Rune Christensen, founder of MakerDao, discusses how his company's cryptocurrency is different from the rest because it's less volatile. MakerDao locks collateral with "maker," a decentralized platform on the ethereum blockchain. The Dai's external reference point is the dollar--one dai equals one dollar.
Share:
More In Business
Trader Joe’s Just Hosted Its Own Version of March Madness — Here’s the Winning Product
Don’t know what to buy for your March Madness watch party? Look no further.
Millennials and Gen Z Aren’t Saving Enough for Retirement, Don't Miss Out on That Compound Interest
It’s not too late to get started adding to your 401(k) or IRA – and you might even want to add some crypto or A.I. stocks to your portfolio.
Inflation Coming Down, Economy Doing Well: Give the Fed an A+
Stocks are near record highs, inflation is moderating, and analyst Deiya Pernas is 'optimistic' the U.S. is heading for a soft landing without a recession – which is good news for your wallet.
Gmail Revolutionized Email 20 Years Ago. People Thought It Was Google's April Fools' Day Joke
Google co-founders Larry Page and Sergey Brin loved pulling pranks, so much so they began rolling outlandish ideas every April Fools' Day not long after starting their company more than a quarter century ago.
It's a Bittersweet Easter for Chocolate Lovers and African Cocoa Farmers
But don't worry, big brands are still seeing profits!!
Crypto-Boy Goes Bust: The Sam Bankman-Fried Verdict, Explained
Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency. It collapsed almost as quickly — by the fall of 2022, it was bankrupt.
Big Business This Week: Mickey vs. DeSantis, China's Woes, Nobody Got $$$ for a House
The economic effects of the Baltimore bridge collapse, Americans are living longer but not better, and Gen Z and millennials are struggling to afford rent, let alone a mortgage.
Porch Piracy Is On the Rise — Here’s What Business Are Doing About It
Move over baseball, buying online might just be America’s new favorite pastime. It also spells open season for porch pirates.
Women Hold the Key to our Climate Future
Zainab Salbi, founder of Women for Women International and co-founder of Daughters for Earth, shares why she is putting women in positions of power to fight the climate crisis.
