Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems. Decentralized finance has become one of the hot topics in crypto this year. Although activity and volume in the DeFi space still lag behind its popularity, this is starting to change as novel protocols become available. […]
Continue Reading
The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax […]
Continue Reading
As 336 BTC get stolen from crypto-friendly bank Cashaa, there is still no clear explanation for what happened. On July 11, fraudsters hacked into digital payment platform Cashaa’s over-the-counter desk, which serves Indian customers, and stole 336 Bitcoin (BTC), worth approximately $3.1million. Although Cashaa stated that there have been no users affected by this hack, […]
Continue Reading
The growing utilization of Chainlink oracles in DeFi protocols has seen LINK’s token price rise considerably, but is a significant decline looming? Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date. In July alone, the now ninth-largest crypto by market cap has gained close to 80%, with blockchain […]
Continue Reading
The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. […]
Continue Reading
The exchange also plans to launch additional trading pairs in the near future. OKEx has listed the native token of Polkadot (DOT) on its trading platform. According to an announcement shared with Cointelegraph on July 17, DOT spot trading against Tether’s USDT stablecoin on OKEx started at 8:00 AM UTC today. As Cointelegraph recently reported, […]
Continue Reading
Russia’s blockchain vote was the largest DLT-powered experiment in the country, but whether it went well or not is another matter. From June 25 to July 1, the Russian government held a public vote with the goal of finding out whether the country’s constitution should be amended. Part of the vote was held on blockchain […]
Continue Reading
Self-healing blockchains are the only way to create a truly decentralized world within the decade. The world is eagerly waiting for a next-generation, high-performance, permissionless blockchain, and this blockchain should be able to industrially scale all decentralized applications. So far, the crypto community has witnessed: Peer-to-peer blockchain networks that use all the peers to validate […]
Continue Reading
Yield farming is driving a boom in DApp and DeFi use, but user experience improvements will be key for future adoption in the next five years. From CryptoKitties to Compound, decentralized applications and decentralized finance have become increasingly popular in the blockchain space, but the sector has gone through a fair share of teething problems […]
Continue Reading
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy. Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice […]
Continue Reading