What is a decentralized VPN — and should I use one?
Decentralized VPNs are private networks that don’t rely on provider-owned servers. What does this mean for the average user? Keep reading to find out......»»
DeFi Protocol Cream Finance Loses $130 Million in Latest Crypto Hack
DeFi protocol Cream Finance suffered yet another hack this year after an exploit stole at least $130 million in what could be one of the largest thefts in decentralized finance. From a report: The attack on the Ethereum-based lending protocol was fir.....»»
Activists Are Designing Mesh Networks To Deploy During Civil Unrest
An anonymous reader quotes a report from Motherboard: [O]rganizers and programmers with the Mycelium Mesh Project are [...] designing a decentralized, off-grid mesh network for text communications that could be deployed quickly during government-indu.....»»
Bug in Compound DeFi platform caused a giveaway of $162 million worth of COMP tokens
Last week, a decentralized finance (DeFi) platform called Compound Labs accidentally gave away no less than $162 million worth of its COMP token. As expected, this made many account owners happy about the windfall, but the CEO is asking them to retur.....»»
Cracks in the crypto utopia: How a surge of scams is exposing DeFi’s dark side
Crypto evangelists often tout decentralized finance as being a superior alternative to traditional banking, but ditching the middleman does have some downsides......»»
An anonymous hacker stole $600 million in cryptocurrency, then gave it back
An anonymous hacker who stole more than $600 million from the decentralized finance platform Poly Network this week has returned virtually all of the money — and apparently turned down a half-million-dollar reward offered by the company for exposin.....»»
Hackers siphon $600 million in digital tokens, crypto network says
Poly Network breach would be among biggest heists to target cryptocurrency industry. Enlarge (credit: RobertAx | Getty Images) A decentralized financial network has claimed hackers absconded with about $600 million worth of cryptocurrencies in.....»»
$600 million gone: The biggest crypto theft in history
Hackers have stolen some $600 million in cryptocurrency from the decentralized finance platform Poly Network, in what it says is the largest theft in the industry's history......»»
Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost
Cross-chain decentralized finance (DeFi) platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto. From a report: Poly Network, a protocol launched by the founder of Chinese blockchain project Neo.....»»
Element, a messaging app built on the decentralized Matrix protocol, raises $30M
After Element acquired Gitter last year to bring in more users and features into its own decentralized, Matrix-based messaging app, the startup is announcing some funding to invest in its growth. Element has picked up $30 million in a Series B round.....»»
Square To Create New Bitcoin Platform for Financial Services
Payments services company Square will open a new business focused on creating an "open developer platform" to make it easier to provide non-custodial, decentralized financial services, CEO Jack Dorsey said Thursday in a series of tweets. From a repor.....»»
Crypto startup Phantom banks funding from Andreessen Horowitz to scale its multichain wallet
While retail investors grew more comfortable buying cryptocurrencies like Bitcoin and Ethereum in 2021, the decentralized application world still has a lot of work to do when it comes to onboarding a mainstream user base. Phantom is part of a new cla.....»»
DeFi investor platform Zerion raises $8.2 million Series A
While crypto exchanges have demystified some of the largest cryptocurrencies for retail investors, many of the intricacies of decentralized finance are still lost on even more savvy investors as a result of DeFi’s weave of diverse offerings. Ze.....»»
SafeDollar "Stablecoin" Drops To $0 Following $248,000 DeFi Exploit On Polygon
The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be an exploit today. CryptoSlate reports: While details are.....»»
Circle wants to help companies access DeFi lending markets with new API
Cryptocurrency company Circle has announced that it plans to launch a new API for companies using Circle accounts to manage crypto assets — and in particular USDC stablecoins. The new API will let companies access decentralized finance (DeFi) proto.....»»
A new world order, a new battleground
What kind of world will it be in 2030? The era of 5G with low latency, high speed and ultra-connectivity is maturing, and people are waiting for 6G that will levarge low orbit satellites to achieve decentralized bandwidth, opening yet another a new c.....»»
Is Bitcoin More Traceable Than Cash?
The New York Times argues that this week changed Bitcoin's reputation as "secure, decentralized and anonymous" (adding "Criminals, often operating in hidden reaches of the internet, flocked to Bitcoin to do illicit business without revealing their na.....»»
Big Data Storage: Top Ten Tips for Scaling Hadoop
Enabling Hadoop to help with your Big Data storage needs requires avoiding controller choke points, understanding decentralized storage, and other advanced Big Data techniques......»»
Decentralized Komorebi Collective launches to back female and nonbinary crypto founders
As decentralized currencies have taken off in recent months, there’s been renewed attention around DAOs, or Decentralized Autonomous Organizations, as a means of bringing together groups of investors who can deploy capital as a unit while votin.....»»
Opera Integrates Blockchain-Powered Domains, Providing Access to the Decentralized Web
"Chromium-based web browser Opera is all set to fully integrate with blockchain domain name provider Unstoppable Domains," reports TechRadar, "in a bid to provide millions of its users with decentralized web access." Opera users will now be able to.....»»
Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny
Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea and Handshake co-founder Andrew Lee. Built.....»»