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“# Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors ” With the rise of various meme-coins over the last year or so, a whole host of decentralized exchanges (DEXs) have continued to emerge and accrue massive sums of liquidity seemingly overnight. As a result, a number of security firms have started to call…
“# China’s central bank says crypto gave impetus to the creation of its CBDC ” Much attention has been paid to the global, geopolitical implications of China’s rapid and pioneering development of its digital yuan, also provisionally known as e-CNY. Yet in a new white paper published by the Working Group on E-CNY Research and…
“#Bolivian parents go back to class to help their kids study online” EL ALTO, Bolivia, July 14 – When the outbreak of COVID-19 shut their sons’ school, Bolivian street vendors Angela Poma and Lorenzo Gutierrez made big changes to help their boys Willy, 9 and Carlos, 11, adjust to online learning. The shift online required…
“# Fruits of the land: Blockchain traceability gives farmers a competitive advantage ” The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, f the United States in 2018. The report further noted…
“# Australian digital finance industry wants to legally recognize DAOs ” Specialists and lawyers focused on decentralized finance (DeFi) are launching an initiative to create a new type of legal entity in Australia representing decentralized autonomous organizations (DAOs). The country’s Digital Law Association and global law firm Herbert Smith Freehills are lobbying an Australian Senate…
“# Kenyan electoral commission nominee clamors for blockchain voting ” Justus Abonyo, former chair of Kenya’s Social Democratic Party, and current candidate for commissioner of the country’s Independent Electoral and Boundaries Commission (IEBC), has called for the adoption of blockchain voting. According to a report by Kenyan news outlet The Star, Abonyo made this appeal…
“# Bitcoin network node count sets new all-time high ” The number of reachable Bitcoin network nodes has crossed the 13,000 mark for the first time. As previously reported by Cointelegraph, the previous all-time high was 11,613 achieved back in January. According to data from Bitcoin network statistics dashboard Bitnodes.io, this milestone was reached back…
“# Bondly Finance urges users to stop trading following alleged exploit ” Decentralized e-commerce platform Bondly Finance is the latest decentralized finance (DeFi) platform to suffer an alleged exploit. The developer team advised the DeFi community to stop trading Bondly, the platform’s native token, following a suspected exploit on July 15. Bondly Finance has yet…
“# DOGE attack: Co-founder slams crypto as ‘right-wing hyper-capitalist’ tech ” The co-founder of the memecoin DOGE, Jackson Palmer, has slammed the entire crypto industry and its investors in a vitriol-laden Twitter thread on Wednesday. Palmer, who created the wildly popular coin as a joke in 2013, unleashed his tirade in a lengthy thread about…
“# Fed Chair says stablecoins need stricter regulation, speaks on CBDC ” Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most valuable stablecoin, by Rep. Anthony Gonzalez (R-OH). Tether claimed each…