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Tech Titan Jack Dorsey Says He’s Building a Decentralized Exchange for Bitcoin

Square and Twitter CEO Jack Dorsey is building a decentralized exchange for Bitcoin (BTC). The tech mogul broke the news to his 5.6 million Twitter followers on Friday after first announcing last month that Square was developing a new business, called TBD, focused on creating decentralized finance (DeFi) services for Bitcoin (BTC). ADVERTISEMENT   We’ve determined @TDB54566975’s direction: help us build an open platform to create a decentralized exchange for #Bitcoin https://t.co/jHYWHy1qmu — jack⚡️ (@jack) August 27, 2021 Mike Brock, general manager of TBD, says he believes Bitcoin will be

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

Binance Hires Ex-IRS Officer To Fight Money Laundering

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DeFi Blue Chips, Polkadot Tokens Plummet in Market Dip

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may

Why Trust, Openness, and Interoperability Are Vital to Data Exchange

Things are changing rapidly and there is a significant rise in demand for decentralized data solutions. How do decentralized data solutions work? How effective are they? In which business instances can they help? Decentralized data protocols and marketplaces give individuals and enterprises the opportunity to monetize their data in a way that is safe and compliant. Through blockchain technology, information is traceable and verifiable via its decentralized application archive. Data that flows through its decentralized archive is immutable and cannot be changed, allowing for increased control both within and between

Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both

International Group of Finance Leaders Says Ripple’s XRP Remittance Network Leapfrogs Traditional Banking System

ADVERTISEMENT An independent body of global finance leaders says Ripple’s XRP-powered cross-border payment platform “leapfrogs” the efficiency of traditional remittance methods. The Group of 30 published the report, calling on central banks and financial authorities around the world to be proactive in terms of regulating digital assets. G30 experts discuss the theoretical possibility of a “systemic hegemonic currency,” which some academics have posited could possibly reduce “spillover shocks” that come with the US dollar acting as a reserve currency. The systemic currency could come in the form of a stablecoin

Bitcoin and Ethereum Whales Move $231,000,000 in Crypto As Ripple Shifts 37,000,000 XRP From Genesis Wallet

ADVERTISEMENT Crypto whales are surfacing in big numbers, moving hundreds of millions of dollars in Bitcoin and Ethereum while BTC hovers around the $11,400 mark. In the last 24 hours, the crypto whale watching bot Whale Alert tracked 11 large transactions to the tune of 15,006 BTC, worth about $231.63 million at time of writing. Three transfers sent 4,600 BTC worth $51.65 million from crypto exchanges to wallets of unknown origins, suggesting that the owners may be accumulating the top cryptocurrency. Two transfers moved 2,300 BTC worth $25.7 million from