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“# DeFi projects without decentralized governance? What’s the point? ” The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future. Sam Bankman-Fried of FTX recently shared that his…
“# Ledger users threaten legal action after hacker dumps personal data ” The hacker that breached hardware wallet provider Ledger’s marketing database earlier this year has released personal data for thousands of users, prompting many to threaten the firm with a class-action lawsuit. According to a tweet from network security firm Hudson Rock’s Alon Gal,…
“# Digital decentralization is just the beginning. The real world will follow ” Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting the insidious power grab that…
“# Russia’s central bank digital currency: Prospects and problems ” Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires…
“# The importance of decentralized oracles: Interview with Sergey Nazarov ” Chainlink co-founder Sergey Nazarov believes that increasing the decentralization and scalability of oracle technologies are key to ensure trust in the DeFi ecosystem. Oracles play a key role in the correct functioning of DeFI protocols by connecting them to real-world data. However, the trustworthiness…
“# For whom the benefits toll: Enterprise blockchain is the evolution of economic architectures ” In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called…
“# Opportunities for blockchain in police investigations ” The problem of spreading cybercrime is becoming more acute today, and developed countries with high gross domestic product rates suffer from it to a much greater extent than developing countries. This is due to the fact that the more advanced technologies are used by society, the stronger…
“# Rumored US crypto wallet restrictions: A step toward financial exclusion ” The crypto community has a saying: “Not your keys, not your coins,” which means that if you hold your crypto on a third-party custodial wallet, you don’t truly have ownership of the coins. The entity controlling the private key of the wallet ultimately…
“# DeFi community raises centralization concerns over Compound Chain ” DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability. Reactions to the news have been overwhelmingly negative with many respondents on social media taking issue with the perceived centralization concerns associated…
“# Cardano to open up to Ethereum Solidity devs with new initiative ” Solidity, a major programming language for writing smart contracts, will soon become compatible with the Cardano (ADA) blockchain. According to a Dec. 17 announcement on Cardano Developers website, Cardano devs are now opening up Cardano to the Solidity and Ethereum community through…