Decentralization Financial News

07.04 / 09:17

business NFT Web3 Charity Decentralization gala David Bowie unreleased record debuts as music NFT

A previously unreleased version of David Bowie’s "Let's Dance" surfaced as a limited edition collection of nonfungible tokens (NFTs).

06.04 / 18:11

business Blockchain Technology Polygon Web3 Decentralization DAO boost Accessibility Aragon and Polygon Labs collaborate to boost DAO accessibility

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has revealed that its infrastructure is now available on the Polygon network.

05.04 / 19:09

business Blockchain Technology Investments Web3 Decentralization Pantera Capital Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure

Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird.

04.04 / 21:49

Ethereum defi Decentralization layer2 identity KYC network Masa announces soulbound ID tokens for Coinbase's Base Network

Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational characteristics to their wallet addresses, making credit underwriting possible on the blockchain, the company said.

04.04 / 18:09

Blockchain privacy Web3 data Decentralization identity Web3 digital identity is here to stay, but it has a long way to go

In today’s digital age, most consumers have some form of digital identity. Whether it’s a social media profile, gamer tag or online banking credentials, digital identities have become an integral part of people’s daily lives.

04.04 / 18:09

business Blockchain Technology Developers Web3 Decentralization Dapps Google Cloud Support Celo Foundation and Google Cloud partner to support sustainable Web3 startups

The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in Celo's blockchain ecosystem and advance the early adoption of Google Cloud services. The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Firebase usage, thereby enhancing Celo's mobile-first infrastructure and decentralized applications (Dapps).

04.04 / 13:03

Adoption NFT Social Media Web3 Decentralization Video platform enters Web3, brings a decade of experience

The controversial topic of how social media platforms distribute ad revenue generated from user content came into the spotlight when Twitter’s new owner, Elon Musk, announced revenue-sharing plans with creators. In a tweet, Musk specified that the micro-blogging platform plans to share ad revenue with creators “for ads that appear in their reply threads.” However, no further updates followed the initial announcement, adding to the centralized social media giant’s infamy for being stingy when it comes to revenue sharing with people who create content on its platform.

03.04 / 20:09

business Blockchain Technology Kucoin wallet Web3 Decentralization KuCoin Wallet spins off from KuCoin exchange, renames as Halo Wallet

Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from several investors, including KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners.

03.04 / 03:31

defi Decentralization Arbitrum Arbitrum to break up governance votes after community backlash

Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders.

31.03 / 21:31

business Blockchain Technology Decentralization Digital Asset Crypto exchange Bittrex to wind down operations in the US

Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform's ninth anniversary, marking a bittersweet moment for the company.

31.03 / 20:39

Blockchain defi Decentralized Exchange Decentralization decentralized marketplace VC funding European DeFi startups saw a 120% increase in VC funding in 2022: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

31.03 / 08:55

Blockchain Adoption Trading Decentralization Here’s how the crypto industry is using artificial intelligence

The use of artificial intelligence (AI) in crypto, though still in its very infant stages, has shown prospects for growth. According to statistics, the blockchain AI market is projected to grow from $220.5 million in 2020 to $973.6 million in 2027 at a CAGR of 23.6% in the 2020-2027 period. Countless projects are trying to put AI at the forefront of their use cases.

30.03 / 08:21

defi Hackers regulation security Decentralization KYC NOT DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say

DeFi execs at a WOW Summit panel argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into “clean money.”

28.03 / 16:43

Blockchain Technology Energy Decentralization renewable energy Energy Consumption Bitcoin How Irish farmers turn cow dung into digital gold (Bitcoin)

An Irish dairy farmer has found an unusual way to make use of the excess energy produced on his farm — by turning to Bitcoin (BTC) mining. Tom Campbell, who runs a farm in County Armagh, Northern Ireland, produces renewable energy using a method called anaerobic digestion. This involves breaking down biodegradable material to a point where it creates methane gas, which can be used to produce electricity.

28.03 / 14:57

Blockchain Adoption defi data Decentralization partnerships Ava Labs boost Crunchbase taps AllianceBlock to boost novel applications in DeFi

AllianceBlock, a decentralized finance solutions provider, has partnered with Crunchbase, a prospecting platform, to make its data available to Data Tunnel users.

27.03 / 16:23

Blockchain Web3 Decentralization identity play From PayPal to Web3: Digital identity could play key role in unlocking mainstream adoption

The advent of the consumer internet in the 1990s brought unprecedented opportunities, democratizing access to information and communication, and revolutionizing digital commerce.

27.03 / 10:59

Blockchain defi Trading Forex Decentralization The benefits of trading Forex pairs in decentralized finance

Cryptocurrency volatility attracts a lot of traders looking to convert price fluctuations into profitable deals. Nevertheless, many traders still prefer to speculate on the price of traditional assets, mainly foreign exchange (forex) pairs. The daily turnover of the global forex market hit $7.5 trillion in April last year, according to data provided by the Bank for International Settlements (BIS), making it by far the largest market out there.

25.03 / 15:35

Blockchain Web3 data Decentralization identity Decentralized digital identities and credentials are key to mass Web3 adoption

As the world of Web3 emerges, so too does an exciting opportunity to emphasize the importance of trust and security in a digital world. Digital identity and credentials play a significant role in helping users manage their IDs and control their personal information securely.

24.03 / 18:17

markets Blockchain Adoption Web3 Decentralization Empowering creators and fans via a robust Web3 entertainment ecosystem

The entertainment industry is known for its daunting barriers to entry, with a tiny group of studios and networks dominating the greenlighting process for content. Even when a project does launch, the actual talent involved in its creation rarely gets to claim any ownership of its success. As for the audience, fans have few ways to participate other than consuming content and buying merchandise.

23.03 / 15:39

event Adoption defi Decentralization network 1inch Network co-founder to crypto newbies: ‘Don’t trust anyone, verify’ | PBW 2023

Sergej Kunz, the co-founder of decentralized finance (DeFi) protocol 1inch Network, sat down with Cointelegraph reporter Joseph Hall at the Paris Blockchain Week 2023. The duo discussed various topics, including the limitations of investing for normal people, what mass adoption looks like and big companies jumping into the Web3 space.

23.03 / 00:13

Blockchain defi Web3 Decentralization Job How can a decentralized talent pool solve one of the biggest problems of Web3?

Web3 represents a paradigm shift in how the world transacts, works and collaborates. In a decentralized, trustless network, individuals own their data and contribute to an equitable digital economy. Although promising in concept, perhaps the most exciting part about this space is the fact that the majority of it is yet to be defined. Therefore, the individuals building the Web3 environment truly hold the power to shape the future.

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