Decentralized governance has faced a series of teething problems: hackers can exploit loopholes in the codebase; community agendas can be hijacked by a vocal minority of trolls and spammers; many on-chain initiatives suffer from rock bottom voter turnouts.
San Francisco Blockchain Week is partnering with Squarelink and Terra to offer event vendors the capability of accepting payments in cryptocurrency.
Squarelink’s Event Pass dApp will enable attendees to use Terra’s USD-pegged stablecoin to make purchases from food trucks and other vendors at the conference.
Event Pass also serves merchants by allowing to quickly set up a crypto-based point-of-sale (POS) system.
P2P cryptocurrency exchange Paxful has announced significant growth over the 12-month period leading up to October 2019. It now has over three million wallet addresses, with 800k of those having been added in the last year. A large proportion of new users are based in developing countries, with the US also representing a growing market.
On the same day that Binance.US announced that trading surpassed $10M over 24 hours for the first time since its launch a month ago, the San Francisco-based exchange added a new DOGE trading pair.
It’s no secret that the decentralized oracle network Chainlink (LINK) has been one of the best performing digital assets of 2019, despite crypto winter and the absence of an altcoin rally.
And a large part of that success may be down to one word: partnership.
The ultimate irony? It may have been a mistake.
It was perhaps the last thing anyone expected of today’s testimony: Mark Zuckerberg telling the House Financial Services Committee that if they don’t approve his Libra crypto project and get with the times, Facebook will simply pull out.
In an extraordinary statement Facebook’s founder outlined to Congress the conditions under which the company would extricate itself from the Libra Association if the digital currency runs the risk of becoming illegal or outlawed in the United States.
With its tandem on and off-chain governance system, the Decred community has enjoyed a productive year of uniquely decentralized decision-making. After the submission of more than 50 proposals, resulting in 25 approvals, with the casting of nearly half a million votes, members of the Decred community have learned a lot about reaching consensus on a broad range of issues.
It didn’t take long to reverse any tentative bullish prediction. Bitcoin has plummeted in the last few hours with a violent fall to below the $7,500 supports, in a move that shows many signs of manipulation.
Celsius Network will begin supporting Tether (USDT), the largest stablecoin in the market, in its interest-earning wallet. That will enable users to leverage their holdings in order to receive a passive income.
Announced today, the news means that USDT will become the twentieth coin supported by Celsius Network. Users will be able to earn interest of up to 9.75% from their Tether deposits, or as much as 12% if they opt to take their payment in CEL tokens.
Ethereum is back under heavy downside pressure after the second-largest cryptocurrency by market capitalization suffered a heavy technical rejection from just below the $200.00 level earlier this month.
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