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DeFi News
Medium
14h
283
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Decentralization will Challenge Surveillance Capitalism
- The integration of blockchain technology with a distributed file storage system like IPFS enhances data integrity, availability, and decentralization.
- Blockchain ensures security and transparency by adding an additional layer of security through its consensus mechanisms.
- Storing IPFS file addresses on a blockchain enables decentralized ownership and control of data, reducing censorship potential.
- The combination of blockchain and IPFS has real-world applications, such as document verification, supply chain traceability, and decentralized social media platforms.
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17 Likes
Medium
17h
183
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Injective Fuels $INJ Token Value Through Strategic Token Burns
- Injective has implemented a strategic token burn mechanism for its native token, $INJ.
- The recent token burn event involved approximately 13,000 $INJ tokens.
- Injective's deflationary token model aims to create scarcity and potentially increase the value per $INJ token.
- The token burn initiative offers benefits such as strengthening the token's utility and incentivizing participation in the Injective network.
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11 Likes
Cryptonewsz
19h
325
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USDV partners with DIA to release price oracles on Telos network
- USDV and DIA have partnered to introduce USDV price oracles to the Telos network.
- USDV operates on the Omnichain fungible token (OFT) standard, ensuring standard and uninterrupted operations across multiple blockchains.
- DIA has created a customized price feed to understand the real-world price of USDV assets across Ethereum, Arbitrum, and BNB Chain.
- This collaboration allows USDV to access additional DeFi opportunities beyond the Telos ecosystem.
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19 Likes
Medium
20h
300
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Top DeFi Picks for 2024: Injective, Chainlink, and Borroe Finance ($ROE)
- Injective (INJ) has established itself as a top-performing altcoin, despite a recent price decline.
- Chainlink (LINK) remains in positive territory compared to the broader market, with analysts predicting a potential price rebound.
- Borroe Finance ($ROE) is gaining traction in the DeFi space with its unique approach and innovative platform.
- Investors are advised to conduct their own research and due diligence before making any investment decisions.
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18 Likes
Medium
23h
104
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Beamswap opens discussions on Polkassembly for PerpaDOT initiative
- The Beamswap team is discussing the Beamex PERPadot initiative on the Polkassembly for PerpaDOT
- The initiative aims to enhance liquidity depth and provide a seamless decentralized perpetual trading experience on Polkadot
- 500,000 $DOT requested for the Beamex Liquidity Pool to attract new users and compete against other networks
- Increased liquidity would benefit the Polkadot ecosystem by solidifying its position in DeFi and fueling development of new products
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6 Likes
Cryptonews
1d
277
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Major Crypto Players Algorand, Ripple, Casper, and Hedera Unite to Launch Decentralized Recovery Alliance
- Prominent DeFi ecosystems Algorand and Ripple have joined the DeRec Alliance.
- DeRec Alliance aims to streamline recovery of digital assets within the Web3 sector.
- The goal is to simplify the recovery of lost crypto for a safer DeFi experience.
- Casper and Hedera are other major members of the DeRec Alliance.
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16 Likes
Bitcoinist
1d
78
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Binance Slapped With $4M Fine By Canadian Regulator For Violation Of Rules
- Binance, the world's largest cryptocurrency exchange, has been fined $4.4 million by Canada's financial regulator, FINTRAC.
- The penalty was imposed due to Binance's alleged failure to comply with money-laundering protections, including registering as a foreign money services business and reporting virtual currency transactions.
- Binance committed two administrative violations: failing to register with FINTRAC and failing to report large virtual currency transactions of $10,000 or more.
- Despite regulatory challenges, Binance is committed to increasing compliance by appointing a new board of directors and establishing a headquarters to meet regulatory requirements.
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4 Likes
Cryptonews
1d
202
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WisdomTree Rolls Out New Crypto App in New York Despite Shareholder Concerns Over DeFi Strategy
- WisdomTree has launched WisdomTree Prime, an app that grants users in 41 states access to digital assets like Bitcoin and Ethereum.
- In March, WisdomTree received approval from the New York DFS to operate as a limited purpose trust company, demonstrating regulatory oversight.
- WisdomTree's largest shareholder criticizes the company's focus on crypto, expressing concerns over the underperforming launches of their digital wallet and Bitcoin ETF.
- Despite shareholder concerns, WisdomTree moves forward with the rollout of their crypto app in New York, allowing users to save, spend, and invest digital assets.
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12 Likes
Medium
1d
546
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Powered by OriginTrail, ChatDKG.AI is unlocking a Truly Open Artificial Intelligence
- ChatDKG.AI is revolutionizing the AI industry with a truly open approach.
- The platform leverages the OriginTrail Decentralized Knowledge Graph (DKG) to create a neutral and inclusive knowledge foundation.
- Through decentralized Retrieval-Augmented Generation (dRAG), knowledge inputs are made available to any AI model with information provenance and data ownership respect.
- Participants can get involved in growing the DKG in various domains and benefit from the knowledge economy.
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7 Likes
Bitcoinist
1d
143
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Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings
- WisdomTree, one of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, has expanded its WisdomTree Prime app to users in New York.
- WisdomTree recently obtained a New York State Department of Financial Services (DFS) charter, allowing the company to custody digital assets and offer digital wallet services.
- The launch of the WisdomTree Prime app in New York coincides with the introduction of the WisdomTree Prime Visa Debit Card, which allows users to make purchases with their wallet balance wherever Visa is accepted.
- WisdomTree aims to empower consumers in utilizing digital assets in their everyday financial lives and recognizes the rapid growth of the digital asset market in New York.
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8 Likes
Medium
1d
162
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Expert Tips for Successfully Claiming Enjin Coin $ENJ Airdrops
- Enjin Coin airdrops can be accessed by exploring DappRadar’s offerings and should be thoroughly vetted before claiming.
