Decentralized

IOTA Network Down for 11 Days – Devs Claim Mainnet Will Be Operational Next Month

</header> <strong>The IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2. On February 14, our newsdesk reported on the beginnings of the IOTA outage, when the network status page indicated that it was down. The page still warns IOTA’s mainnet is …

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DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’

</header> <strong>As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds and sparked a surge in defi insurance, …

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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

</header> <strong>Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments …

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Decentralized Exchanges Are Evolving at Last

<header class=”article__header”> </header> <strong>The humble DEX has come a long way since the days of Etherdelta. While not all of those steps have been forward – such as the enforcement of KYC on IDEX – the scope and quality of decentralized trading platforms has evolved greatly. As an examination of several new and emerging platforms …

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Traders Bemoan New Localbitcoins Identity Requirements

<header class=”article__header”> </header> <strong>Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money laundering requirements. The exchange recently changed its KYC/AML guidelines on September 1 and users say more …

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BCH Microblog ‘Member’ Shows the Future of Reddit-Like Forums

<header class=”article__header”> </header> <strong>Since the Bitcoin Cash upgrade in May 2018, software developers have unleashed a slew of microblogging protocols that utilize OP_return transactions. One application called Member is a BCH-based browser that makes use of these types of transactions and the extra space added to the data carrier size. While still in its infancy, …

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An In-Depth Look at Iris, a New Decentralized Social Network

<header class=”article__header”> </header> <strong>Cryptocurrency advocates have been discussing a new social media platform designed by one of Bitcoin’s earliest developers Martti Malmi, otherwise known as Sirius. The project he designed, called Iris, is a social networking application that stores and indexes everything on the user’s devices and connects directly with peers rather than using centralized …

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A Bitcoin Cash Fork of Decentralized Exchange Bisq Is on the Horizon

<strong>Two Bitcoin Cash (BCH) community members recently offered up a bounty for someone to fork the decentralized trading platform Bisq using BCH as the native currency. Now it seems a programmer has started the project in order to port Bisq over to BCH with help from BCH developer Pokkst’s Bitcoincashj implementation. The project is still …

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As Projects Flock to Binance Chain, Its DEX Has a Lot to Live up To

<strong>You wouldn’t know to look at it, but Binance DEX could soon become the busiest exchange in the cryptosphere. At present, MITH is the only token tradable on there, though it will soon be joined by NOW – the first token to be added to Binance Chain – plus hundreds more if exchange boss CZ …

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PR: Switch.ag Releases SwitchDex – a Decentralized Exchange

</header> <small><i>This is a press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> Switch.ag is a new kind of token exchange. Switch not only gives users the ability to seamlessly “switch” …

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