A truly decentralized system would decentralize authority — Cardano exec
Cardano Foundation chief technology officer Giorgio Zinetti told Cointelegraph that centralized authority is good for speed, but decentralized governance offers long-term sustainability.
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Funny money: Brooklyn 99 star launches own social currency
Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll.I have launched a social currency on the Ethereum Blockchain called $POWER! Check out this exclusive from @TechCrunch: https://t.co/JpcdIGFbEA pic.twitter.com/1YFSALQhYb— terry crews (@terrycrews) March 10, 2021 Talking to TechCrunch, Crews…
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s FTT holdings was the cause. 312 Total views 2 Total shares According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed
Bitcoin analysts agree that BTC has ‘a lot further to run’
Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.
DeFi-ing the odds: Why DeFi could rebuild trust in financial services
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, Edelman found that only 53%…
Korean crypto exchanges are now in compliance with the Travel Rule
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be restricted to user-verified wallets and a select…
PayPal CTO: Crypto Still Needs to Prove Itself to Catch On
Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.Sri Shivananda — an eBay veteran who has been in his role at PayPal since 2016 — made his remarks at the Economic Times (ET) Global Business Summit, ET reported on March…
Meta poaches staff from Microsoft and Apple for Metaverse plans
According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. 912 Total views 8 Total shares Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse.…
Why Blockchain Exchanges Are Now Using Traditional Exchange Technology
Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the old financial system — stuffy and opposed to blockchain technology and crypto.This now seems to…