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Algorithmic Stablecoins | The Future of DAI

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Algorithmic stablecoins are stablecoins pegged to real-world assets through algorithms and smart contracts rather than asset-backed stablecoins, which are pegged by holding cash and common cash equivalents. These algorithms often control the supply and demand of a certain coin to maintain its 1:1 peg. By using code and smart contracts to maintain a peg, algorithmic …

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Kraken Discusses Risks Surrounding Ethereum’s Proof of Stake Transition

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Kraken is the 4th largest cryptocurrency exchange by trading volume and now supports over 110 coins on its network. In 2020, Kraken became the first exchange to receive a banking license from the state of Wyoming. This made Kraken able to offer fiat services along with digital assets. In addition to Kraken’s use as a …

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