DAI Is Moving Beyond Ether, But DeFi Isn’t Decentralized Just Yet

Scroll, a layer 2 scaling solution to the Ethereum blockchain, appears to have launched its main network, according to blockchain data.Led by co-founder Sandy Peng, Scroll has been building a so-called ZK rollup – a layer-2 network built using zero-knowledge cryptography – that is compatible with the Ethereum Virtual Machine computing environment, or EVM. The

Aug 18, 2020 at 08:00 UTCBinance’s charity arm is donating to the victims of the Aug. 4 explosion that rocked the city of Beirut, Lebanon’s capital. Binance's Beirut Relief Fund campaign has committed $20,000 in donations to the victims of a devastating explosion that claimed the lives of over 150 people and injured 5,000 more.Binance…

feature Open Money Initiative (OMI) co-founder and Venezuelan expat Alejandro Machado wants to help his homeland while remaining realistic about bitcoin. The truth is, Venezuelans haven’t abandoned the inflation-riddled bolivar as quickly as he expected, namely because it is so difficult to use digital currencies inside Venezuela’s borders. “No one wants [the bolivar] but people…

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.“If crypto is the design of the next financial…

Kenya has been consulting with bitcoin mining company Marathon Digital Holdings to hear its thoughts on energy and its crypto regime.The African nation depends on renewable energy, which is seasonal and capital-intensive.08:52Marathon Digital CEO: We're Bullish on Bitcoin07:01Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa05:10Mara Raises $23M From Coinbase, Alameda to Spread

Sep 10, 2020 at 10:40 UTC(BigTunaOnline/Shutterstock)YouTube Ignored Warnings About XRP ‘Giveaway’ Scams, Ripple SaysRipple has disputed YouTube’s claims that it knew nothing about the XRP “giveaway” scams, accusing the platform of “willful blindness” after being alerted hundreds of times. Ripple took action against YouTube in April, holding the platform responsible for the multiple videos that…

Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created…

Mar 20, 2020 at 19:05 UTCUpdated Mar 20, 2020 at 19:16 UTCAn off-the-cuff conversation about state power, nuance in an age of tribalism and where bitcoin meets politics, with Peter McCormack. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox,…

It costs a lot to swap assets on Ethereum. Curve Finance is building a version on Polkadot to enable a multi-chain future.Feb 9, 2021 at 5:00 p.m. UTCUpdated Feb 9, 2021 at 5:12 p.m. UTCDeFi’s Curve Finance Is Branching Out to PolkadotCurve Finance is making its way to another blockchain – Polkadot.The decentralized finance (DeFi)…