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Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
28.9.2022
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell on Defi Regulation Federal Reserve Chairman Jerome...
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
27.9.2022
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only...
Decentralized Exchange Bancor Proposes Burning 1 Million BNT Tokens to Support Prices
27.9.2022
Bancor to propose more 'burn events' if the proposed effort has an intended bullish effect on BNT's price
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
FTX Ventures, DCG Back $9.6M Funding for Decentralized Database Solution Kwil
23.9.2022
The community-owned platform could make it easier for Web2 developers to move into Web3
Founder of Web3 Messaging App: Decentralized Platforms Enable Users ‘to Build Their Communities in a Safe Place’
23.9.2022
In a world where censorship is growing and the right to privacy is being undermined, Web3 — the next iteration of the world wide web — looks to some like the solution users of online platforms are waiting for. As some pioneering Web3 products and solutions have demonstrated, when...
Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked ETHW Will Be the Same in 10 Years
23.9.2022
The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’
23.9.2022
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call currency.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi...
Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients
22.9.2022
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded...
Jamie Dimon Attacks Crypto Tokens as ‘Decentralized Ponzi Scheme’ But He’s Happy With Regulated Stablecoins
22.9.2022
Jamie Dimon, the chairman and CEO of Wall Street investment bank JPMorgan, has taken another swing at cryptocurrencies, with a particular focus on bitcoin (BTC), telling the U.S. Congress that cryptos were “decentralized Ponzi schemes”. At the same time, Dimon said he accepts the added value...
JPMorgan CEO calls crypto 'decentralized Ponzi schemes'
22.9.2022
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with "crypto tokens that you call currencies" on one side and "real" innovations on the other
Blurring the line between crypto and TradFi could redefine global finance
21.9.2022
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry
Decentralized Finance Protocol Coin98 Unveils Native Stablecoin CUSD
21.9.2022
DeFi platforms race to craft their own stablecoins to attract users and boost growth, including Curve and Aave
Litecoin Foundation’s managing director shares his thoughts on decentralized money
20.9.2022
The Litecoin blockchain has been up and running for over a decade with no downtime
Crypto insurance market expands with decentralized and centralized options
20.9.2022
Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets
Solana outperforms Ethereum in daily transactions in Q2: Nansen report
19.9.2022
Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June
Infura Announces the Development of Decentralized Infrastructure Network
19.9.2022
Infura, a blockchain development tool, is looking forward to introducing a decentralized infrastructure protocol early next year to ease worries that its platform is too centralized to support the decentralized applications of the Ethereum ecosystems (dApps). The network is known as...
Decentralized exchange GMX suffers $565K price manipulation 'exploit'
19.9.2022
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened
DAOs will never work without fixing governance
18.9.2022
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models