Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions.French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April 20 which is available to only qualified institutional clients.According to observers who reviewed its smart contract BitcoinCentralizationCriticismcryptoexchangeEuroExchangesFacesStablecoin Read More
Narratives about crypto regulations and compliance, or lack thereof, are increasingly missing the point. The general purpose of financial regulation is to maximize consumer protection, prevent fraud and abuse, and ensure well-ordered markets. Broadly speaking, the mission is the same in any jurisdiction, and for any financial regulator.
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“Decentralized RPC services form the bedrock for a trustless, secure, and scalable network. The launch of DRPC will enable end-to-end decentralization for Ethereum,” explained Constantine Zaitcev, Chief Product Officer of DRPC, in a note to CryptoX.
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Uniswap's NFT Platform Shows DeFi's Reluctant Acceptance of Centralization
Original Source AcceptanceCentralizationDeFi039sNFTPlatformReluctantShowsUniswap039s Read More
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 BitcoinCentralizationConsensusDropDueEthereumExchangesIncreasedMechanismNewsPaxfulPivotTrading Read More
ConsenSys, a research and development company led by Ethereum co-founder Joe Lubin, built MetaMask to offer users a convenient way to store and trade their crypto without needing to trust centralized exchanges like Coinbase and Binance – platforms that store, or “custody,” funds on a user’s behalf.
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Since 2015, Cryptox.trade has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.
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At Ethos.io, we have long been proponents of decentralization and self-custody. In 2017, we designed a decentralized crypto wallet that garnered over 100,000 users, and were then tapped to help build the payment and blockchain rails for Voyager, a centralized crypto broker which scaled to a million users.
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In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.As part of its bankruptcy proceedings, CeFi lending giant Celsius Network BitcoinbunglingCelsiusCentralizationcryptoexchangeExchangesNetworksPrivacyprotectShowed Read More
Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge. The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements BitcoinCenterCentralizationClaimcryptoexchangeDebateEthereumExchangesLaysSEC Read More