Category: Decentralized

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Crypto exchange OKEx launches DeFi hub and NFT marketplace

OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs. Global crypto exchange OKEx is ramping up its decentralized finance (DeFi) efforts with the introduction of the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible tokens (NFTs).  According to a Sep.…
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Social media problems and solutions: ‘Centralization is not sustainable’

What lies at the heart of the current problems with social media? What can and cannot be fixed? Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry.…
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Germany looks to blockchain to help decentralize their energy economy

The country seeks to innovate with help from a variety of Blockchain companies. The Deutsche Energie-Agentur, also known as DENA — the main governmental group responsible for energy innovation in Germany — is looking to move its energy ecosystem to a decentralized database. DENA “has selected Energy Web to design and construct a digital registry…
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DeFi app overview: How to navigate crypto’s new finance wave

With DeFi platforms bringing in profits for users, jumping onto this wagon seems to be highly attractive. But how easy is it to do? In 2020, as a result of the economic crisis caused by the spread of COVID-19, the world financial system is facing an increasing number of problems. The authorities of large countries…
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Tachyon VPN Reaches 1 Million Users in Just Six Months

The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users. Tachyon Protocol, a blockchain-based network set up by proof-of-stake creator Sunny King, reported its decentralized virtual private network, or VPN, reached 1 million users worldwide last week after only six months.…
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Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative

The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t. Dfinity’s Internet Computer is stepping up to set that straight. Proponents of blockchain technology herald decentralization as a key facet of its revolutionary nature. But the majority of users are still accessing decentralized exchanges,…
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Centralized Crypto Futures Exchange Integrates Chainlink’s Price Oracles

Chainlink’s decentralized price oracles will be used as an “anchor” by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi)…
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Decentralized VPN Gaining Steam at 100,000 Users Worldwide

Tachyon, a blockchain-based ecosystem built with the help of proof-of-stake creator, Sunny King, already has 100,000 entities using its VPN. Blockchain-based ecosystem, Tachyon, has a decentralized virtual private network, or VPN, hosting 100,000 users as of April, according to V Systems chief architect, Sunny King.  “Tachyon has started open pilot testing,” King told Cointelegraph in…
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Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders

Binance is doubling fees for ETH withdrawals due to high ETH network congestion. Fired-up Crypto traders call the decision robbery. Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified:  “To better facilitate ERC20 and…
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Orchid CEO ‘More Interested in the Long-Term’ Than Recent Price Dump

Orchid’s CEO responds to the recent turbulent price action surrounding its OXT token, emphasizing a long-term focus for the company. After a product launch and simultaneous Coinbase Pro token listing, Orchid Labs’ OXT token found itself down more than 20% in value by Dec. 18, as Cointelegraph detailed in a brief. Responding to the activity,…
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