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‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
11.1.2022
DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
23.12.2021
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to...
Bank for International Settlements States True Decentralized Finance Is an ‘Illusion’
8.12.2021
The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools away from current financial institutions, it just provides an ‘illusion’ of doing...
The Ethereum Premine Debate On Fairness, Regulation, and Centralization
7.11.2021
You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contributors and the Ethereum Foundation. At ETH 72m, this total accounts for around...
USD 230M Avalanche, Binance Centralization, Influential Vitalik + More News
16.9.2021
e/">AVAX tokens, according to Bloomberg. Other participants in the token sale included R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Curre
Tether Frozen in Poly Hack Returned to Owners, Fuelling Centralization Debate
26.8.2021
The tether (USDT) that was frozen by its issuer Tether during the recent Poly Network hack have been returned to their rightful owners, Tether announced. However, this has raised concerns that this particular part of the cryptocurrency space is not as decentralized as it claims to be.
On Wednesday...
SEC boss says DeFi platforms are ‘highly centralized’ and will need to register
20.8.2021
SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms
Crypto Mom: True decentralization is the only thing that will save DeFi projects
6.8.2021
SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch
Binance Centralization, Bullish Pilot, Monero Bug, Mastercard Program + More News
27.7.2021
Changpeng Zhao, CZ. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Binance wants to set up regional headquarters and be recognized by local regulators as a financial...
A decentralized app store might lead crypto toward more centralization
17.7.2021
On the inevitable journey into the mainstream, crypto might replace one gatekeeper with another. Are we ready for this sacrifice?
'Fiat-Like' Proof-of-Stake Chains Favor Centralization & Rich Players
5.6.2021
In crypto, consensus often results in controversy. Sure, consensus mechanisms themselves obviously result in agreement concerning transactions, yet when it comes to picking the ideal mechanism for a particular chain or cryptoasset, the crypto community as a whole is very often in disagreement.
One...
Mass adoption may take crypto toward centralization
11.4.2021
With mass adoption comes the risk that cryptocurrency may lose one of its core value propositions: decentralization
South Korea faces strict crypto regulation and fears of centralization
24.3.2021
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country
Ethereum devs grumble as Harvest Finance and Value Defi eye Binance Smart Chain
12.2.2021
Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power
Perceived centralization could kill PoS networks: ShapeShift report
11.2.2021
ShapeShift believes the public perception of a network’s centralization could make or break the current generation of smart contract platforms
Sci-Hub Leaves Handshake Blockchain After 2 Days, Citing Centralization Concerns
14.1.2021
Sci-Hub, a pirate library of academic papers censored by Twitter, PayPal and domain systems, left the distributed domain platform Handshake after two days, unsatisfied by the level of decentralization
Charity’s Centralization Problem, Feat. Matthew Davie and Alpen Sheth
8.1.2021
They call it the charitable-industrial complex: a system where money for development, for humanitarian needs, and for improving the lives of billions is controlled through a top-down process, run by U.S. charities and shaped by U.S. tax rules and regulations
DeFi community raises centralization concerns over Compound Chain
18.12.2020
Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021
Google Down: The Perils of Centralization
14.12.2020
It was a jarring reminder of the hidden costs of the easy-to-use, centralized systems that permeate the web, and just how taxing or debilitating they can be
Social media problems and solutions: ‘Centralization is not sustainable’
15.11.2020
What lies at the heart of the current problems with social media? What can and cannot be fixed?