How MakerDAO Works: A Video Explainer

The liquidator of Three Arrows Capital (3AC) may try to reclaim about $1.2 billion from Digital Currency Group (DCG) and crypto lender BlockFi, clawing back payments made by the hedge fund as liquidation loomed but before the process started.A confidential July 7 report from Teneo, the liquidator, that CoinDesk reviewed referred to more than $1…

opinion Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign…

Election 2020: What’s at Stake for the Crypto IndustryThe 2020 U.S. presidential election will shape crypto policy for the next four years – even if no one’s actually pitching crypto-specific positions.While presidential candidates aren’t campaigning on their blockchain savvy – and indeed, have barely mentioned cryptocurrency – the individuals they appoint to lead and serve…

news Denver-based startup Dapix Inc. has raised $5.7 million in a Series A funding round led by Binance Labs, the company announced Thursday. Launched in 2018, Dapix is building a delegated proof-of-stake (DPOS) blockchain to act as the connective tissue between cryptocurrency wallets, exchanges and other applications. The goal is to establish an industry standard across…

feature Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesThe London Stock Exchange will roll out a market for bitcoin (BTC) and ether (ETH) exchange-traded notes (ETN) on May 28, it said on Monday. The

news Digital travel agent Webjet has launched its long-in-development blockchain-based platform in a bid to remove disparities in hotel booking data. Working in conjunction with Microsoft through the firm’s Azure blockchain-as-a-service sandbox since 2016, Webjet said Thursday the new Rezchain application will address hotel reservation snafus and overcharges by looking for data mismatches in real-time between…

Bitcoin (BTC) is expected to emerge as a global macropolitical asset with a more-than $3 trillion market cap, quadrupling by mid-2025, broker Bernstein said in a research report Monday.Bernstein says the cryptocurrency’s fundamentals have never looked better, noting that 70% of the outstanding supply hasn’t been traded in the past year.“This is an all-time high