Latest News and Articles about Centralization
Hyperliquid Shifts to On-Chain Voting Post $6M JELLY Exploit: A Step Towards Decentralization?
Hyperliquid’s Bold Move to On-Chain Validation After $6 Million JELLY Exploit In a dramatic turn of events, Hyperliquid, a leading platform in decentralized finance, faced a $6 million exploit with the JELLY memecoin that shook its foundations. Now, it’s fighting back with a significant upgrade to bolster trust and transparency, shifting to on-chain validation for […]
Read MoreCoinbase Dominates Ethereum with 11.42% Staked ETH, Eyes 1,000 U.S. Jobs Amid Political Boost
Coinbase Takes the Lead as Largest Ethereum Node Operator with 11.42% of Staked ETH Coinbase has emerged as the largest Ethereum node operator, controlling 11.42% of all staked Ether (ETH), valued at approximately $6.8 billion as of March 3. This development raises questions about centralization, market dynamics, and political influences on the crypto industry. Coinbase: […]
Read MoreU.S. Takes Over 40% of Bitcoin Mining Power, Raising Centralization Concerns
United States Dominates Bitcoin Mining with Over 40% Global Hashrate Share The United States has emerged as the global leader in Bitcoin mining, commanding over 40% of the world’s hashrate by the end of 2024. This surge is primarily driven by Foundry USA, the largest mining pool globally, with a hashrate of 280 EH/s, and […]
Read MoreDeFi’s Secret Third Option: Combining UX and Decentralization
The Secret Third Option in Decentralized Finance In the world of finance, the narrative often pits the user-friendly allure of centralized platforms against the rugged transparency of decentralized finance (DeFi). But what if there’s a third way? Karel Kubat, co-founder of Union, asserts that DeFi can indeed deliver both a robust user experience (UX) and […]
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