MakerDAO founder Rune Christensen unveiled proposals yesterday that will effectively cause what he believes has become a “completely pointless” Maker Foundation to dissolve over the next few years, allowing the decentralized autonomous organization live up to its name.
The pandemic's economic destruction is so bad that even retailers of what may be the most recession-proof product there is—illegal narcotics—are feeling the pinch as coronavirus hits darknet revenues.
The co-founder of Firefox parent Mozilla, Eich’s stated aim is to “fix the internet” with Brave—and part of this plan involves paying users in crypto. A share of advertising revenue is distributed to users who agree to view ads in the form of Ethereum-based Basic Attention Tokens. This digital asset can then be cashed in or used to reward content creators on platforms such as YouTube and Twitch.
Binance CEO Changpeng "CZ" Zhao reportedly spent as much as $400 million on CoinMarketCap. If true, that’s a princely—if not laughable—sum, especially during a market crash of such historic proportions that investments and acquisitions in nearly every industry have dried up.