DAI

The xCurrent payment system and the xVia corporate payment API from fintech company Ripple are included in the single RippleNet brand. At the same time, a California-based company invested $ 750,000 in a BRD wallet, which will now add support for the XRP token. Representatives of Ripple reported on the rebranding of the existing product line in an interview with the Japanese edition of Morningstar. XRapid cross-border payment system based on the XRP token […]

DAI's stable collateral multi-collateral borrowing system will be launched on November 18. The date was named by MakerDAO Foundation CEO Rune Christensen at Devcon. Everything you need to know about the upcoming launch of Multi-Collateral #Dai on November 18th! https://t.co/9TSXCaTrJL – Maker (@MakerDAO) October 9, 2019 According to him, work on multi-collateral DAI (MCD) lasted five years. At this […]

MakerDAO developers fixed a critical vulnerability that could lead to the loss of more than 10% of the total collateral funds of users of the DAI token, reports CoinDesk. The user HackerOne under the nickname lucash-dev found an error in the planned update of the Multi-Collateral Dai (MCD) system during the testing phase. The vulnerability allowed an attacker to steal the entire security, which is at the liquidation stage in MCD, in one transaction. According to lucash-dev, an opportunity for […]

Bitcoin exchange operators, including Coinbase, Kraken, Circle and Bittrex, have developed a system to evaluate which cryptocurrencies are classified as securities under US law. According to the Wall Street Journal, the system will help exchanges decide which digital assets to list and which ones to not deal with so as not to violate the requirements of securities laws. Specially created Council […]

Gemini cryptocurrency exchange launched a custodial service. Gemini Custody will allow customers to trade assets that are stored offline through instant loans, according to a press release. The service, operated by the regulated custodian of Gemini Trust Company, supports multi-signature technology, white lists of addresses for withdrawal, additional accounts with different access levels, and also provides access to auditors. Users of the service are available Bitcoin, Ethereum, […]

A new report by the European Central Bank (ECB) says that legal uncertainty can adversely affect stablecoins with a clear governance structure. In a document titled, “Looking for stability among crypto assets: are stablecoins a solution?” Fiat-tied assets are described as digital units of value. However, they are not a form of any particular currency, but rely on […]

Chainalysis, an analytic blockchain startup, introduced the Chainalysis KYT real-time alert system, which informs the user about suspicious transactions. According to the developers, the system is primarily focused on cryptocurrency companies and financial institutions and allows them to reduce regulatory and reputation risks. KYT notifications are available for all 15 cryptocurrencies that Chainalysis works with, including Bitcoin, Ethereum, Bitcoin Cash, and […]