Tagged: decentralization

June 3, 2025 @ 11:22 pm By Omar Faridi  |  

A recent incident involving Chainlink’s oracle system has rocked the decentralized finance (DeFi) community. On May 29, 2025, over $500,000 in user funds were wiped out on the Avalanche-based Euler market. Omer Goldberg detailed the event in a social media post, highlighting vulnerabilities in DeFi… Read More

May 15, 2025 @ 7:09 am By Tony Zerucha  |  

In a world marked by tariff battles and near-shoring, the TWIN Foundation is working towards a better global trade system propelled by open-source technology and decentralized infrastructure. The TWIN Foundation debuted on May 8 at the AfCFTA Digital Trade Forum in Lusaka, Zambia. It’s an initiative of the Trade… Read More

May 11, 2025 @ 10:58 pm By Omar Faridi  |  

Strands Technologies Ltd. has reportedly reached a milestone of over $6 billion in tokenized notional by integrating Derive.xyz, a decentralized protocol for on-chain derivatives. This partnership comes at a time when trust in the space has been shaken by the past collapse and “continued aftermath… Read More

April 26, 2025 @ 7:31 am By Omar Faridi  |  

Gitcoin, an Ethereum-based platform for funding public goods and open-source projects, announced on Friday that it will close its primary software development arm, Gitcoin Labs. The decision reportedly stems from mounting financial pressures, with co-founder Kevin Owocki stating that achieving profitability for the unit was… Read More

April 8, 2025 @ 11:12 am By Omar Faridi  |  

Twinstake has joined the IOTA Genesis Validator Set, which is described as an institutional-grade staking solution for a “secure future.” When the IOTA Foundation selected its Genesis Validators for IOTA Rebased, it wasn’t just seeking network participants—it was curating what it claims is the “bedrock”… Read More

February 21, 2025 @ 7:15 am By Omar Faridi  |  

Figure Markets, a platform for decentralized finance (DeFi), has recently launched the first interest-bearing stablecoin native to a public blockchain registered with the Securities and Exchange Commission. YLDS, described as a public security offered through Figure Markets’ wholly owned subsidiary, Figure Certificate Company, is “a fixed-price,… Read More

January 21, 2025 @ 11:22 am By Omar Faridi  |  

Open Campus, the community-led decentralized autonomous organization (DAO) building an on-chain education network, announced it has launched the EDU Chain mainnet, a Layer 3 blockchain on Arbitrum Orbit. EDU Chain is designed for consumer-facing education apps and on-chain education finance (EduFi), “powered by the EDU… Read More

January 13, 2025 @ 7:51 am By Omar Faridi  |  

OpenLedger, backed by Polychain Capital and Borderless Capital, is building a blockchain for (artificial intelligence) AI that provides a “decentralized” trust infrastructure for creating specialized language models. CoinList noted in a blog post that OpenLedger is offering up to “51% of its total token supply… Read More

January 9, 2025 @ 6:21 pm By Omar Faridi  |  

Pyth Network and digital banking plaform Revolut are focused on enabling the future of mainstream finance. As the boundaries between traditional and decentralized finance blur, Revolut—a global enabler of digital banking—has partnered with Pyth Network as a data publisher to contribute its “trusted price data”… Read More

January 5, 2025 @ 7:12 pm By Omar Faridi  |  

Frax Finance, a “decentralized” stablecoin cryptocurrency protocol, has recently announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a “fully auditable” backing mechanism. This partnership marks a milestone in the integration… Read More

December 29, 2024 @ 9:28 pm By Omar Faridi  |  

M^0, the “decentralized” stablecoin infrastructure layer, announces a strategic integration with Usual, a “decentralized” fiat-backed stablecoin issuer. Usual is leveraging M^0’s infrastructure to create UsualM, a vehicle that will facilitate the use of M^0 as an “alternative collateral structure for Usual products.” This partnership marks… Read More

December 29, 2024 @ 6:11 pm By Omar Faridi  |  

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces its integration with Akash Network, a key player focused on decentralized cloud computing. This integration combines Quai’s multi-shard blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, promote “transaction efficiency,… Read More

December 27, 2024 @ 3:27 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, announced it has become a member of the Accountable Digital Identity Association (ADIA), an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to “ensure… Read More

December 27, 2024 @ 10:06 am By Omar Faridi  |  

The Nomic DAO Foundation announced the official launch of a fee-free on-and-off ramp for Bitcoin (BTC) on Osmosis, the “decentralized” exchange (DEX) within the Cosmos ecosystem. Approved by the Nomic DAO and Osmosis DAO through a revenue sharing agreement, Osmosis and Nomic have created a… Read More

December 22, 2024 @ 12:50 pm By Omar Faridi  |  

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces a partnership with Akash Network, a key player focused on decentralized cloud computing. This collab merges Quai’s “multi-shard” blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, enable transaction efficiency,… Read More

December 16, 2024 @ 5:15 pm By Omar Faridi  |  

Uplink, a decentralized connectivity ecosystem for existing and new internet infrastructure, has announced an implementation on Avalanche, a Layer 1 blockchain and smart contracts platform. The decentralized physical infrastructure network (DePIN) Layer 1 project built on the Avalanche Blockchain, paves the way for “global decentralized… Read More

December 4, 2024 @ 11:04 pm By Omar Faridi  |  

cheqd, a “decentralized” payment and trust infrastructure provider, has announced a partnership with ID Crypt Global, a digital identity and security company, to integrate identity and security solutions into Apex Digital Exchange (ADEX), a key player in the decentralized finance (DeFi) space. This collab is… Read More

November 29, 2024 @ 8:30 am By Omar Faridi  |  

Rarimo, a zero-knowledge (ZK) identity protocol, has announced the closing of a $2.5 million strategic funding round, with investors including Ethereum co-founder Vitalik Buterin and other key web3 founders. Referred to as the Vision Round, this founder-only raise was designed to course-correct the current direction… Read More

November 3, 2024 @ 4:16 pm By Omar Faridi  |  

FLock.io, a platform for federated learning on blockchain, announced that it has entered into an MoU with Animoca Brands, the company driving digital property rights via NFTs and gaming to help build the open metaverse, to explore “co-creation opportunities” for domain-specific AI models using FLock.io’s… Read More

November 1, 2024 @ 9:20 am By Omar Faridi  |  

TRON DAO, which claims to be the “community-governed” DAO dedicated to accelerating the decentralization of the internet via blockchain tech and dApps, and Chainlink, the “standard” decentralized computing platform, announced that Chainlink Data Feeds will become the official data oracle solution for the TRON blockchain… Read More