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Automated order books eliminate DeFi costs and match CEX capability
22.2.2022
DeFi may eliminate the middleman, but this was often at the expense of costly transactions and reduced functionality
Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen
20.2.2022
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin...
Point Network Launches Full Web3 Architecture
16.2.2022
PRESS RELEASE. This was the title of a recent talk by Serge Var, CEO and Co-Founder of Point Labs, at the 2022 Web 3.0 Conference in January. Serge presented arguments that despite numerous projects calling themselves “Web 3.0” and “decentralized”, we are not quite there...
Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding
5.2.2022
This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding...
OKEx Rebrands to OKX as It Moves 'Beyond Standard Centralized Exchange Model'
18.1.2022
Major crypto exchange OKEx has changed its brand name to OKX as it says it is now "so much more than an exchange."
"Our goal is to give customers the tools they need to easily and securely earn, transfer and spend their wealth as they see fit, without intermediation from us," Jay Hao, CEO...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
15.1.2022
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This...
Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms
4.1.2022
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19...
Centralized systems are here to stay, says Binance CEO CZ
31.12.2021
Binance CEO CZ debates Ponzi schemes, DeFi and how Binance chooses coins for listing in a new year video
Coinone Sends KYC Warning to Users of Centralized Crypto Exchanges
29.12.2021
One of South Korea’s biggest crypto exchanges – Coinone – has told its customers that they will no longer be able to make withdrawals to “unregistered” wallet addresses as of next month. Observers both in South Korea and overseas say that similar measures may become commonplace for major trading...
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
28.12.2021
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed....
How Binance NFT Is Building the No․1 Gaming Metaverse
27.12.2021
Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse. Main Takeaways: Since June, Binance NFT has become the world’s largest centralized NFT gaming...
Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization
25.12.2021
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point...
Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack
24.12.2021
Decentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of...
LibreScan, the First Decentralized Blockchain Explorer Supported by QANplatform
23.12.2021
PRESS RELEASE. LibreScan, the First Decentralized Blockchain Explorer supported by QANplatform Estonia, Tallinn: The team behind QANplatform announces LibreScan, the first open-source self-hosted Decentralized Blockchain Explorer (DBE). Cryptocurrency holders will soon be able to self-host their...
'You don't own Web 3.0,' says Jack Dorsey, criticizing its centralized nature
21.12.2021
It's often the top priority for VCs and angel investors that businesses comply with relevant regulations, not decentralization, for growth
Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services
8.12.2021
Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization.
Some commenters have questioned whether a decentralized...
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
6.12.2021
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...
‘We’ve All Decided Centralized Banking Is Rigged’ — South Park Episode Features a Bitcoin-Only Future
27.11.2021
South Park’s recent episode called the “Post COVID” special mocks a future where the only currency accepted is bitcoin and other cryptocurrencies. The hour-long animated sitcom picks up years into the future where the main characters are now all grown up, except Kenny McCormick...
Facebook’s centralized metaverse a threat to the decentralized ecosystem?
27.11.2021
Facebook’s metaverse plans have caused discomfort in the crypto community, but there’s every reason to believe in a decentralized future for metaverses
Crypto Trading Volumes Are Shifting to Decentralized Ecosystems; Can Centralized Exchanges Keep Up?
26.11.2021
The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap...