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
The $7 Million Question: Which Super Bowl Ad Will Win?
What do Arnold Schwarzenegger, Aubrey Plaza, and Tom Brady all have in common? You'll see them on Super Bowl Sunday, but not on the field. If you only watch the Super Bowl for the ads, here's a sneak peek.
Hung Up for Good: FCC Bans AI-Generated Robocall Voices
The Federal Communications Commission knows (to loosely quote Drake) "when that [AI robocall] hotline bling, that can only mean one thing" — deception. The agency says bad actors have been using these voices to misinform voters.
Disney’s Entertainment Takeover
David Stryzewski, CEO of Sound Planning Group, breaks down Disney’s latest results, from adding Taylor Swift to building out ESPN, and why Bob Iger’s leadership is crucial.
The Super Bowl Is Always Expensive, But This Year Is Super-Dee-Duper Expensive
Vegas and the Super Bowl could be a match made in money-making heaven. We'll take you through some big numbers for the Big Game.
OneUnited Bank CEO on the Power of ‘Financial Wellness’
Kevin Cohee, CEO and chairman of OneUnited Bank, discusses the power of financial literacy and how education and technology can help bridge the racial wealth gap.
Why Inflation Is the Most 'Fascinating' Economic Issue Right Now
Alex McGrath, Chief Investment Officer at NorthEnd Private Wealth, discusses why the A.I. hype can’t power the market forever and how to position investments in the current market.
Your Disney+ Subscription Could Get More Expensive
Paul Verna of Insider Intelligence breaks down how the company is positioned, whether they can make their streaming service profitable, and the upper limit of streaming bundle prices.
Coke Announces New Raspberry-Flavored Coca-Cola Spiced
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend. The beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years.
Taylor Swift Threatens to Sue the College Student Tracking Her Private Jet
Taylor Swift’s camp is hitting Jack Sweeney, a junior at the University of Central Florida, with a cease-and-desist letter that blamed his automated tracking of her private jet for tipping off stalkers as to her location.