- It’s crucial to pay attention to the airdrop details such as eligibility requirements and the distribution mechanism.
- To claim an airdrop, a compatible wallet is necessary, and instructions usually provided on the airdrop page will guide through the claiming process.
- Security is paramount in the claim process. Qualification for the airdrop and sticking to the timeline provided for claiming is critical.
- Airdrops can foster community engagement and distribution of rewards and can also increase a token’s value and acceptability.
- The management of airdrops should be strategically planned for efficiency and comes with an associated risk profile.
- Secure storage for airdropped tokens is crucial, and additional security protocols should be implemented to fend off cyber threats.
- Decisions to trade or hold Enjin Coin airdrops should be made with caution, dependent on personal investment strategies.
- Trading demands vigilant market analysis, while holders must stay abreast of industry developments to optimize the timing of eventual trades or further investments.
- Compliance with regulations and long-term safety are also crucial aspects for consideration.
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9 Likes
Medium
1d
56
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Why Fetch.AI $FET Airdrops Could Be Your Best Crypto Move
- Fetching free digital assets via airdrops in the cryptocurrency world can be a laborious and risky task for many, but with the right guidance, it could represent a great opportunity.
- Fetching Fetch.AI airdrops becomes a methodical process via DappRadar, a comprehensive platform for discovering and analyzing decentralized applications.
- Before claiming Fetch.AI airdrops, individuals are required to review specific details, such as an airdrop's legitimacy, the eligibility requirements, and the distribution mechanism.
- To claim Fetch.AI airdrops, an individual must have a Fetch.AI-compatible wallet ready, undergo simple social media tasks and verifying the identity.
- It is paramount to follow the stipulated instructions, as failing to do so may lead to ineligibility.
- The initial phase in claiming an airdrop involves securely connecting one's cryptocurrency wallet with DappRadar, requiring careful adherence to the instructions provided.
- Many Fetch.AI airdrops demand verification to prevent fraudulent claims, such as linking email addresses or undergoing KYC (Know Your Customer) procedures.
- It is essential to confirm that you are eligible for the airdrop before initiating the claim process.
- Efficient management of received rewards post-claiming Airdrops, including safekeeping of tokens, understanding market volatility and deciding on a hold-or-sell strategy.
- Secure storage is pivotal in maximizing keynote from airdrops. Investors should utilize wallets with multi-layered security measures to guarantee asset protection.
- Decisions on whether to trade or hold a Fetch.AI airdrop should not be made lightly, with the choice having a significant impact on one's financial trajectory.
- Inexperienced traders should start with a conservative approach and remain attuned to market sentiment while evaluating industry developments against their airdrops.
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3 Likes
Medium
1d
169
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Unveil Your PAAL AI $PAAL Tokens: Airdrop Claim Guide for Investors
- DappRadar offers a suite of tools that can help users identify airdrop events, which represent a method of distributing tokens to users’ wallets at no cost as a marketing or network participation incentive.
- DappRadar streamlines the process of claiming PAAL AI airdrops, ensuring that recipients comply with the protocol’s requirements.
- Before engaging with DappRadar for PAAL AI airdrop claims, it is essential to prepare your digital assets and ensure compatibility with the platform’s requirements.
- Understanding the eligibility criteria for PAAL AI airdrops before claiming them is crucial for a seamless experience.
- Once you have ascertained the legitimacy of the airdrop and ensured adherence to its preconditions, DappRadar can facilitate the claiming process.
- Determining which PAAL AI airdrops you’re eligible for can seem daunting initially. Using DappRadar, users can filter and sort through various airdrop opportunities, focusing only on those matching their criteria.
- To truly capitalize on PAAL AI airdrops, thorough vetting of each opportunity is imperative to avoid nefarious schemes.
- DappRadar offers an expedient platform to track airdrop events, leveraging real-time data to keep users abreast of the latest distribution opportunities.
- Discovering an airdrop early can be a significant advantage. It gives you ample time to conduct due diligence, assess the underlying technology, and scrutinize the legitimacy of the token distribution.
- Ultimately, claiming PAAL AI airdrops through DappRadar should be an exercise rooted in calculated decisions.
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10 Likes
Medium
1d
275
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Discover Free 1INCH $1INCH: How to Claim Your 1INCH $1INCH Airdrop
- In the context of 1INCH airdrops, one must distinguish between what is colloquially termed a “faucet drop” and an actual airdrop event.
- By rewarding existing stakeholders or attracting potential new ones, airdrops act as a promotional and community-building tool.
- DappRadar can facilitate the claiming process, ensuring recipients comply with the protocol’s requirements.
- Comprehension of the underlying technology and a vigilant approach is also necessary to mitigate against potential risks associated with claiming airdrops.
- To embark on the journey to claiming airdrops, visiting the DappRadar website is your initial step.
- DappRadar further assists by supplementing airdrop details with community feedback and historical context.
- Airdrops represent a nexus of opportunity for the astute cryptocurrency enthusiast.
- Discovering an airdrop early can be a significant advantage.
- Investigating patterns of past airdrops from a particular entity could reveal insights into their operational strategy and signal the long-term viability of their tokens.
- Before claiming any airdrop, confirm the authenticity and potential value it offers to your portfolio.
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16 Likes
Bitcoinist
1d
215
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$300M Scandal Rocks Binance: Fired Investigators Accuse DWF Labs Of Manipulative Trading
- Binance fires top investigators after allegations of wash trading by VIP client DWF Labs.
- Binance refutes allegations, stating transactions were proprietary and not manipulative.
- DWF Labs strongly denies accusations, asserts commitment to integrity and transparency.
- Concerns raised about market manipulation and Binance’s handling of such incidents.
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12 Likes
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