Ruler and Cover DeFi protocol closes down amid mass developer exit
DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders. Go to Source Powered by WPeMatico
Decentralization
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Decentralized search engine becomes default option on European Android devices
Presearch is backed by a community of node operators who process user search requests and earn rewards through the Ethereum-based PRE token. Go to Source Powered by WPeMatico
Cream Finance to repay stolen Ether and Amp via protocol fees
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back. Go to Source Powered by WPeMatico
Cream Finance DeFi platform loses $19M in a flash loan hack
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions. Go to Source Powered by WPeMatico
Proof of humanity governance will make DeFi fairer, says Harjyot Singh
Cointelegraph interviewed the tech director at Human Protocol to discuss the company’s recent developments and the potential of proof-of-humanity. Go to Source Powered by WPeMatico
Concerns around data privacy are rising, and blockchain is the solution
A decentralized future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection. Go to Source Powered by WPeMatico
Stablecoin adoption and the future of financial inclusion
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need. Go to Source Powered by WPeMatico
The perfect storm: DeFi hacks will advance the crypto sector moving forward
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.” Go to Source Powered by WPeMatico
Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky
On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a … Read more
Crypto developer will lead Twitter’s decentralized social media initiative
The new lead plans on hiring for the Bluesky team and “partnering closely with Twitter and other companies” as part of the next steps towards fulfilling the decentralized social media plan. Go to Source Powered by WPeMatico
