Decentralization news-Page 58
Unstoppable Domains’ .crypto websites now available via Brave browser
Major privacy-focused browser Brave is the latest browser to integrate support for decentralized domains by blockchain domain name provider Unstoppable Domains. Brave announced Thursday that its browser now provides native support for the crypto domain name company, allowing users to seamlessly access ".crypto" domains via desktop and Android applications. The new feature unlocks access to 30,000 decentralized websites and more than 700,000 blockchain domain names registered with Unstoppable Domains. Through the integration, the Brave browser is supporting a decentralized network not relying on the traditional Domain Name System, which is often associated with privacy issues and other risks like hijacking, …
Decentralization / May 13, 2021
How did Internet Computer (ICP) become a top-10 cryptocurrency overnight?
Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at a peak of roughly $407. The huge price differences across multiple cryptocurrency exchanges showed a berserk trading sentiment in the Internet Computer market, landing ICP in the list of top 10 cryptocurrencies by market capitalization, surpassing even veterans such as XRP, Dogecoin (DOGE) and Cardano (ADA), and reaching as high as the fourth spot. Major price corrections followed on profit-taking sentiment. Entering the …
Decentralization / May 12, 2021
Cross-chain protocol brings together liquidity sources from multiple networks
A cross-chain aggregation protocol allows crypto enthusiasts to access liquidity sources from multiple networks on one platform — making it easier than ever to find the best prices. O3 Swap says its goal is to help users discover the most efficient routes for their trades, and complete transactions without limitations and hidden fees. Just some of the liquidity sources it supports include Uniswap, SushiSwap and Curve on the Ethereum blockchain; PancakeSwap, DODO and BakerySwap on Binance Smart Chain; as well as Flamingo, Nash and Switcheo on Neo. All of this ensures that multi-chain assets can be freely exchanged, and different …
Decentralization / May 11, 2021
GameStop inadvertently paves the way for decentralized finance
Every significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. If we look at the past few years, we can notice that events around Bitcoin (BTC), the Black Lives Matter movement, climate change and GameStop — to name a few — are individual vectors of the same movement that highlights the need to refine inefficiencies of current systems and drives solutions led by an aggregation of individuals with a collective belief. This follows the recent events in which certain users were unable to access platforms such as Reddit, Parler and …
Decentralization / May 9, 2021
Blockchain tech has a solution to secure your email
The global COVID-19 pandemic has definitely created a clear delineation of remote work: The reliability of a company lies in its email service provider for all forms of communication. Let’s start with the origin of email. Email has been around for more than 50 years and is a formal channel of communication across the world. With more than 3 billion users, it is the most widely used and instantaneous form of communication. The first example of email can be found on computers at MIT in a program called “MAILBOX,” dating all the way back to the 1960s. However, it was …
Decentralization / May 8, 2021
Watch out Amazon Web Services: Decentralized rival launches testnet
A decentralized cloud computing network that aims to make the world’s technological resources cheaper and more accessible has launched its private testnet. Cudos says its infrastructure means laptops, smartphones and company servers that may otherwise lie idle can contribute to exciting projects including DeFi, scientific research, data analytics, artificial intelligence and video rendering — advancing human knowledge. The project is a layer-one blockchain and layer-two computation and oracle network. It says centralized cloud computing providers attract high costs and waste, and a growing need has formed for decentralized alternatives. Because of this, it aims to deliver permissionless access to high-performance …
Decentralization / May 7, 2021
Blockchain celebrates first anniversary with series of engaging contests
Champagne corks are flying as a blockchain network with decentralization at its heart celebrates its first anniversary. Free TON is holding a series of contests to mark its launch date on May 7, 2020 — and has invited passionate community members and newcomers to come together to build something special. As events are held online and offline to reflect on the past 12 months, one sub-governance group is encouraging artistically minded crypto enthusiasts to help design some of the first NFTs to be minted on this blockchain. Known as Numiz, these NFTs are designed to commemorate interesting events and historic …
Decentralization / May 6, 2021
Coinbase crypto exchange to close San Francisco headquarters in 2022
Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing its head offices in San Francisco. Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote first.” “We’ve committed to having no HQ, and it’s important to show our decentralized workforce that no one location is [more] important than the another,” Coinbase noted. According to the company, the upcoming closure will be an important step in ensuring that no office becomes an unofficial headquarters. “Instead, we will offer a network of smaller offices for …
Decentralization / May 6, 2021
WallStreetBets combats market manipulation using blockchain
WallStreetBets, the Reddit-based grassroots movement that achieved notoriety for short-squeezing hyper-leveraged financial firms, has launched a new blockchain-based application aimed at combating market manipulation in traditional finance. The group announced the creation of WallStreetBets Exchange Traded Portfolios, or ETPs, that can provide investors with broad exposure to various assets in a completely decentralized manner. The group explained: “WallStreetBets ETPs may serve as an alternative to kind of the market manipulation by opaque and politically connected banks and hedge funds.” The product is powered by a decentralized autonomous organization, or DAO, which means portfolio rebalancing is the sole domain of community …
Decentralization / May 5, 2021
New exchange offers liquidity mining ahead of key features launching
A high-frequency trading company has launched liquidity mining for holders of its native token. The new service is hosted on Uniswap, meaning users can still take advantage of the familiar, simple interface that this decentralized exchange provides. Black Ocean’s CEO, Andrei Grachev, says this feature gives users a chance to provide liquidity to decentralized markets — unlocking a wealth of new opportunities. Co-founder Vladimir Demin added: “Liquidity mining for FLy is a very important step on the development roadmap. As the FLy ecosystem is growing, we wish to give more benefits for early contributors. We also believe that taking a …
Decentralization / May 5, 2021
Decentralized trading platform integrates Chainlink to deliver real-time prices on Polygon
A DeFi platform says its decentralized approach to leveraged trading offers crucial advantages over centralized rivals. Gains.farm says it offers real-time prices and lightning-fast transactions — and boasts a network of five Chainlink nodes that delivers up-to-date information from seven trusted data sources, with results that are aggregated by taking the median two times. This approach has delivered users an all-important upper hand during the recent bout of volatility that shook the crypto markets, which saw the values of Bitcoin and Ether fall dramatically within a few hours. Gains.farm claims its platform was one of the few protocols that delivered …
Decentralization / May 4, 2021
Meet the blockchain that could save the global trade sector billions
A decentralized communication hub is delivering DeFi for digital supply chains — eliminating the time consuming and complex processes that are associated with keeping businesses running smoothly and safely. Obortech is creating infrastructure known as the Smart Hub, allowing key players at every point of a supply chain to share information and collaborate through easy-to-use mobile and web interfaces. All of this can help deliver efficiencies that are crucial for companies running on razor-thin profit margins, and deliver verifiable product traceability from end to end. This cutting-edge approach means that documents can be exchanged through a tamperproof, joined-up system. Smart …
Decentralization / May 4, 2021