Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

Maker's Stability Fee Drops to 5.5% After Multi-Collateral Dai AnnouncementAccording 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 Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18 […]

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Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse

Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t RefuseA group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it. […]

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South African Payment Gateway Drops BTC Over Fees and Network Congestion

South African Payment Gateway Drops BTC Over Fees and Network CongestionOn July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – […]

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Zcash Foundation Responds to Monero Developer’s Tweet

There is never a shortage of controversy in the world of cryptocurrency. Although there are plenty of positive developments happening too, a recent announcement by the Zcash Foundation sparks some debates. In a tweet last Friday, Monero developer Riccardo Spagni calls out the Zcash Foundation for its funding strategy. The Zcash Funding Debacle One has to […]

The post Zcash Foundation Responds to Monero Developer’s Tweet appeared first on NullTX.

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Africa and its Antiquated Banking: Cryptocurrencies The Solution?

Africa and its Antiquated Banking: Cryptocurrencies The Solution?Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning […]

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