Cryptocurrency Analysis and News Portal
The success of the GameStop short squeeze in pumping the price above $370— and the reaction from centralized authorities and markets to it — has highlighted the need for decentralized finance, according to some in the crypto industry.The stock, which was trading at less than $20 per share earlier this
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Bitcoin Core lead maintainer Wladimir van der Laan has decided to take “even more” of a “background role” for the sake of further decentralizing the project, according to a new blog post. Bitcoin Core is the key software underpinning the Bitcoin network. While van der Laan’s work is mostly “janitorial” in
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The Free TON project, a community-led software fork of Telegram’s ultimately ill-fated attempt at launching a blockchain, announced on Tuesday the launch of the project’s effective mainnet.The network had originally launched in May 2020, building on Telegram’s code base but otherwise showing no association with the communications company and related
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The World Wide Web has revolutionized human communication, but it’s under threat.We at Brave think this distributed and interlinked information system is unique among platforms for many reasons: Its design and direction aren’t controlled by any one organization. Its pages and applications are modifiable by users (e.g., extensions, ad/tracker blocking,
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A New York law firm is trying to test blockchain projects’ decentralization claims against their perhaps not-quite-so-distributed realities.Called the “Ketsal Open Standards” rubric, the toolkit, developed by the Ketsal law firm and revealed exclusively to CryptoX, proposes using hard, measurable data points to either bolster or burst a blockchain’s decentralized
Read More2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to shut down their local economies, with people having to shelter in place in order
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Blockchain as a technology is now over a decade old. The birth of the technology in the form of Bitcoin occurred as a counterculture financial movement to decentralize control of the financial system to individuals rather than institutions. Seismic shifts have occurred in the development of the technology since Satoshi Nakamoto’s
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Aave has emerged as a top DeFi protocol with $1.5B locked in its smart contracts. It has also become the first DeFi project to reach a $1B market cap and receive an Electronic Money Institution license from the United Kingdom Financial Conduct Authority.Aave recently launched its Aavenomics proposal to reward
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The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar.Top US Banking Regulator Is Pro-CryptoBrian Brooks recently became the new acting
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Blockchain co-inventor, Scott Stornetta discusses why Satoshi’s Bitcoin (BTC) design diverted from his implementation of blockchain.In our previous articles, we described Stornetta’s views on Satoshi’s background and the philosophical evidence of why Stornetta could have been Satoshi. Now, we focus on an important design difference between the original blockchain that
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