Cosmos Hub greenlights ATOM inflation cut for security boost
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem. Go to Source
Decentralization
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Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO. Go to Source
Yearn.Finance token tumbles 43%, community speculates on exit scam
Yearn.Finance’s YFI token crashed over 43% in just five hours, after rallying almost 170% in November. Go to Source
Ethereum L2 Starknet aims to decentralize core components of its scaling network
Starknet has laid out its roadmap to begin decentralizing core components of its Ethereum L2 scaling network to defend against censorship and improve robustness. Go to Source
Microsoft, Tencent and other tech giants join Decentralized Infura Network
Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant. Go to Source
Web3 social media to disrupt a $100B market: Pop Social joins Cointelegraph Accelerator
Web3 social media dApp Pop Social becomes the newest member of the Cointelegraph Accelerator program. Go to Source
‘107,000 GPUs on the waitlist’ — io.net beta launch attracts data centers, GPU clusters
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform. Go to Source
Moody’s unveils service that uses AI to predict stablecoin depeggings
Moody’s Analytics will use machine learning and a host of indicators to compile and analyze large-cap stablecoins and identify probable depeggings. Go to Source
Aave pauses several markets after reports of feature issue
The pause affects multiple markets, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition, certain assets on Polygon, Arbitrum, and Optimism have been frozen. Go to Source
Help or hindrance: Is Web3 really improving mainstream industry and products?
Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success. Go to Source