Brantly Millegan has mostly avoided accountability. What does that say about decentralized voting systems? Source
ENS and the Limitations of DAO Governance
Day: March 7, 2022
🔴Crypto News India Today🚫Russia Big Pump Cryptocurrency⚠️अब बड़ी गिराबट नही आएगी Crypto Market Crash
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Bitcoin mantiene su soporte por encima de $35K-$37K, con una resistencia de $45K
El índice de fuerza relativa (RSI, por sus siglas en inglés) en el gráfico de cuatro horas está subiendo desde niveles de sobreventa, un fenómeno similar al ocurrido durante la última semana de febrero, que precedió a un salto del precio. Aun así, el RSI puede permanecer en territorio de sobreventa durante unos días antes de confirmar una subida (normalmente con una lectura por encima de 50). Original
European Parliament will hold vote on crypto bill without PoW provision
The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining. In a Monday Twitter thread, European Parliament Committee on Economics and Monetary Affairs member Stefan Berger said the committee will vote on the Markets in Crypto Assets, or MiCA, framework on March 14 following the submission of a final draft of the bill. As the rapporteur — the person appointed to report on proceedings related to the bill — Berger said the legislation will no longer include…
Coinbase Touts Blacklist of 25K Russia-Linked Addresses Allegedly Tied to Illicit Activity
That figure accounts for years of sanctions and compliance efforts against Russian bad actors. In other words, it is not specific to the war in Ukraine. Coinbase said it has not seen a surge in illicit activity following Russia’s invasion of Ukraine, Grewal said. Source
Kiyosaki Says ‘Buy Bitcoin and Forget About It’
The price of Bitcoin fell 3.8% on Saturday and Sunday, reaching a low point in the day at $38,000. However, over 24 hours since then, it has increased to around 39,000 dollars while Ethereum’s value decrease was 4.5%. Other top ten cryptocurrencies like XRP and LUNA decreased by 2% and 6.8%, respectively. The total capitalization of the crypto market decreased by 3.8%, to $1.71 trillion, according to CoinMarketCap. Bitcoin’s dominance index sunk lower, from 42.9% to 42.3% over this past weekend. Related Reading | Bitcoin Drops Below $39,000 As Crypto…
Crypto Exchange Binance To Launch New Payments Technology Platform
Leading cryptocurrency exchange Binance is announcing the launch of a new payments technology company called Bifinity. According to a new announcement, Bifinity will also serve as Binance’s official fiat-to-crypto payments provider. Bifinity has a strategic partnership with EQONEX Limited, the first digital asset firm with an exchange to be publicly listed in the US. “Under the terms of the strategic partnership, Bifinity will advance a US$36 million convertible loan to EQONEX and will work together to maximize business synergies created by this new strategic relationship and capitalize on opportunities to cooperate…
Santander Launches Loans Backed by Tokenized Commodities Such as Soy and Corn
Once the loan is approved, tokens will be sent to an escrow, which is a third-party smart contract, until the credit is repaid with fiat or tokens, Scaliter said. If a farmer repays the loan with tokens, Santander will automatically convert them to Argentine pesos on the Agrotoken platform, Scaliter said. Source
Earn 20% APY on Stablecoins? That’s What Anchor Protocol Promises
On Feb. 10, Terra tweeted that it would inject $450 million into its official DeFi platform, Anchor Protocol. The announcement comes almost a year since Terraform Labs Foundation injected approximately $70 million into the project. While Anchor looks similar to most other lending protocols, it’s high APY for stablecoins—always around 20%—makes it stand out. In this article, we’ll look at how Anchor Protocol works and how it achieves such high returns. How Does Anchor Protocol Work Anchor Protocol has three main strengths: Simplicity: Deposit UST into Anchor Protocol and receive…
Learn the basics of DAOs and how they work
In the latest Cryptopedia episode, viewers can get a succinct and informative overview of decentralized autonomous organizations, or DAOs. Cointelegraph’s Jackson DuMont believes DAOs have the power to “completely transform how work and social collaboration are organized.” What makes this type of organization both decentralized and autonomous? The answer is smart contracts on the blockchain. Fundamentally, a DAO runs on the lines of computer code written on smart contracts that anyone can interacted with in the same way. DuMont described the three major steps necessary to launch a DAO. The…