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Bitcoin Shows Signs of Decentralization Despite Liquidity Issues on Binance.US

Bitcoin's network is becoming more decentralized as the number of wallets holding at least one bitcoin reaches an all-time high. However, the network is facing increased load due to the popularity of ordinals. Binance.US is experiencing a lack of dollar liquidity, resulting in a discount in the trading of Bitcoin and Tether.

Avorak AI Identifies Positive Signs for Ethereum's Advancement in Cryptocurrency Space

Avorak AI, a blockchain platform, has highlighted Ethereum's potential for significant advancements due to its robust infrastructure and ongoing developments. Ethereum is a decentralized blockchain platform that allows developers to create and deploy applications on its network, using its underlying cryptocurrency, Ether (ETH). Its programmable nature has led to widespread adoption and innovation in various domains, such as finance, DeFi, and gaming. 

Decoding DAOs activity - The importance of a multidimensional data analysis

Decentralized Autonomous Organizations (DAOs) are reshaping collaboration and decision-making in the digital age. Using blockchain technology as the backbone for all their activity, DAOs promise transparency, security, and efficiency in operations.
Decoding DAOs activity - The importance of a multidimensional data analysis

Cardano Witnesses Real Adoption Despite Harsh Conditions as ADA TVL Sees 148% Growth This Year Alone

June 28 (Cointime) - Cardano founder Charles Hoskinson has highlighted the growing adoption of the Cardano ecosystem despite unfavorable conditions in the crypto industry. He emphasized that Cardano is expanding in a completely decentralized manner, similar to Bitcoin's explosive growth.

Decentralized Cryptocurrency Lending Protocol ANGELBLOCK Launches First Platform Funding, Backed by ALEPH ZERO Foundation

June 27 (Cointime) -AngelBlock is a decentralized cryptocurrency lending protocol that aims to democratize investing and ensure that those investments are safe. The platform requires projects to develop a series of milestones with measurable deliverables in order to gradually unlock financing.

stETH Now added to Synthetix Perps

According to Synthetix Twitter,Synthetix Governance has given the green light to add LidoFinance's stETH to Synthetix Perps.Synthetix Perps will be the only protocol supporting decentralized and trustless STETH perps, as no other CEX/DEX currently supports steth.

Composable Finance brings inter-blockchain communication from Cosmos to Polkadot with IBC protocol

Composable Finance is using the inter-blockchain communication (IBC) protocol from Cosmos to connect DeFi functions across different ecosystems, including Polkadot. IBC is an interoperability protocol that allows blockchains to communicate with each other securely and accurately. Composable Finance chose IBC over other bridging solutions because of its decentralized, trustless nature. The company also implemented CosmWasm, a protocol that facilitates the creation of modular smart contract code, outside of the Cosmos ecosystem, enabling existing projects on Cosmos to deploy on Polkadot.

Scaling a Blockchain Exclusively Through L2s Leads to Centralization and Failure, Says Cryptocurrency Enthusiast Justin Bons

Justin Bons believes that relying solely on L2 scaling for blockchains can negatively impact user experience and trust, leading to centralization and failure. Instead, he suggests reinventing decentralized consensus for sequencers and utilizing execution sharding for a more competitive and scalable approach that maintains decentralization. While acknowledging the potential benefits of L2 solutions, Bons believes that both L1 and L2 scaling solutions should be allowed to scale within the bounds of decentralization. In other news, Haseeb addressed concerns about Ledger's upgradeable firmware, stating that it is necessary for supporting evolving blockchains and consumers must trust the hardware wallet provider for functionality. Additionally, Haseeb discussed the confusion surrounding hardware wallets and recommended consumers choose their provider based on merit, giving a shoutout to OneKeyHQ as an open-source hardware wallet option.

From ‘Likes’ to ‘Rewards’: How Web3 is Disrupting Traditional Social Media Model

The rise of Web3 has led to the emergence of a new generation of social media platforms that are built on blockchain technology. These platforms offer a range of new features and benefits that are not available on traditional social media platforms.
From ‘Likes’ to ‘Rewards’: How Web3 is Disrupting Traditional Social Media Model