Users Criticize DeFi For Refusing To Provide Access Based On Wallet Content
Decentralized Finance (DeFi) is one emerging sector in the crypto industry that has been in the limelight for a while. DeFi protocols offer users access to peer-to-peer digital exchanges, eliminating third-party involvement like banks. The DeFi sector boycotts the charges and payments often requested by banks in running traditional finance transactions while maintaining a secure […]
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Entrepreneur Brad Mills said that decentralized finance rebuilt everything wrong with Wall Street on a blockchain. While decentralized finance (DeFi) is expected to be an upgrade to traditional finance mechanisms, some believe that denying users access to decentralized exchanges based on their wallets is a backward move. In a tweet, entrepreneur Brad Mills criticized DeFi for denying users access to decentralized exchanges (DEXs) due to various factors such as location and wallet content. Because of this, Mills described the future of Web3 as a “surveillance panopticon” and said that it....
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain Hydra Market Operator’s Cryptocurrency The Russian judiciary wants to confiscate what it believes to be a record amount of cryptocurrency from a drug dealer’s crypto wallet, the business daily Kommersant reported this week, quoting a post on....
Ziddu.com, a cloud-based content distribution platform operated by Singapore-based Meridian Pte. Ltd., has provided a bitcoin wallet to its users. Users can now buy vouchers for gift cards, mobile recharge or games (such as XBOX and Play Station) with bitcoins. Ziddu provides free cloud storage, content distribution and micro payment services. It offers free cloud storage for documents, photos, videos, audios and more. The site serves more than 100 million unique users per and generates 5 billion impressions month across 225 countries. How users can earn points. Users can earn points by....
On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens.
The Bitpay Wallet Supports 1inch
Decentralized finance (defi) has grown exponentially according to statistics as defillama.com data shows there’s $157 billion total value locked (TVL) across all defi supporting blockchains.
Metrics from Dune Analytics indicate that, as far as Ethereum....
Striving to become Ethereum’s DApp hub, MyEtherWallet users can now search for and access the entire suite of Ethereum DApps within their MEW app. Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new “DApps Browser” feature in the MEW mobile app.The collaboration with DApp analytics site DappRadar opens the door for MEW users to access more than 2,000 Ethereum based decentralized applications including DeFi and NFT based protocols directly from their smartphone. Through the DApps Browser, users can....