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Decentralization
What Do TradFi Crypto Moves Mean for Decentralization?
U.S.-based spot ether ETFs have entered the third day of trading with most of the products in the green for flows. The success of spot ether and bitcoin ETFs in the country shows growing interest from institutions in digital assets. In an exciting time like this, CoinDesk's Jennifer Sanasie takes a step back to reflect on what the institutional interest means for the overall crypto industry and its ethos of decentralization.
Decentralization in Focus
Host Joel Flynn discuses whether the developments in decentralization can bring back trust in the crypto industry. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Lido Gearing Up For Ethereum's Upcoming Shanghai Upgrade
Lido, the biggest liquid staking platform on the Ethereum blockchain, opened a snapshot vote on its version 2 (v2) upgrade, which includes a "Staking Router" said to ease the onboarding of different validator subsets. The second element of the v2 upgrade will allow users to redeem Lido’s flagship stETH tokens for the underlying ether tokens once Ethereum’s Shanghai upgrade, more accurately known as "Shapella," hits. "The Hash" panel discusses what this means for the Lido community and the future of decentralization.
Rebuilding Trust in Crypto After FTX Collapse
In the wake of FTX's fallout, "Crypto is Macro Now" Economist Noelle Acheson argues that the industry had a lot of singular trust in Sam Bankman-Fried despite being built on the principle of decentralization. Acheson joins "First Mover" to discuss what it will take for crypto to gain trust again and she reacts to Genesis' crypto lending arm pausing customer withdrawals.
The Case for DeFi Amid FTX Fallout
"The Hash" panel discusses the meltdown of Sam Bankman-Fried's crypto trading empire FTX and what the fallout means for the future of decentralization.
Unstoppable Domains Exec on Future of Web3, Diversity in Crypto
Unstoppable Domains has partnered with CryptoConexión and H.E.R. DAO LATAM to create Unstoppable Women of Web3, which aims to onboard more than 5 million Latinas into the Web3 space by 2030. Unstoppable Domains SVP and Channel Chief Sandy Carter shares insights into the education initiative. Plus, her take on the future of decentralization and diversity in crypto.
BNB Smart Chain Resumes Operations After Major Exploit, $100M in Crypto Drained
Initial token movements suggested that up to 2 million BSC tokens, worth roughly $570 million at the time, were targeted by an attacker late Thursday, but Binance CEO Changpeng Zhao estimated in a tweet the attacker was only able to get away with $100 million of that. BNB Chain also tweeted that $7 million of that amount was already frozen. "The Hash" discusses the implications of cross-chain security and decentralization, and what this suggests about the future of the crypto ecosystem.