Arjun Balaji

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Money 2.0 Stuff: This newsletter needs 2-of-3 multi-sig to publish

MakerDAO is de-stablilizing This week, The Block’s Frank Chaparro uncovered a major story outlining a number of ongoing governance issues with MakerDAO: Maker DAO, a non-custodial lending protocol that produces decentralized stablecoin Dai, has witnessed a faction break out in recent months to prevent the consolidation of power around its original founder Rune Christensen, those […]
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Apr 26, 2019, 11:30AM UTC

Money 2.0 Stuff: The bundling and un-bundling of exchanges

“There’s only two ways I know of to make money: bundling and unbundling” — Jim Barksdale Today, Binance announced the successful deployment of the Binance Chain genesis block. The Binance public blockchain will host the future Binance DEX and will be powered by Binance’s native ecosystem token, $BNB. Today, the blockchain appears to be positioned primarily as […]
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Apr 19, 2019, 10:56AM UTC

Money 2.0 Stuff: The next topic of this column will be decided on-chain

Can we spend treasury funds on lambos? One of the solutions proposed to on-going blockchain funding problems is allocating tokens to a team-held treasury. Inevitably, this introduces perfectly reasonable questions like “How should it be spent?” and “Who should control it?” Over the years, this has led to all sorts of wacky uses of funds, including […]
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Apr 16, 2019, 11:00AM UTC

Analyzing the cryptocurrency value chain: Storage

In 2017, cryptocurrencies saw a spark of institutional interest and with it, a number of new categories of startups emerged: Asset custody: With crypto-fund managers offering an estimated $10b+ in AUM and potential incoming institutional capital, competition to be the premier asset custody provider intensified as each entrant rushed to slash fees, increase asset coverage, get insurance […]
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Apr 15, 2019, 9:00PM UTC