DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert
A researcher from the University of Nicosia elaborates on key controversies of decentralized finance. As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really decentralized if some individuals have way more governance tokens than others? Does the anonymous culture compromise its transparency?A recent report from the EU Blockchain Observatory and Forum elaborates on these questions and many others....
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The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says Expert During an interview with news.Bitcoin.com, Tim Frost, who also worked in the development and growth at early stages of crypto companies such as QTUM, NEO, Paxful, Polymath, among others, forecasted that in the next 12 months, the total value locked up will pass $100 billion in the defi industry.....
In an in-depth analysis shared on X (formerly Twitter), Bitcoin expert Dylan LeClair has pulled back the curtain on a purported “web of deception” attributed to Justin Sun, Tron’s founder. LeClair’s detailed examination touches on several nuanced movements within the crypto-sphere, and the findings present potentially alarming implications for the broader ecosystem. Bitcoin Pundit Raises […]
The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured. Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy sector, blockchain lies at the heart of these technologies. The authors of a recently published EUBlockchain Observatory report “Blockchain Applications in the Energy Sector” are convinced that distributed....
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap.
The Magic Ticket Airdrop and DAO
According to the developers of the Solana-based Magic Eden NFT marketplace, a DAO is in the making and the fundamentals behind the change. The team detailed that it started distributing....
The EU Blockchain Observatory envisions distributed ledger technology delivering the Healthcare 4.0-era. The EU Blockchain Observatory published its fifth report under the headline “Blockchain Applications in the Healthcare Sector.” The document highlights the importance of distributed ledger technology for the European healthcare sector, which faces a number of challenges on its route to the “Healthcare 4.0” revolution.The 66-page document was announced on the EU Blockchain Observatory's Twitter on April 11. Its authors take an optimistic perspective on the implementation of blockchain....