What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make

As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized collateral assets in Maker (MKR). The concept of decentralization underpins the entire existence of crypto, serving as a core ideology. Historically, decentralization has clashed with the need to be pragmatic in creating useful products. An example of that is the 2016 DAO hack that led to the split between Ethereum and Ethereum Classic. The controversy swung between the idealistic concept…

Ethereum (ETH) Gains Momentum Ahead of โ€˜ETH 2.0โ€™ Upgrade

The crypto space has been quite volatile over the past weeks, but holders of Ethereum (ETH) are, no doubt, quite pleased with the latest turn of events. Ether, the actual cryptocurrency of the network, has recorded its biggest jump in 20 days, and it seems likely that there is going to be a lot of excitement about the token in the coming hours. Experts believe that confidence over the Ethereum platform is growing steadily, and that could well be one of the reasons for the gains recorded by ETH over…

HOW TO INVEST IN BLOCKCHAIN

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Investing in the blockchain technology is different than investing in cryptocurrencies. The technology will probably be an important part of our future and that is … โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Bitcoin Spikes by 2x in 26 Days: Whatโ€™s Actually Behind the Big Rally?

The Bitcoin price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. Here are three main factors that likely contributed to it. The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it. The three factors are a significant surge in spot buys, a massively overextended plunge below $4,000, and the immediate recovery of BTC…

BlockConf DIGITAL Announces Epic 48-hours Online Blockchain Conference

BlockConf DIGITAL is going live online for 48-hours non-stop with some 200+ speakers, 100+ investors, industry experts and researchers who will attend the event to exchange ideas and share their thoughts on the industry trends and future. The event kicks off May 14th at 9:00 GMT+8 and welcomes all the attendees for 48 hours continuously. โ€œWe are very excited to see the transformation and how fast the conference market is adapting to the new scenario. BlockConf DIGITAL is our 2 cents to join that trend and also going further with…

Crypto Payment Network Partners With ID Screening Service

Cryptocurrency network TemTum is partnering with identity verification service Shufti Pro to provide Anti-Money Laundering (AML) and Know Your Customer (KYC) screening services for its customers. As part of the partnership announced on April 7, Shufti Pro will verify TemTum clientsโ€™ย  KYC data including date of birth, addresses, names, document numbers, document issue dates and expiration dates. EUโ€™s 5th Anti-Money Laundering Initiative Compliance The partnership follows the adoption of the European Unionโ€™s Fifth Anti-Money Laundering Initiative (5AMLD), which introduces new and, in some cases, tightened KYC measures on financial platforms…

Crypto Conference Attendees Prepare to Enter a 3D Virtual World

Blockchain and cryptocurrency enthusiasts have found new ways to come together amid the global coronavirus lockdown. A crypto conference called BlockDown 2020 is scheduled to take place in the virtual realm this month, with big name personalities from the blockchain community set to appear as digital 3D avatars. Notable attendees on the docket include Binance founder and CEO Changpeng Zhao, Stellar co-founder Jed McCaleb, and NEO founder Da Hongfei. Also appearing will be Roger Ver, executive chairman of Bitcoin.com, and Erik Voorhees, CEO and founder of Shapeshift. Musician-turned-crypto-innovator Akon will…