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Less than 1% of all holders have 90% of the voting power in DAOs: report
27.6.2022
A user must hold between 0.1% and 1% of the outstanding token supply to create a proposal and hold between 1% and 4% to pass it
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
24.6.2022
Once the bridge reopens on June 28, users will be able to withdraw one ETH for each one they possessed before the attack
Despite Historic Crashes, Video Games Aren’t Over NFTs Just Yet
24.6.2022
We were so close. As the NFT market suffered one meteoric crash after another, and as some crypto-based games lost money by the hundreds of millions, it seemed for a second there that the gaming industry might come to its senses. But no. This week alone saw two major parties unveiling a commitment...
dYdX moves to Cosmos-based blockchain for V4 to optimize decentralization and trading flow
22.6.2022
The protocol chose Cosmos as a best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second
Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to 'Overly Catastrophize' It
21.6.2022
Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.
The Ethereum mastermind noted that Lido Finance, the largest...
Solend Puts Forward 3rd Proposal that Would Reduce Borrow Limit to USD 50M
21.6.2022
Solana (SOL)-based borrowing and lending service Solend has put forward yet another proposal in a bid to mitigate the threat of the whale wallets at risk of liquidation.
Called SLND3, the latest proposal would introduce a per-account borrow limit of USD 50m. It would also gradually liquidate...
Solana-Based 'DeFi' Lender Solend Goes for Whale Hunting and Backpedals Instantly
20.6.2022
A new proposal put forward by Solana (SOL)-based borrowing and lending service Solend to disapprove the takeover of the protocol's largest account following huge backlash from the community has passed with an overwhelming majority of votes.
The new proposal, dubbed SLND2, asked to invalidate...
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
19.6.2022
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet
How a DAO for a bank or financial institution will look like
19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?
Crypto's uses and misuses: Binance-Reuters quarrel raises questions
17.6.2022
Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector?
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
17.6.2022
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together
Ankr partners with Optimism to provide a fast and reliable RPC service for users
15.6.2022
Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy
15.6.2022
PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided...
The crypto industry must do more to promote encryption, says Meltem Demirors
15.6.2022
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
13.6.2022
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
12.6.2022
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s...
Centralized vs. decentralized digital networks: Key differences
11.6.2022
Find out what differentiates centralized and decentralized digital networks—and which structure is right for your organization
Move Over Web3 (and Web4), Jack Dorsey’s TBD Is Building Web5
10.6.2022
Twitter and Block co-founder Jack Dorsey is back at taking shots at Web3 again as TBD, a Bitcoin (BTC)-focused subsidiary of Block, announced that it is building Web5 - a Decentralized Web Platform (DWP) that is meant to enable ‘truly’ decentralized apps and protocols.
According to the description...
Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations
9.6.2022
In places where crypto has no solid legal framework, self-regulatory organizations act as a ladder for crypto companies to evolve
Wintermute's 'Amateur Mistake' Leads to Loss of 20M Optimism Tokens
9.6.2022
A mistake by crypto market maker Wintermute has resulted in the loss of 20m Optimism (OP) tokens currently worth USD 17m.
In preparation for the OP token launch, Wintermute was to receive "a temporary grant" of OP 20m for liquidity provisioning services. After successfully sending two test...