Decentralization Financial News

20.07 / 10:25

Blockchain defi Polygon Decentralization Polygon 2.0 begins groundwork for decentralized governance

Polygon Labs has begun work on an expansion intended to include all blockchains and applications running on the Polygon network, and seeks to democratize the upgrade process and encourage community participation.

19.07 / 18:35

regulation Decentralization Congress ATM legislation FinCEN U.S. Crypto security Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

United States Sen. Jack Reed sponsored a bipartisan bill introduced into the Senate on July 18 that would tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and sanctions requirements for decentralized finance (DeFi). According to a news release on Reed’s website, the bill is titled the Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act.

19.07 / 17:27

Blockchain White Paper Decentralization DLT Bitcoin Why isn’t smart money’s effect on crypto’s original promise discussed more?

Ignoring the original, utility-driven ideas introduced in the early documents on digital cash became the new normal once adopters stumbled upon a cryptocurrency price ticker. Are new price tickers a sign of innovation?

18.07 / 20:23

event Blockchain Adoption defi Conference Decentralization centralized exchanges Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy

Decentralized finance (DeFi) organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts them ahead of schedule for the impending launch of the v4 mainnet, something they claim represents complete decentralization for dYdX.

18.07 / 14:27

Blockchain Ethereum Decentralization Dapps Oasis launches Ethereum-compatible privacy blockchain Sapphire

Decentralized applications could tap into improved privacy features as blockchain firm Oasis launches its confidential EVM-compatible blockchain Sapphire.

17.07 / 09:13

Blockchain Ethereum Ether price Decentralization DNS Unstoppable Domains ethereum name service Unstoppable Domains adds .eth domains through Ethereum Name Service partnership

Two of the biggest platforms powering Web3 decentralized domains have partnered up after Unstoppable Domains announced support for .eth domain names from Ethereum Name Service (ENS).

17.07 / 03:51

Stablecoin Adoption defi Aave Decentralization DAI Curve Finance Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted

Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.

15.07 / 11:01

Blockchain NFT defi Web3 Gaming Decentralization Travel will create a new wave of Web3 mass adoption: Here’s how

The travel industry has long been a behemoth, catering to the diverse needs of nearly 2 billion digitally savvy users each year. When it comes to technological innovation, however, it has remained a sleeping giant.

15.07 / 11:01

business defi Decentralization Synthetix Synthetix takes on counterparty risks with Infinex derivatives exchange

Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.

14.07 / 20:59

Blockchain defi Decentralization Study Research DAO Token hoarders defeat the purpose of most DAOs: Study

A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy are related to the reasons individual users have for participating.

14.07 / 13:21

Blockchain Decentralization network Decentralized Wireless Network Operator World Mobile Gains Licensed Spectrum for US Coverage

Decentralized wireless network operator World Mobile has secured licensed spectrum in four US states.

10.07 / 22:43

Analysis Opinion Decentralization Bitcoin Bitcoin has entered a civil war — Over ‘art’

In an email dated Jan. 17, 1993, Hal Finney — a developer and early contributor to Bitcoin — shared the concept of “encrypted digital cards,” which are now known as nonfungible tokens (NFTs).

08.07 / 13:07

Blockchain Web3 data Decentralization Provider for Meta’s file-storage needs suggests path forward for Web3 data management

Data privacy has come a long way since the widespread use of technology kicked off in the early 2000s. Now, every click, Tweet and Instagram post makes up a personal data footprint that stands shoulder-to-shoulder with people’s fundamental rights as one of the most valuable assets each individual possesses.

07.07 / 12:51

Blockchain defi Decentralization DAO Shiba Inu Shibarium could go live in August — Developer

In a July 6 blog post, Shytoshi Kusama, the lead developer of Shiba Inu, said that the team will have discussions and possibly release the highly anticipated layer 2, Shibarium, during the Blockchain Futurist Conference, ETHToronto and ETHWomen hackathons, scheduled during August 2023 in Canada.

06.07 / 17:43

Blockchain defi Social Media Decentralization DeSo offers $1M bounty for building decentralized Reddit

Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In supporting the decision, developers wrote:

05.07 / 23:45

business NFT defi Decentralized Exchange Decentralization Derivatives On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital

On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.

05.07 / 17:51

Blockchain NFT defi Decentralization DeFi meets AI: Can this synergy be the new focus of tech acquisitions?

The crypto industry has faced significant challenges over the past few years, dealing with issues such as failed exchanges, regulation, collapsing projects and depegged stablecoins. These hurdles have contributed to an atmosphere of uncertainty and skepticism within the industry. However, the obstacles experienced within the space have now paved the way for new entrants, and with them, innovative solutions that continue to drive the evolution of decentralized finance (DeFi).

04.07 / 20:59

Ethereum defi Decentralization Staking Lido, Rocket Pool team members argue over decentralization

A team member for Lido has accused competitor Rocket Pool of being too centralized in a July 4 social media post. Both Lido and Rocket Pool are liquid staking protocols that allow users to delegate their cryptocurrency to validators and receive derivative tokens in exchange.

04.07 / 12:13

Blockchain Adoption transactions Decentralization CEX This platform improves UX by providing CEX users with ENS names

While cryptocurrencies offer evident benefits like decentralization, borderless transactions at a low cost and unparalleled security, they still have to catch up with traditional payment systems in terms of user experience in order to enjoy the same adoption rate.

03.07 / 10:57

Blockchain Adoption Web3 Metaverse Decentralization Dapps Industry-leading company hosts major event to push for Web3 transformation

In addition to sharing knowledge, networking and staying on top of industry trends, blockchain events also serve as the foundation for Web3 adoption. While these events can take a variety of forms, from a hackathon to a tradeshow and speaker format, the reality is that these events are often an important showcase for real-world use cases, success stories and practical implementations of blockchain technology. By seeing these tangible examples of how Web3 is impacting industries and solving complex problems, many industry professionals are given the foundation they need to build on and gain trust and confidence in the technology.

29.06 / 20:35

Blockchain interview Decentralization Blockchain Game LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn't seem that bad to me,” Pellegrino said.

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