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DeFi News
Bitcoinist
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White House To Get Its First-Ever Crypto Advisor? Trump Team Explores New Policy Position
- President-elect Donald Trump's transition team is considering the establishment of a new White House position dedicated exclusively to crypto policy.
- The exact nature of the position, whether it will be a senior staff role or a 'crypto czar' overseeing federal policy and regulation, remains uncertain.
- Advocates within the industry are pushing for the new role to maintain a direct line of communication with Trump, emphasizing the importance of having a strong voice in the administration to represent digital asset interests.
- Trump's engagement with the digital asset sector has included multiple meetings with executives from Bitcoin mining companies and cryptocurrency exchanges, indicating his interest in the industry.
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Medium
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Why XBanking Stands Out in the World of Decentralized Finance (DeFi)
- XBanking utilizes revolutionary technology, including blockchain and Layer 2 solutions, to address transaction latency and high gas fees in DeFi.
- The platform offers user-centric financial tools with an intuitive interface, customizable savings accounts, high-yield liquidity pools, and instant lending and borrowing services.
- XBanking prioritizes security through multi-layered protocols and transparency by providing real-time data on transactions and governance decisions.
- The platform promotes decentralized governance through incentivized token holder participation and focuses on sustainability with eco-friendly initiatives and partnerships.
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Cryptoslate
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BIS report on DeFi activity reveals institutional traders heavily outmaneuver retail on Uniswap
- The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap.
- An analysis of Uniswap v3's liquidity pools showed that institutional players in DeFi replicate strategies from traditional finance, giving them a competitive edge over retail participants.
- Institutional players actively adjust their positions during volatile periods, while retail participants rarely make similar adjustments, leading to lower profitability for retail participants.
- The dominance of institutional traders raises questions about whether DEXs truly deliver on their promise of inclusivity and equal opportunities for retail participants.
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Medium
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How Decentralisation Protects Your Privacy
- Centralised systems pose a risk to privacy as they make attractive targets for hackers and companies are in full control of users' data.
- Decentralisation, on the other hand, works by distributing responsibility and control in a network of secure, independent locations. This ensures that control is always with the user.
- Decentralised systems do not have a single point of failure. Instead, they distribute responsibility and data, meaning the whole network won't be compromised if one part is attacked.
- Decentralisation is transforming privacy and security in practical ways, such as password management, identity verification, and secure messaging.
- Decentralisation creates systems that prioritize security, transparency, and user control by design.
- Decentralised tools are becoming more accessible every day, giving users greater privacy and control over their digital lives.
- Decentralisation has the potential to become the cornerstone of digital privacy.
- By adopting decentralised tools, users can take the first step toward greater privacy and control over their digital lives.
- Decentralisation isn't just a technical innovation but a solution to one of the largest challenges of the digital age: protecting privacy.
- Together, we can build a future where privacy is always protected and secure.
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Bitcoinist
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Crypto-Friendly Howard Lutnick Poised To Lead US Department Of Commerce Under Trump
- Howard Lutnick, CEO of Cantor Fitzgerald, is anticipated to be nominated by President-elect Donald Trump to lead the US Department of Commerce.
- Lutnick has been a vocal advocate for economic policies and tariffs in Trump's administration.
- Lutnick's potential appointment does not directly relate to the crypto industry, but he has been a strong supporter of it through his firm's plans for a Bitcoin financing business.
- Lutnick predicts significant value increase for Bitcoin in the next five years.
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Hackernoon
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Degate Launches Cross-Chain Intent Trading: Trade Tokens Across Blockchains Seamlessly
- DeGate is launching Cross-Chain Intent Trading, allowing seamless token trading across blockchains.
- The feature enables traders to use Ethereum-based USDC to trade tokens on other chains, starting with Solana.
- DeGate prioritizes security, allowing users to control their assets and sign transactions before execution.
- The Cross-Chain Intent Trading feature will expand to other leading chains in the future.
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Intelalley
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Securitize Launches Token Vault Functionality
- Securitize launches token vault functionality through subsidiary Securitize Credit, in partnership with Elixir's deUSD RWA Institutional Program.
- The sToken functionality allows institutional holders of Securitize-issued Real World Assets (RWAs) to access liquidity in deUSD within DeFi while still receiving yields.
- The partnership between Securitize and Elixir enables protocols and investors to bridge the gap between traditional assets and the digital asset economy.
- Elixir's deUSD RWA Institutional Program introduces over $1 billion of tokenized RWAs to DeFi, enhancing yield and utility for select assets.
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Crypto-News-Flash
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BlackRock BUIDL Moves Into DeFi With deUSD Collaboration
- Elixir and Securitize have collaborated to enable RWA holders, including BlackRock BUIDL holders, to access DeFi through the use of the deUSD currency.
- The deUSD RWA Institutional Program allows institutional investors to interact with decentralized markets while maintaining the security and stability associated with traditional financial products.
- This collaboration simplifies access to DeFi for institutional participants and highlights the growing confluence of tokenized assets and decentralized ecosystems.
- BlackRock has expanded its BUIDL offering to multiple blockchains, including Aptos, Avalanche, Polygon, and Arbitrum, further establishing its presence in the crypto market.
