Tether, Tron and TRM Labs jointly froze $126M USDT in 2024
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April. Go to Source
Centralization
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Two builders produce 88% of Ethereum blocks in October, raising concerns
Some analysts don’t see this as a centralization concern due to the Ethereum network’s underlying builder-proposer architecture. Go to Source
Emerging trend could see Solana ‘seriously challenge’ Ethereum: Sygnum
Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change. Go to Source
Russian Expert Discusses End of Internet Anonymity With Passport-Based Access
A Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments follow a move by Telegram to disclose user data during rule violation investigations, reflecting a significant shift in how anonymity is handled on the web. … Read more
Solana Foundation defends decentralization amid patch coordination claims
Solana Foundation’s Dan Albert highlighted the network’s distributed block-producing nodes, arguing that coordinating a patch does not mean centralization. Go to Source
Ethereum staking services agree to 22% limit of all validators
The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization. Go to Source
DeSo offers $1M bounty for building decentralized Reddit
Developers pointed out the “monopolization of content and data” in centralized social media platforms as a need to create a decentralized alternative. Go to Source Powered by WPeMatico
Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized. Go to Source Powered by WPeMatico
Bitcoin hashrate recovers after big freeze shuts down miners
The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s. Go to Source Powered by WPeMatico
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams. … Read more
