DeFi isn’t dead, it just needs to fix these 3 critical problems

The Port of Rotterdam's Innovation Dock has been testing a high frequency decentralized energy market for renewables since August 2020. The Port of Rotterdam's blockchain subsidiary, Blocklab, has been trialing a decentralized electricity trading system to help lower costs and optimize the use of renewables on its microgrid.The system, called Distro, has been jointly developed…

The Enterprise Ethereum Alliance (EEA) is opening a regional office in China, according to a press release shared with Cointelegraph on Feb. 14.According to the press release, Weijia Zhang, vice president of engineering at blockchain interoperability startup Wanchain, has been appointed as the head for the new regional office. Zhang will reportedly be responsible “for…

"I have nothing to do with the platform," said Lee Hsien Loong. "It is misleading and done without my permission." 951 Total views 11 Total shares Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In…

Two different books published under Satoshi Nakamoto’s name have recently appeared on Amazon.According to Amazon, both of the books — Wave and Ripple Design Book and The Official Bitcoin Coloring Book — are scheduled for release on June 28. The profile of the author makes it clear that he indeed claims to be the same…

Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology.The measure, as reported by Cointelegraph Italia on March 12, seeks to make the entire process of issuance and traceability transparent, but above all, to solve a long-standing problem in the country: fake diplomas.The mentioned schools are…

Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of…

Blockchain software consortium R3 revealed that it is developing a blockchain platform in Brazil with banks Bradesco, Itau and B3, Cointelegraph Brazil reported on June 12.The R3 Consortium — which is composed of large banks and technology companies — announced during the CIAB Febraban event in São Paulo that it is currently collaborating with Brazilian…

The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law. 984 Total views 43 Total shares South Korea’s Ministry of Economy and Finance is preparing an amendment to apply to the nation’s Income Tax Law. This could include rules for profitable sales of cryptocurrencies as…

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world where Facebook is replaced by…