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Medium
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Decentralized AI in Biometric Authentication and Identity Management
- Decentralized AI and networks like DcentAI may transform biometric frameworks by reinforcing privacy safeguards, increasing security, and expediting identity management methods.
- Decentralized AI operates in biometric authentication through a distributed architecture that processes data across multiple nodes, enhancing security and efficiency.
- Decentralized AI lowers the threat of single points of failure frequently present in centralized frameworks by empowering real-time analysis of biometric data, such as fingerprints or facial characteristics, across several sites.
- Decentralized AI improves privacy by using a distributed processing and capacity approach that decreases the exposure of private biometric data.
- AI’s decentralized architecture significantly improves security by lowering the possibility of data spills.
- Decentralized AI gives individuals more autonomy over their biometric data, empowering them to handle it autonomously of a centralized authority.
- DcentAI helps reduce this trouble by offering reliable APIs and middleware solutions that empower smooth connectivity between decentralized AI platforms and older frameworks.
- DcentAI can address the challenge of maintaining consistent and accurate biometric data across a decentralized network by implementing advanced algorithms for data synchronization that allow for real-time updates across all nodes.
- DcentAI can assist organizations in implementing compliance frameworks that align with relevant legal requirements, including secure consent management and data handling protocols.
- Decentralized AI compares biometric data, such as fingerprints, face acknowledgment, or iris scans, with other authentication methods, such as smart cards or passwords, to improve multi-factor authentication (MFA).
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Cryptoslate
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Bitfinity bridges Bitcoin and Ethereum with new Layer-2 mainnet, raises $12 million
- Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has launched its mainnet after raising nearly $12 million.
- The Layer-2 network aims to bridge the gap between Bitcoin and DeFi, offering enhanced interoperability and abstraction.
- Bitfinity's mainnet launch follows significant institutional backing and a successful token sale, with the token now listed on major exchanges.
- The network integrates Internet Computer Protocol's (ICP) Chain Fusion Technology and uses a threshold signature scheme to enhance security and control.
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Medium
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Cerbo AI: Revolutionizing Decentralized AI with Privacy, Efficiency, and Incentives
- Cerbo AI implements Federated Learning to enable distributed training and protect user privacy.
- The use of blockchain technology decentralizes data ownership and incentivizes contributions.
- The combination of Low-Rank Adaptation and distributed computation reduces latency and resource consumption.
- Cerbo AI's blockchain-driven incentives promote engagement, quality input, and equitable AI development.
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5 Likes
Hackernoon
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Nature + Biomimicry + Bitcoin: Mutually Beneficial Partnership
- Blockchain and Nature can benefit each other with bitcoin being inspired and powered by nature.
- NatureLand is an animal village populated by intelligent animals freed from centralization and money.
- Biomimicry, a technique to solve problems by taking inspiration from nature, was the main scientific discipline in NatureLand.
- The Biomimicry blockchain helped to organize Scientific, Educational, and Medical systems in NatureLand.
- Blockchain played a crucial role in NatureLand's scientific, educational, and medical systems.
- The Biomimicry blockchain was developed based on Rootstock and used Proof-of-Innovation (PoI) consensus mechanism.
- The future of blockchain-based systems is bright as they meet all the criteria of the PROTECTION framework for successful adaptation.
- Nature-inspired computing algorithms operate on the basis of swarm/collective intelligence - a group of individuals that act and make decisions as an entity.
- AI was used to assist with decision-making, innovation development, monitoring the environment, and resource management.
- BioMons is a blockchain-based game to accelerate nature-inspired innovation; it was a collectible card game consisted of developing nature-inspired innovations.
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22 Likes
Medium
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XBanking: A Fresh Take on Digital Finance
- XBanking is a next-generation decentralized finance (DeFi) platform designed to provide a seamless, secure, and efficient financial ecosystem.
- Key features include decentralized financial freedom, high-yield investment opportunities, advanced security measures, and a seamless user experience.
- XBanking offers a wide range of financial services, including savings and staking, instant lending and borrowing, and multi-asset support.
- With transparency, global accessibility, cost efficiency, and a focus on empowering financial independence, XBanking aims to revolutionize digital finance.
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14 Likes
Medium
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XBANKING (XB): Leading the Next Wave of DeFi with Versatile Financial Solutions
- XBANKING (XB) is a decentralized financial platform that offers versatile financial solutions for asset management, investments, and transactions.
- Core features include high-yield staking and investments, decentralized lending and borrowing, multi-asset trading, secure infrastructure, and user-friendly interface.
- XBANKING stands out for its versatility, global accessibility, cost-efficiency, and support for the broader DeFi ecosystem.
- The native XBANKING token (XB) serves as a utility token and incentive mechanism, empowering users and driving the platform's development.
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25 Likes
Medium
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XBanking (XB) Token: The Rising Star of Decentralized Finance
- The XBanking (XB) token is the backbone of the XBanking DeFi platform, serving as the primary medium for transactions, rewards, and governance.
- Key Features of the XB Token: Utility across the platform, governance rights, incentive mechanisms, deflationary model, and cross-chain compatibility.
- The XB token bridges traditional financial systems and blockchain technology, providing enhanced financial accessibility, passive income opportunities, and portfolio diversification.
- The XB token offers robust ecosystem integration, strong incentives for holders, community-driven growth, and strategic partnerships, positioning it for future prospects and significant growth.
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