Polkadot’s DeFi ecosystem is expanding, but will its interoperability prove to be the Ethereum-killer? The Polkadot blockchain platform only launched its mainnet in May, but it is already pushing to become a major competitive force in the sector. In late August, following a DOT token redenomination, Polkadot smashed into the top 10 cryptocurrencies, overtaking established […]
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A fresh record for BTC price action on U.S. election day means that $100,000 could now form a price target, historical data suggests. Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next. As voting in the United States’ presidential election ended on […]
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Buterin asks whether crypto prediction markets reflect the wisdom of the crowd or are skewed by illiquidity and the political bias of their social base. On the eve of the United States presidential election, most mainstream polls are pointing to a highly likely Joe Biden victory, though this isn’t reflected in crypto prediction markets. For […]
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The crypto-friendly social media platform keeps its pro-Bitcoin CEO. Twitter CEO and major Bitcoin (BTC) bull Jack Dorsey will keep his role at the company, according to a recent decision by a Twitter board committee. As Bloomberg reported on Nov. 2, the committee officially reviewed Twitter’s leadership as part of a March 2020 agreement with activist investor Elliott […]
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“We believe voting should be safe and accessible to everyone, everywhere,” said Ripple. Blockchain-based payments firm Ripple has joined a non-partisan group of companies working to ensure access to fair voting in the United States. According to a Nov. 2 tweet from Ripple, CEO Brad Garlinghouse has joined Twitter CEO Jack Dorsey and PayPal CEO […]
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The age-old question quis custodiet ipsos custodes crops up in force in today’s Law Decoded. The United States is girding its loins for an election that has cast a pall over a far longer timeframe than we ever should have let it. But, then again, what did you expect when so many people spent so […]
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That being said, scaling decentralized e-voting systems is a complex task. In an interview with Cointelegraph, Charles Hoskinson suggested that a Cardano-based solution might make blockchain voting possible for future national elections. He stated: “Not only do I believe — we’ve been building the infrastructure for that.” Hoskinson acknowledged that the road to Cardano-based elections would be […]
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Top holders control vast amounts of supply. A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with strong venture capital roots — remain […]
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The Uniswap community is voting on its second-ever governance proposal to distribute 5 million governance tokens to users who interacted with the DEX via a third-party platform. The second-ever governance proposal for the Uniswap decentralized exchange (DEX) is more than halfway to reaching a quorum with a little over 30 hours to go. If passed, […]
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A relatively benign attack highlighted the potential threat of flash loans. The MakerDAO (MKR) community is urgently implementing measures to prevent voting manipulation through flash loans. This was precipitated by what is likely the first instance of the feature being used to influence a DeFi governance vote on Oct. 26. According to a post published […]
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