Web3 Development
Why Web3 will be critical to countering a dystopian ‘splinternet’
As the internet fractures into silos degraded by censorship and disinformation, DAOs and public blockchains may offer ways to restore trust.
Zara Gleasure
Lens
DeFi – Decentralized Finance
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Economic Impacts
The metaverse isn’t a fad but part of the future economy
An open and interoperable metaverse economy will drive consumer activity — and it’s on a similar track for growth as e-commerce, writes Ben Caselin of AAX.
Ben Caselin
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DeFi News
Tokenized assets can bring trillions of dollars to DeFi: JPMorgan, Onyx
JPMorgan Chase & Co. blockchain business unit Onyx aims to bring trillions of dollars in tokenized assets to decentralized finance (DeFi), Onyx head of digital assets Tyrone Lobban said at CoinDesk’s Consensus 2022 conference. See related article: JPMorgan sees upside for Bitcoin, crypto amid market downturn Fast facts “Over time, we think tokenizing U.S. Treasurys […]
Dylan Butts
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Regulation
Cryptocurrencies like ‘world of Caribbean pirates’: India chief economic adviser
India’s chief economic adviser V. Anantha Nageswaran compared cryptocurrencies to the “world of Caribbean pirates” in the absence of regulation where “winners take it all” from somebody else, local media reported. Fast facts See related article: Coinbase blames India’s central bank for exit Cryptocurrencies fail to satisfy basic requirements such as having store value, widespread […]
Pradipta Mukherjee
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Altcoins
Fantom releases upgrades to enhance speed, scalability, and decentralization
Layer 1 blockchain Fantom has unveiled upgrades to boost settlement speed and platform efficiency, the Fantom Foundation announced on Thursday. See related article: Fantom overtakes Binance Smart Chain in DeFi TVL Fast facts Fantom’s upgrades include the implementation of all London EIP-1559 changes and a new variation of the consensus mechanism called Lachesis Light Repeater, […]
Monika Ghosh
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Regulation
What does Lael Brainard’s rise in the US Federal Reserve mean for the crypto industry?
The Fed's new No. 2 is ahead of the curve in her thinking — which bodes well for crypto's future around the world, writes a former colleague of Brainard.
Brandon Neal
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Advanced Blockchain Technologies
South Korea’s Dunamu, Sooho.io to develop SWIFT-like bridge for Web3
South Korea’s smart contract auditing firm Sooho.io is partnering with Lambda256, the blockchain subsidiary of Upbit operator Dunamu, to develop a bridge layer connecting the country’s fragmented decentralized finance (DeFi) and Web 3.0 ecosystem. See related article: Two crypto exchanges reach unicorn status in South Korea Fast facts The new bridge will work as a […]
Danny Park
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Blockchain Security
Terra’s Mirror Protocol fixes exploit that drained more than US$2 million
Whether the fixing of a pricing error by Mirror Protocol, the decentralized finance (DeFi) application built on Terra Classic, will help prevent a drainage of the pool similar to last year will only be known by the end of U.S. trading hours on Tuesday. See related article: Winning back the trust of the Terra community […]
Danny Park
