MakerDAO is a decentralized autonomous organization which has its own stable coin named as DAI which is is pegged against the US Dollar. Users who have used Ethereum tokens are as collateral has to only pay back in the DAI tokens to gain access to it, this has resulted a staggering $234 million Ethereum tokens with it.
The residents living in Denmark, Sweden and Norway will be able to purchase the Ethereum (ETH) soon directly via Opera browser. Charles Hamel, product lead in Opera said, “We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.”
The co-founder of Ethereum has announced regarding its recent collaboration with the Philippine authorities in rewarding the citizens for cleaning garbage at the country’s local beaches. More initiatives are taken to attract the people in cleaning up the beaches in the country has been arranged, such as steps by a Norwegian entrepreneur.
The ConsenSys is to lay off more staff soon at Ethereum Studio ConsenSys. Quartz then quoted the response from an investor, Jeanna Liu regarding the staff cuts situation in ConsenSys, “At best this is just ordinary course fat trimming given the company grew its workforce by at least 300% in the past year to 1,200 people.”
Coinbase Professional announced that its going to add four Ethereum tokens to its platform namely which are the following: Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL). GNT and DAI will be available in the US, except New York. While, MKR and ZIL will be available in UK, EU, Canada, Singapore, and Australia. Also added other jurisdictions might get extended later.
Opera released an inbuilt crypto wallet on its Android application “Web 3-ready.” Reportedly, the wallet features ethereum coin and would add others later. It supports crypto collectibles with ERC-721 standard. The Opera Crypto product manager revealed that the product is similar to the beta version covering a larger audience. The company reasoned that Ethereum has a ‘lot of momentum’ behind it.
The Huobi DM (Derivatives Market) has gone live. It was launched by Huobi Global focusing on Bitcoin and Ethereum. The platform currently offers long and short-term contracts for both Bitcoin and Ethereum. The CEO of Huobi Global also declared “integrating Huobi DM with Huobi Global’ to serve the user’s needs and to provide full-fledged trading services.
The Wanchain (WAN) has declared the release of Wanchain 3.0 to connect Bitcoin to Ethereum and ERC-20 tokens. The founder and CEO, Jack Lu mentioned it as the ‘biggest release ever, bringing the network of Bitcoin users to projects and tokens built on Ethereum.’ It features cross-chain transaction capability by bringing seamless blockchain interoperability.
The CFTC is welcoming public comments aimed at understanding Ether token and the Ethereum network use cases. The CFTC has filed an RFI (request for information) to hear public views on the underlying technology. The public would have to comment within 60 days. The effort is expected to support the body to come up with better decisions.
The Coinbase exchange has declared the inclusion of four coins to the Coinbase Pro platform. Reportedly, the Coinbase Pro users would be able to transfer Civic, district0x, Loom Network, and Decentraland to the exchange. The token launch would undergo four stages. The trade would be available for users in the UK, US (except NY), European Union, Canada, Singapore, and Australia.