Though the hearing did not focus on solutions, open source looks like a real way of addressing the committee’s concerns about transparency and accountability. In a hearing before the Senate Commerce Committee on Friday, the CEOs of Facebook, Twitter and Google’s parent company, Alphabet, faced a veritable firing squad in what has become bipartisan hatred based […]
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Blockchain allegedly eliminates the need for trust — but how far is this notion actually true, or helpful? Crypto community members will likely be familiar with mantras such as “Don’t trust, verify!” or the “law of code.” Both refer to the promises of greater transparency and audibility and to a technology that offers to replace fallible, […]
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Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a “service” to North Korean officials Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People’s Republic of Korea, filed a motion on Thursday to dismiss the charge against […]
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Decentralized ecosystems still need a way to deal with nefarious files. The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process: “Let’s say […]
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The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash. Blockchain software firm Blockstack PBC announced that it will be changing its name to “Hiro Systems PBC.” Muneeb Ali, co-founder and CEO of Blockstack, told Cointelegraph that the team plans to focus on a narrower set of priorities once the stacks 2.0 […]
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Enterprise DeFi use could see a rise in 2021, but only if tokenization standards catch on with the mainstream. Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by […]
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One desktop app, many exchanges. The Cryptowatch platform, a subsidiary of the Kraken exchange, announced on Tuesday the release of its desktop-based trading app. Cryptowatch is a trading terminal that aims to group most market data and exchanges under one roof. Traders using the platform are able to connect their accounts across many popular exchanges […]
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Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold. The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly 1% short of the 40 million […]
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It’s not a scarce resource like nuclear power, whose proliferation is more easily suppressed. Corey Petty, a chief security officer at Status messenger, told Cointelegraph that he believes there is no way to marry end-to-end encryption with the type of backdoor access law enforcement agencies continue to lobby for. He also believes that any prohibitive […]
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With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project. For those active in the decentralized finance arena, hardly a day goes by without a report of one project or another “exit scamming” its investors. From rug-pulling to fake presales, DeFi experts and novice traders […]
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