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“# Brock Pierce: True decentralization is a way off ” U.S. presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near future. He told Celsius founder and CEO Alex Mashinsky in an hour-long #MOIP interview released earlier today that while DeFi, is headed towards…
“# Will PayPal’s crypto offer turn into a tax nightmare? ” The news that payments company PayPal will support cryptocurrencies has given the industry a major boost — but there are tax implications that are little understood by crypto noobs. PayPal users will soon be able to use digital assets as a funding source for…
“#Joe insults allies, media shrug and other commentary” Foreign desk: Joe Insults Allies, Media Shrug Joe Biden last week warned of “the rise of totalitarian regimes in the world,” including democratic Poland and Hungary — and that “half-insulting, half-clueless remark” set off a “diplomatic firestorm,” sighs Gladden Pappin at Newsweek. Yet despite the vigorous protests…
“# Shifting gears: Driving enterprise DeFi adoption through tokenization ” Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by terms such as “yield farming” and “meme tokens” —…
“# ConsenSys and Protocol Labs team up to integrate Filecoin into Ethereum’s dev tools ” Blockchain firm ConsenSys has made official a collaboration with open-source software laboratory Protocol Labs to integrate Filecoin’s marketplace for data storage with ConsenSys’ Ethereum product stack. According to the announcement, Filecoin’s miners, developers, and users of the network will be…
“# Waves sets up $3M grant fund to promote cross-chain interoperability ” The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development. The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to develop solutions…
“# CBDC as a store of value threatens financial system, says German official ” Burkhard Balz, a German politician and executive board member of the country’s central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is used upon launch. Balz emphasized that…
“# Mainstream DeFi is ‘inevitable’: US currency comptroller ” The U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just as email disrupted the postal service. In an interview during DC Fintech Week on Oct. 19, Brooks predicted a not-too-distant…
“# Kraken’s Cryptowatch ships desktop trading terminal for expert traders ” The Cryptowatch platform, a subsidiary of the Kraken exchange, announced on Tuesday the release of its desktop-based trading app. Cryptowatch is a trading terminal that aims to group most market data and exchanges under one roof. Traders using the platform are able to connect…
“#LG’s ‘rollable’ TV is on sale for the price of a luxury car” LG’s TV of the future is finally on sale — and it costs as much as a brand-new luxury sedan. The Korean electronics giant made its cutting-edge “rollable” TV available for purchase on Tuesday, more than four years after unveiling its groundbreaking…