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Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) … Read more
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Go to Source Powered by WPeMatico
A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy. Go to Source Powered by WPeMatico
“Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all,” a core team member wrote. Go to Source Powered by WPeMatico
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models. Go to Source Powered by WPeMatico
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from a state-issued digital ruble. Cryptoruble to Give Russian Companies Another Option … Read more
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week. Go to Source Powered by WPeMatico
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. Go to Source Powered by WPeMatico
While revealing the protocol’s inability to comply with regulators, Christensen suggested that “we must choose the path of decentralization.” Go to Source Powered by WPeMatico
Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal. Go to Source Powered by WPeMatico
