecoin startups are seemingly catching their attention as the investment avenue of choice after crypto-exchanges and wallets services.

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Andreessen Horowitz’s $300m Crypto Fund Buys Stakes in Stablecoin Project

An upcoming stable coin project featuring a loaning system has bagged a $15 million investment from Andreessen Horowitz. VC Firm to Govern MakerDAO The venture capital firm, with a history of high profile investments into crypto projects, bought 6 percent of the total MKR supply through its $300m crypto fund, a16z crypto.

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Andreessen Horowitz’s a16z Invests $15M to Buy 6% of MakerDAO’s Tokens

Andreessen Horowitz invested $15 million in MakerDAO through its subsidiary a16z, which marks the first investment of the newly created fund.

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Andreessen Horowitz Buys 6% of DAI’s MakerDao

One of the best known venture capital firm in Silicon Valley has bought $15 million worth of 60,000 MKR at $250 per token according to an announcement. They say: “The... The post Andreessen Horowitz Buys 6% of DAI’s MakerDao appeared first on Trustnodes.

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a16z Puts $15 Million Behind Stablecoin Platform MakerDAO

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a16z crypto buys 6% of MKR, backing MakerDAO

It was announced earlier today that recently launched $300 million crypto and blockchain investment fund a16z crypto has purchased 6% of the total token supply of MakerDAO’s MKR for $15 million USD.

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Investment Firm a16z crypto Purchases $15 Million In MKR Tokens

MakerDAO ain’t like all the other stablecoins out there, apparently.

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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release.

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High Demand Leads MakerDAO to Raise Debt Ceiling to $100 Million

The Decentralized Autonomous Organization, Maker, has achieved a major milestone with raising its debt ceiling to 100 million Dai.… The post High Demand Leads MakerDAO to Raise Debt Ceiling to $100 Million appeared first on Invest In Blockchain.

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MakerDAO Announces Partnership With Tradeshift

MakerDAO, creator of the Dai stablecoin, announced its partnership with Tradeshift on July 6. Tradeshift, which provides supply chain payments and markets for more than 1.5 million companies in over 190 countries, will add payments through a decentralized marketplace using the Dai stablecoin to fund real-time small business loans. This partnership could help businesses gain […]

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$50 Million Dai Have Been Issued, Limit Raised to $100 Million

The world’s first algorithmically stable currency has reached a milestone after a limit of $50 million was reached. A representative from MakerDAO says: “There was a sudden spike in CDP.

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