While crypto enthusiasts would want the world to believe that projects in the space, especially those in decentralized finance (DeFi) have little to no use for centralized intermediaries, the recent outage of one of Amazon’s server in US-East-1 region has again brought the question “how decentralized are decentralized finance projects?” to the fore again.dYdX suffers outageOn … [Read more...] about “Decentralized” exchange dYdX suffers outage
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DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto
The big news this week happened on April 16th, when a major power outage in Xinjiang wreaked havoc on the BTC hash rate. According to local sources, the hash rates on Ant Mine Pool fell by 21.93%, BTC.com by 18.5%, Binance Mine Pool by 22%, and Huobi Mine Pool by 25.5%. Reports from Cointelegraph linked it with safety inspections resulting from a mine accident in the … [Read more...] about DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto