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Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion
19.11.2019
A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai.
Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD),...
MakerDAO Project is Launching Multi-collateral Dai on Crypto.com
16.11.2019
According to the recent announcements, the MakerDAO project will launch its token, Multi-Collateral Dai (Dai), on November 18, 2019. Existing Single-collateral Dai (Sai) will be converted to Multi-Collateral Dai after its release. This token will be launched on the Crypto.com application.  ...
Coinbase and Coinbase Pro to Back New Multi-collateral DAI
16.11.2019
Coinbase has announced an upgrade from its current single-collateral DAI to a multi-collateral DAI stablecoin. In the new upgraded multi-collateral DAI, traders can use both the Ethereum and other ERC20 tokens to create DAI, whereas, the old single-collateral DAI version could use only the Ethereum...
Dai Stablecoin Hits 100M Debt Ceiling Ahead of Collateral Protocol Upgrade
6.11.2019
The Dai stablecoin developed by MakerDAO has hit its 100 million debt ceiling ahead of an upgrade to its collateral protocol
Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement
3.11.2019
According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin...
Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial
18.10.2019
Raiffeisen amongst 28 organizations in the first global-scale trial on R3 Corda network
Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...
MakerDAO’s Multi-Collateral DAI Token Is Launching Nov. 18
9.10.2019
From Nov. 18, borrowers of DAI tokens will be able to stake multiple types of cryptocurrency collateral, not just ETH
Maker Foundation’s Multi-Collateral Dai to Launch on Nov. 18
9.10.2019
The Maker Foundation’s CEO reveals that its Multi-Collateral Dai system will be ready to launch on November 18
Ether Price Drop Shakes DAI Stablecoin Peg, Two Collateral Contracts Closed
25.9.2019
The reliability and weaknesses of the decentralized stablecoin DAI and the ecosystem built on it have been shown by the recent Ether price drop
PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
25.7.2019
CoinLoan is among the first to offer loans secured by Bitcoin Cash
As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform...
Nexo Announces Acceptance Of Gram Tokens As Collateral
7.7.2019
Nexo firm, which is in the business of providing cryptocurrency loans, has recently announced that it will accept the Telegram’s ICO token as collateral from the prospective customers who are willing to avail services. However, it should be noted that for now, gram tokens are not available in...
Arrington-backed Crypto Loans Firm to Accept Telegram’s Token as Collateral
5.7.2019
Cryptocurrency loans firm Nexo says it will accept the gram ICO token from messaging app giant Telegram as collateral
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
10.5.2019
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator...