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Day: May 8, 2019

‘A Loan Shark Situation’: MakerDAO Is Leaving Crypto Borrowers With Rising Bills – And They’re Crying Foul

cryptocurrency May 8, 2019

The Takeaway Advertisements An ethereum protocol for programmatic lending, MakerDAO emerged as a clear market leader in part for its rock-bottom interest rates of 0.5 percent. But the code behind MakerDAO requires interest rates to do more than extract business from borrowers, it’s a technological necessity for keeping its DAI stablecoin worth $1. With interest […]

Ethereum-Powered Social Network Cent Launches Payments via Chat

cryptocurrency May 8, 2019

Blogging platform Cent has launched a new feature that allows users to send each other the cryptocurrency ether via chat. Advertisements Announced Wednesday, the feature enables such payments even without downloading a crypto wallet like MetaMask. “You can just log on with an email, password and phone number,” Cent CEO Max Brody told CoinDesk. Cent […]

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