Researchers from the University of Texas at Austin and Princeton University have recently conducted a comprehensive study to explore the impact of tokenization on decentralization in decentralized autonomous organizations (DAOs). The study reveals that the level of decentralization in DAOs is significantly …
Cryptocurrency exchange Coinbase has announced that it will temporarily suspend customers from staking additional assets in four states due to ongoing legal proceedings with local regulators. The affected states include California, New Jersey, South Carolina, and Wisconsin. This decision comes after the …
real-world board of directors or executive compensation structure And how would you even begin to prepare financial statements for a decentralized platform like Ethereum? These are just some of the challenges that the SEC will face if they continue to pursue their …
Ether (ETH) has surged to a three-month high, surpassing the $2,000 mark, thanks to renewed optimism in the market. This upswing in Ether’s price comes after a U.S. court ruling found that the sales of Ripple’s XRP tokens via exchanges and algorithms …
In a surprising turn of events, a recent court ruling has had a significant impact on the price of XRP, causing it to nearly double in the past 24 hours. However, these gains were short-lived as the cryptocurrency experienced a decline during …
Stablecoin issuer Circle has recently made adjustments to its workforce in order to maintain a strong balance sheet. The company stated that it is refocusing on core business activities and execution, which has led to a reduction in investments and expenses, including …
Bitcoin investors experienced a brief surge in price following a report of a substantial slowdown in U.S. inflation. However, the upward trend did not last long, as Bitcoin’s price dropped below $30,500, representing a 1% decrease from the pre-Consumer Price Index (CPI) …
and dollars in global trade and finance. As the use of euro-backed stablecoins increases, it would create a more balanced ecosystem where the dominance of the U.S. dollar is challenged. This shift towards euro-backed stablecoins would also have implications for the European …
China’s decision to close its doors to decentralized cryptocurrencies has not deterred Circle CEO Jeremy Allaire, who believes that stablecoins could still play a significant role in the proliferation of China’s digital yuan. Allaire, the head of the company behind the USD …
Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance has fallen victim to yet another exploit, losing a staggering $1.53 million. This incident, which occurred on July 11, marks the second time within a week that Rodeo Finance has been targeted by hackers. The …