Decentralization Financial News

07.01 / 04:17

Stablecoin Adoption defi Decentralization $139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, Polygon, and Solana.

06.01 / 12:23

Mining Decentralization Bitcoin Hashrate Kazakhstan Teaches Bitcoin Miners a Lesson as Chaos Affects BTC Hashrate

Kazakhstan has been plunged into a political and social maelstrom that could rock the world of Bitcoin (BTC) – as unrest over escalating fuel prices saw Kazakhtelecom, the national communications provider, pulled the plug on much of the country’s internet, reminding Bitcoin miners to secure alternative ways to access the internet.

31.12 / 04:29

NFT Cybersecurity security Decentralization OpenSea freezes $2.2M of stolen Bored Apes

NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator.

30.12 / 09:45

NFT Metaverse Decentralization Nifty News: Decentraland Times Square NYE party, Mutant Apes go bananas and more…

Decentralized Metaverse project Decentraland will unveil the virtual reality version of the iconic Times Square via a New Years Eve party that coincides with the timing of the real life celebration in New York city.

27.12 / 19:03

Forecast Cardano Decentralization After Failed Prediction, Cardano’s Hoskinson Pushes for ‘Real Decentralization’

After Failed Prediction, Cardano’s Founder No Pushes for ‘Real Decentralization’

24.12 / 19:30

Binance defi Platform Decentralization Interlay Multichain Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.

21.12 / 19:13

business Polkadot Funding Decentralization Interlay Interlay raises $6.5M to accelerate Bitcoin DeFi interoperability

DFG Capital has led a $6.5 million investment in the interoperability start-up Interlay, which is building infrastructure for decentralized finance applications across major blockchains such as Ethereum, Cosmos and Polkadot.

20.12 / 12:21

defi Hackers hacks Decentralization Lost DeFi protocol Grim Finance lost $30M in 5x reentrancy hack

The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits.

13.12 / 17:15

business Adoption Decentralization Job Recruiters say crypto firms seeking leadership in engineering, legal and finance

The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to scale their businesses.

08.12 / 14:37

Amazon DEX Decentralization services Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services

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.

06.12 / 17:27

defi regulation Decentralization Financial Services BIS Sees 'Important Role' for DeFi, Pushes for Increased Regulation

A new report from the Bank for International Settlements (BIS), sometimes called the central bank of central banks, has come to a somewhat unexpected conclusion that decentralized finance (DeFi) could play “an important role” in the traditional financial system - but warned about potential financial instability.

03.12 / 19:55

defi Decentralization DAO 0x expands partnership with Celo to distribute $4.5M to DAO ecosystem

0x protocol and Celo blockchain have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s ecosystem via its community-centric decentralized autonomous organization (DAO).

02.12 / 17:03

Blockchain NFT Web3 Decentralization Jenkins the Valet founder wants to create a decentralized Web3 content company

“My mom cried when I got the job as valet at the Bored Ape Yacht Club, one of the preeminent social clubs for apes. She hooted and grunted and peeled open one of our finest bananas. ‘Jenkins,’ she said, ‘you’re going to rub shoulders with some of the finest apes from around the world.’ I rolled my eyes. She had a knack for embellishment, and I was only going to be a valet after all.”

01.12 / 17:47

defi DEX Liquidity Decentralization IDEX to launch hybrid liquidity decentralized exchange on Polygon

IDEX, a decentralized cryptocurrency exchange (DEX) based in San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon.

26.11 / 20:37

business DApp Decentralization Dapps DappRadar pivots business model to dApp store with native token

DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (dApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR.

11.11 / 04:53

Ethereum Ethereum 2.0 Decentralization Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds

The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky.

08.11 / 16:27

Ethereum regulation Decentralization Bitcoin debate The Ethereum Premine Debate On Fairness, Regulation, and Centralization

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 63.7% of Ethereum’s current total supply, raising the specter of centralization, particularly as the platform transitions to a proof-of-stake (PoS) consensus mechanism.

05.11 / 21:39

business defi Decentralization Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5

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