Category: decentralization

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Russian President Vladimir Putin States Emergent Multipolar World Order Will Be ‘More Just’

In a recent article, Vladimir Putin, President of the Russian Federation, outlined his thoughts about the emergence of a new multipolar world order. Putin explained this new configuration will allow different regions, including Africa, the Middle East, and Latam, to assume their roles in a new “more just and democratic” world order. Russian President Vladimir…
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How do DeFi projects generate profit?

If you don’t know where the yield is coming from, you are the yield. This week’s episode of Market Talks discusses how DeFi platforms generate a profit and if high yields are sustainable. This week’s episode of Cointelegraph’s Market Talks welcomes Alvin Xu, the co-founder and CEO of Maverick Protocol, a platform that is taking a new approach…
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ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig 

Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced Thursday that it will begin selling a newly…
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Today in Crypto: UK Gov ‘Firmly Disagrees’ with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: UK Gov ‘Firmly Disagrees’ with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming…
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Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.” 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…
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Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO

CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, something…
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Web3 Revolution: ‘Low Latency Is King’ Says Fleek Network Lead Researcher

According to Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, many developers of decentralized apps (dapps) continue to shun Web3 infrastructure because it has low latency. Ghadimi asserts that developers and users are more concerned with performance than the novelty of Web3 applications. Web3 Regulation a ‘Certainty’ While this may explain…
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Enterprise blockchain: ‘Ethereum for Business’ explains key use cases

Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology. The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings from…
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Synthetix takes on counterparty risks with Infinex derivatives exchange

The upcoming exchange will cater to novice and experienced traders by offering features similar to centralized exchanges. Decentralized finance protocol Synthetix is preparing to expand its range of affiliated products. Synthetix founder Kain Warwick revealed intentions to introduce a new derivatives front-end called Infinex to the decentralized trading infrastructure of Synthetix. The upcoming exchange will cater…
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Token hoarders defeat the purpose of most DAOs: Study

The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. 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…
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