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As the smoke starts to clear around the massive crater left by the FTX disaster, Ethereum co-founder Vitalik Buterin has shared his thoughts on the ether community’s view of centralization. In related news, CME Group CEO Terry Duffy recalls in March when he called former FTX boss Sam Bankman-Fried an “absolute fraud.” Implosions notwithstanding, Coinbase … Read more
Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology. Go to Source Powered by WPeMatico
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators … Read more
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system. Go to Source Powered by WPeMatico
The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools away from current financial institutions, it just provides an ‘illusion’ of doing so. The organization argues that there is some kind of centralization around governance … Read more
A feature-rich DEX hopes to lure traders in with new tools and liquidity via Binance. Go to Source Powered by WPeMatico
Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power Go to Source Powered by WPeMatico
Dharma’s Uniswap governance proposal risks giving it too much power, according to critics in the community. Go to Source Powered by WPeMatico
There are hundreds of cryptocurrency exchanges, brokers, and trading platforms. Not all of these companies have a good reputation in this industry. One company getting a lot of backlash is HitBTC. More HitBTC Complaints to add to the List Although the company is providing perfectly legitimate services, customers are often complaining. The latest round of … Read more
Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many … Read more
