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Celebrating the 5th anniversary of the EOS Network, the team behind the protocol highlighted the importance of the community as it looked back on the many challenges it had to face to revive the scalability protocol. After being launched in 2018, the EOS became known for its network’s performance and for
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Within Democratic ranks, there was always a sense of palpable frustration and gallows humor, that our political capital, as former President George W. Bush once called it, was spent putting out fires we did not create. By the time the work was done, Democrats – in our view – had
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Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans. Source
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The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash. And more recently, FTX, an exchange many thought was “too big to fail,” came crashing down.
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In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million.With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling
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Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success and balance across global systems.Geopolitical agitations, the
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Many blockchain bridges are built using weak security assumptions rendering them simply unsafe for the transfer of value. Only truly trustless systems, where the bridge operator does not have the power — nor the keys — to compromise or fabricate transactions, can solve this urgent issue for bridges and their
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In feudal Japan, the term ronin was used to describe a Japanese samurai without a master. Left alone due to the death of his lord, or loss of his privilege, a ronin was a warrior adrift, roaming at large, free from the constraints of loyalty. Expressed by two characters that
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The recent invasion of Ukraine has put the world in a state of uncertainty, turmoil and geopolitical risk. Volatility in the global financial markets has caused immense losses to millions of investors. With rising global inflation, fear of tapering liquidity, and increasing interest rates by the United States Federal Reserve,
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To function effectively, society has long depended on people having faith in their institutions. Thanks to the COVID-19 pandemic and wide-ranging failures of leadership, that faith has been tested like never before.Nowhere is the decline in trust more evident than in the financial services sector. In its 2021 Trust Barometer,
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