Full decentralization will happen in a few years — Layer-2 rollup teams
Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon. Go to Source
Decentralization
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HectorDAO files for Chapter 15 bankruptcy in the US
The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses. Go to Source
AI computing protocol attracts $158M within a week after ‘fair launch’
Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave’s founder. Go to Source
Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency. Go to Source
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Go to Source
PancakeSwap integrates Zyfi for gas-free DeFi trading
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges. Go to Source
Perpetual futures on Telegram: Storm Trade joins Cointelegraph Accelerator
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program. Go to Source
Zone launches PoS gateway with instant settlements
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution. Go to Source
Chainlink co-founder notes importance of oracle networks following NYSE glitch
Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems. Go to Source
MotoGP’s Gresini racing goes crypto with new fan sponsorship program
MotoGP race team Gresini Racing is embracing elements of decentralized ownership through a new program allowing fans to purchase personal team sponsorship packages. Go to Source
