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Cardano’s Hoskinson Stresses on Web3 Social Platforms Over “Unsustainable” Centralized Models
20.2.2024
The co-founder of Cardano Charles Hoskinson called for more development around web3 social media platforms rather than dependence on centralized platforms.
The post Cardano’s Hoskinson Stresses on Web3 Social Platforms Over “Unsustainable” Centralized Models appeared first on Cryptonews
Blockchain-Based Ride Apps Could Restore Confidence in Ride-Hailing Industry, Says Firdosh Sheikh
10.2.2024
According to Firdosh Sheikh, the co-founder and CEO of DRIFE, blockchain-based ride-hailing platforms could disrupt and revolutionize the industry, much like Uber and Lyft did to the traditional taxi industry over the past decade. To support this argument, Sheikh, whose ride-hailing platform...
Can Decentralized Social Media Redefine Online Community Engagement?
9.2.2024
Decentralized social media (DeSo) is a concept that is looking to stir up the digital landscape and promises to redefine how we connect online. Meanwhile, traditional social media as we know it today is a vibrant hub of community engagement. It is a space where ideas flourish and voices are heard....
On-Chain Domains Expand Usability of Web2 Platforms
8.2.2024
Just as the internet advanced with the evolution of the Domain Name System (DNS) – which turns domain names into IP addresses – the crypto sector is undergoing a similar transition with the implementation of on-chain domain names. What are On-chain Domains? Sandy Carter, COO and Head of Business...
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....
Exclusive: Anza Co-Founder Responds to Solana Centralization Concerns
30.1.2024
The Solana blockchain crew has moved some team members from one of its divisions to a new entity called Anza. Anza co-founder Jeff Washington, a former engineer at Solana Labs, announced this move on Tuesday, revealing the team’s focus on improving the performance of a Solana Labs validator...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
24.1.2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin...
Fantom Reduces Validator Requirement to 50k FTM, Prioritizes Decentralization
16.1.2024
Source: Adobestock Fantom Network has announced a 90% reduction in validator requirements, taking the assets needed to run a self-staking node to 50,000 FTM from 500,000 FTM. The company wrote on X (formerly Twitter) about the new developments, informing its community of changes, reasons, and...
Hedera Adds Major Household Name To Its Council – Why Is This Important?
15.1.2024
Source: AdobeStock / Eagle Hedera has announced the latest member of its governing council – the tech giant Hitachi. Hedera’s President Charles Adkins told Cryptonews why having household names join the ranks is relevant. Hedera Lending Credibility with Hitachi America The Hedera...
Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch
14.1.2024
While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise...
EthereumPOW Core Team Disbands to Achieve Full Decentralization as OneDAO Provides Transitional Support
19.12.2023
The EthereumPOW core team is disbanding to achieve decentralized governance, with OneDAO providing temporary support. Image by Sergey Nivens, Adobe Stock. The core development team behind the proof-of-work (PoW) fork of Ethereum announced on Tuesday its decision to dissolve EthereumPOW’s...
BNB Chain Reveals Greenfield Tech Roadmap, Neon EVM Integrates Ledger Live + More News
12.12.2023
Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: BNB Chain Reveals Greenfield Tech Roadmap Neon EVM Integrates With Ledger Live Immutable and Transak Partner...
Ethereum’s Decentralization Questioned as Block Builders Censor Transactions Tied to US Sanctions
6.12.2023
Censorship is on the rise in Ethereum as key players block transactions tied to US sanctions, undermining its decentralized ethos. Image by Kerem Goktug Kaya, DALL-E 3. A pillar of Ethereum’s original vision was decentralization—the idea that its blockchain would operate outside constraints...
Decentralized Infrastructure Provider Grove Raises $7.9M
30.11.2023
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don't need to incur the costs of buying and running their own equipment
Cosmos Hub greenlights ATOM inflation cut for security boost
26.11.2023
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
26.11.2023
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO
Yearn.Finance token tumbles 43%, community speculates on exit scam
18.11.2023
Yearn.Finance's YFI token crashed over 43% in just five hours, after rallying almost 170% in November
Ethereum L2 Starknet aims to decentralize core components of its scaling network
16.11.2023
Starknet has laid out its road map to begin decentralizing core components of its Ethereum layer 2 scaling network to defend against censorship and improve robustness
46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi
15.11.2023
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements
Microsoft, Tencent and other tech giants join decentralized Infura network
15.11.2023
Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant