Maker

More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

The amount of available DAI — the stablecoin tied to the Ethereum-based lending protocol Maker — has surpassed $1 billion, according to available data. DaiStats reports that a total of 1,001,031,052.54 DAI has now been issued. DAI is created when collateral, such as ETH, is locked into a smart contract called a Vault. That DAI …

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Bitcoin SV, Zcash, Maker Price Analysis: 17 October

Bitcoin SV, Zcash, Maker Price Analysis: 17 October

Zcash and Maker although still not bullish enough, were definitely displaying signs of short-term positive price reversals, as the selling pressures for the two digital assets continued to weaken. Bitcoin SV however, seen making a bearish breakout below its trendline, could witness a few more bearish sessions, as the bulls were yet to solidify a …

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Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

A trading firm sitting behind both the centralized and decentralized cryptocurrency worlds has scored $2.8 million in a Series A funding round led by Lightspeed Venture Partners.  Wintermute, a London-based market maker in the digital asset space, announced Tuesday the close of the multi-million dollar raise exclusively to The Block, noting that the fresh capital …

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Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November.  The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, …

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Bitcoin Miner Maker Canaan Lost $148 Million in 2019

Bitcoin Miner Maker Canaan Lost $148 Million in 2019

Chinese bitcoin miner manufacturer Canaan Creative has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million, reflecting a declining profitability over the past three years. On Thursday, the firm released its first unaudited earnings report since it went public in the U.S. last November. Canaan said it sold computing power …

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