Decentralization Financial News
28.06 / 18:49
Blockchain
defi
wallet
Decentralization
Bitcoin
Crypto needs better self-custody: This platform is solving it
While Bitcoin (BTC) offered the world an era of true decentralization, the introduction of centralized exchanges and custodial services has lured people away from the original premise of crypto — trustlessness and self-custody. However, the collapse of major crypto exchanges such as FTX acted as a bitter reminder of the importance of the “Not your keys, not your coins” mantra, triggering an exodus from centralized platforms to noncustodial solutions.
21.06 / 17:17
business
Technology
Adoption
Investments
Web3
Decentralization
Support
Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies
Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies.
21.06 / 11:01
Government
regulation
Decentralization
Bitcoin
Bitcoin Price
Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’
The government of China has tried hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original cryptocurrency has gained around 36% since the Chinese government stated it would become worthless in 2022.
20.06 / 17:03
business
Technology
Investments
Decentralization
Bitcoin
new cryptocurrency
Wall Street giants back EDX Markets, a new cryptocurrency exchange
EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry.
20.06 / 11:03
defi
regulation
European Union
Decentralization
Backed
Global Crypto Regulations for DeFi Backed by France's Markets Regulator
France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.
20.06 / 10:19
Blockchain
Adoption
Web3
Tokens
Decentralization
Power
Social capital: A revolution in measuring community power on social media
As social media platforms continue to dominate people’s daily lives, the power of influencers and their ability to sway public opinion has become a highly valuable asset. But how does one accurately measure this power? Is it based solely on the number of followers or likes an influencer has? In this article, we'll explore the limitations of evaluating community power based on followers and engagements alone and examine an alternative metric called Social Capital.
16.06 / 11:07
defi
DEX
Trading
Decentralization
CEX
Features
CEX features and simplicity come to DeFi: Here’s how
Before the major failures of 2022, centralized exchanges (CEXs) pioneered crypto adoption with their accessibility, diverse features and direct fiat gateways — features that were mostly lacking in the decentralized ecosystem. However, CEXs received significant blows in user confidence when major exchanges such as FTX collapsed one after another last year.
13.06 / 23:40
defi
Analysis
Opinion
Decentralization
DAO
Democracy
Cybernetic organizations — BORGs — are doomed to fail
What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations.
12.06 / 22:05
business
Blockchain
Technology
Polygon
Web3
Decentralization
Upgrade
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”
12.06 / 07:39
Blockchain
Ethereum
proof-of-work
Decentralization
Consensus
Stanford University
Bitcoin
stake
How Bitcoin can help secure proof-of-stake blockchain protocols
The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford University professor.
08.06 / 14:19
business
Blockchain
Adoption
Africa
Decentralization
World Mobile eyes African rollout after decentralized wireless field tests
Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full rollout across the African continent, the company said in the announcement.
08.06 / 12:39
Blockchain
defi
lending
Decentralization
Cosmos
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically designed protocols. With crypto lending, users can lock their crypto assets as collateral and then borrow a fiat or stablecoin loan. Instead of traditional intermediaries, like banks and credit unions, DeFi lending protocols operate directly on a blockchain. Smart contracts facilitate each loan or borrowing, and on-chain supply and demand decide the interest rates.
08.06 / 12:39
business
Blockchain
Adoption
Europe
European Union
Decentralization
Verification
EU to use blockchain for educational and professional credential verification
The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders.
06.06 / 19:16
business
Blockchain
Hackers
hacks
wallet
Decentralization
Mobile Wallet
Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.
02.06 / 13:21
Blockchain
Adoption
NFT
Social Media
Web3
Tokens
Decentralization
Web3 adds semantic layer to Ethereum for a decentralized society
Focusing too much on the tokenization of assets instead of encoding social relationships of trust was a key complaint regarding the current state of Web3 that found a clear voice in a mid-2022 paper published by Ethereum co-founder Vitalik Buterin along with E. Glen Weyl and Puja Ohlhaver. Titled “Decentralized Society: Finding Web3's Soul,” the paper explores soulbound tokens (SBTs), a unique form of nonfungible tokens (NFTs) that represent the credentials of a user.
01.06 / 10:19
Social Media
Web3
Decentralization
Tokenomics
network
Pi Network Unveils Web3 Social Platform Fireside Forum to Foster Positive Online Interactions
Web3 app ecosystem Pi Network has launched a "self-moderating" social platform with integrated tokenomics, meant to encourage better content and raise accountability - where users pay to post.
31.05 / 13:35
Blockchain
Technology
Altcoin
Decentralized Exchange
Decentralization
Blockchain firm raises $25M to develop third-generation architecture
Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture.
30.05 / 22:27
business
Blockchain
Technology
Web3
data
Decentralization
Nansen lays off 30% of its workforce
Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to reduce the size of the Nansen team.”
30.05 / 15:17
Blockchain
Adoption
defi
Decentralized Exchange
Decentralization
Staking
Cross-Chain
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.
30.05 / 12:27
business
Government
Blockchain
Technology
Web3
economy
Decentralization
Laos government reportedly prioritizes blockchain technology for digital transformation
On May 26, the Laotian government reportedly hosted the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation in the country’s capital, Vientiane. The conference, which was led by Laotian Prime Minister Sonexay Siphandone, was attended by blockchain experts and various leaders from the main economic departments within the country.
28.05 / 21:53
Blockchain
Decentralization
identity
Bitcoin
boost
Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor
Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a recent interview with Kitco News.
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