The adoption of Web3 is critical to the future success of China, says the country’s former head of digital currency. Yao Qian recently published an article talking about the significance of forward-lo...
Tag: Centralized
Decentralized Identifiers To Disrupt The Monopoly Of Centralized Institutions Across The Internet
The world wide web was originally designed to be transparent, inclusive, and open to all. However, as technology progressed, the original vision was largely abandoned, leading to an overly centralized...
How Centralized Crypto Lenders Obtain High Yields for Customers
Key Takeaways Crypto lenders are applying known strategies from TradFi (Traditional Finance) to obtain attractive yields and low fees for their customers. High yields come with the potential cost of i...
A Decentralized Exchange with Centralized Benefits » NullTX
Canadian Government Makes Unprecedented Warrantless Seizure of Citizens’ Crypto Wallets On February 17, 2022, the Canadian Government announced that “The names of both individuals and entities, as wel...
A Bridge Between the Decentralized and Centralized
Our economic system has been built and run by centralized technologies (emails, APIs, CRMs, e-commerce, ERPs, SQL databases, cloud computing). It changed when decentralized technologies arrived, enabl...
Gas Fees and the Unwavering Preference for Centralized Exchanges
Advertisement     Before decentralization, centralized exchanges (CEXs) were the only option to buy and sell digital assets. That’s to say that CEXs played a significa...
Centralized Exchanges Can’t Protect Customers From Government, Says Kraken CEO
The CEO of Kraken, Jesse Powell, has stated that centralized crypto exchanges might be forced to comply with orders if law enforcement should ask that some digital assets be frozen. This was in reply...
Kraken CEO Advises Crypto Users To Ditch Centralized Exchanges
The protests in Canada and the subsequent turn to cryptocurrencies to fund protesters continue to rage on. Prime Minister Justin Trudeau recently evoked the Canada Emergencies, which has had serious r...
Kraken CEO Warns Users to “Get Your Coins Out” of Centralized Exchanges
Key Takeaways Kraken CEO Jesse Powell has criticized the Canadian government for seizing funds from Freedom Convoy protestor’s bank accounts. Powell told users on Twitter to “get your coins out”...
BYTNODE Aims To Mimic A Traditional Centralized Hedge Fund
Bytnode provides an alternative to the existing global monetary system’s dubious financial policies. Moreover, the fund paves the door for the re-establishment of equal token flow distribution through...
Web 3.0 Is Slowly Consuming Centralized Ecosystems; Which Decentralized Tokens Will Take the Day?
Web 3.0 is set to usher in the next generation of the internet, an era where platforms will be community-driven instead of being governed by centralized intermediaries. Though still in its early devel...
Bitfinex withdraws from Ontario amid major push against centralized exchanges
advertisement On January 14, Bitfinex announced that it will close user accounts in Ontario at the beginning of March. In its announcement, the exchange wrote: “Starting on March 1, 2022, Ontari...
Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms – Interview Bitcoin News
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again...
Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments
Outflows do not necessarily imply passive investing and investors often tokenize coins drained from centralized exchanges on the Ethereum blockchain to earn extra yield. The number of wrapped bitcoin ...