BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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The Maker Foundation has proposed a new security feature that will help it avoid losing all its collateral investments to hackers. The new security proposal named the Governance Security Module (GSM) aims to instill in the system a 24-hour governance delay on new executive deals. The proposal comes almost immediately after a loophole was detected [...]
MakerDAO, the Decentralized Autonomous Organization (DAO) which created the DAI stablecoin, has revealed that a critical security update was made in its governance contract. DAO made the announcement in a Reddit thread, stating that in the second round of security audits in which DAO participated alongside with crypto exchange Coinbase and smart contract security startup [...]
If you are even remotely informed about cryptocurrencies, then you surely know that one of the biggest problems of the crypto market stems from the fact that most cryptocurrencies are extremely volatile. Before we go even further, it’s important to note that there’s no such thing as a perfectly stable currency. In fact, even some [...]