Blockchain networks will stop crypto deepfake scams

Blockchain networks will stop crypto deepfake scams

Centralized deepfake detectors are failing against crypto scams. Blockchain-based detection networks offer the only scalable defense against AI fraud. Opinion by: Ken Miyachi, founder of BitMind Centralized deepfake detectors are structurally misaligned, brittle and falling behind. The crypto industry needs a crypto-native defense — decentralized detection networks that reward many independent model providers for catching…

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World Mobile launches drone-based, decentralized telecom project

World Mobile launches drone-based, decentralized telecom project

The decentralized telecommunication project uses unmanned aerial drones in the stratosphere to provide wireless services to users. World Mobile is launching a blockchain-enabled 5G network using drones to beam connectivity directly to users worldwide. The company partnered with Indonesian telecom firm Protelindo to create World Mobile Stratospheric, an initiative designed to bridge gaps left by…

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Arcadia Finance users reimbursed by DeFi hack insurance

Arcadia Finance users reimbursed by DeFi hack insurance

Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Crypto-native insurance service Nexus Mutual reimbursed its customers who had lost money in the recent Arcadia Finance hack. According to a Monday announcement shared with Cointelegraph, Nexus Mutual reimbursed approximately $250,000 to users who lost…

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Fees, collateral give DeFi edge as TradFi eyes crypto loans — 1inch exec

Fees, collateral give DeFi edge as TradFi eyes crypto loans — 1inch exec

1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. As traditional finance (TradFi) eyes the crypto lending market, community members gave their takes on how decentralized finance (DeFi) lending protocols can compete with what mainstream financial institutions bring…

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Crypto needs minimum viable decentralization to guide performance-focused infrastructure

Crypto needs minimum viable decentralization to guide performance-focused infrastructure

DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi. Opinion by: Doug Colkitt, a founding contributor at Fogo  To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has…

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