RATE Group | Crypto and Blockchain News From Japan: Oct. 7–13 in Review
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Crypto and Blockchain News From Japan: Oct. 7–13 in Review

14 Oct Crypto and Blockchain News From Japan: Oct. 7–13 in Review

Posted at 01:10h in Cryptocurrency News by

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Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to Oct. 11.

Organized on an annual basis by the Ethereum Foundation, the recent Devcon conference featured leading figures in the blockchain and cryptocurrency industries, including Ethereum co-founders Vitalik Buterin and Joseph Lubin.

Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan.

MakerDAO to launch MCD in November

On Oct. 9, Rune Christensen, the CEO of the Maker Foundation, announced plans to launch its Multi-Collateral Dai (MCD) on Nov. 18. Speaking at Devcon 5 in Osaka, Christensen noted that MCD will unlock the Dai Savings Rate (DSR), a tool that allows Dai (DAI) stablecoin holders to earn interest on the tokens via smart contracts. Moreover, MCD will also enable new collateral types for Collateralized Debt…

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