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CATEGORY: highlights


Mar 10, 2025 05:55

Backlash Over Bitcoin Reserves Highlights Unrealistic Industry Expectations

The US Bitcoin reserve fails to meet investors’ expectations, causing disappointment following the Trump administration’s crypto summit. Despite high hopes and anticipation surrounding the event, the outcome left many in the cryptocurrency community feeling let down. The summit, which aimed to address the regulatory landscape for digital assets, fell short of delivering concrete solutions or [...]

The post Backlash Over Bitcoin Reserves Highlights Unrealistic Industry Expectations appeared first on Crypto Breaking News.

May 22, 2023 02:50

Vitalik Buterin highlights Ethereum (ETH) consensus limitations

Ethereum (ETH)‘s co-founder recently published a blog warning against overloading the Ethereum consensus. The post revealed several developers and users watching to ensure correct chain recovery upon crypto-economic consensus failure. Buterin highlighted that the post was to clarify that some practices might lead to systemic risks. He added that players should avoid such a subset …

<p>The post Vitalik Buterin highlights Ethereum (ETH) consensus limitations first appeared on CCNC | Cryptocurrency Newscast.</p>

Daily highlights and impressions of NEARCON 2022: day three

Author: noreply@blogger.com (Unknown)
United States
Sep 16, 2022 06:30

Daily highlights and impressions of NEARCON 2022: day three

It was a remarkable closing day for the largest NEARCON ever. The Near Protocol (NEAR) conference was filled with an air of excitement as entrepreneurs, business development professionals, and investors gathered in an effort to work together to build something that goes beyond the crypto industry, something that is meaningful, impactful, and revolutionary.

You can read my day one recap here while my day two recap can be accessed here.

Among the latest Near Protocol updates that were made on the final day were:

  • Switchboard, a permission-less, customizable, multi-chain oracle protocol for general-purpose data feeds & verifiable randomness, teamed up with NEAR to provide app developers with the best tools and data.
  • NearPay, a crypto-to-fiat bridge, is in the process of launching its physical debit cards.

On this last conference day, a number of important cryptocurrency topics were discussed, including stablecoins, mass adoption, crypto banking centralization, and sustainability.

In a conversation with Marieke Flament, USD Coin operator and Circle CEO Jeremi Allaire discussed stablecoins’ success. He said:

More and more people and institutions are realizing that this is a very convenient form of exchange, a convenient form-factor, a dollar. And it has capabilities of public blockchains: high degree of security, privacy insurance, low-cost transmissions. We see a lot of growth and demand to use it around the world in emerging markets.

Furthermore, Decentral Bank, a DAO that maintains NEAR-native USN stablecoin, participated in the session “The Stablecoin Tradeoff: Decentralization vs. Mass Adoption.” The discussion focused on whether crypto banking should be centralized in order to promote mass adoption, and how to avoid compromising decentralization goals.

Elena Shiltseva, the CPO of Roketo Business, a crypto streaming solution, during the discussion on “Crypto Native vs. Fintechs for the Future of Payments and stated:

Payments in Web3 face a number of adoption challenges. New businesses are striving to come to Web3, but they are used to Web2 experience. They also aim to manage payments across different currencies and blockchains. Our main goal at Roketo is to provide the best payment experience for DAOs in Web3 businesses. We have recently released an alpha version and onboarding first users.

As opposed to many other blockchains making the news, NEAR is active in reducing its carbon footprint, not just with offsets, which are often criticized for not being enough, but by reducing the carbon footprint in general, which is now possible with NEAR’s very core design solutions: Proof-of-Stake and sharding.

Regenerative economics – also known as ReFi – has been given stage time in accordance with these values. Emiliano Gutierrez from RAIZ, a Lisbon-based vertical farming startup, presented a fascinating case of how DeFi can be used to address the food crisis during the discussion on “Why We’re Backing the ReFi Movement”. Gutierrez said:

We decentralize access to more vertical farms worldwide. Instead of a single entity having to finance the farm in itself, we can empower communities in need to finance and deploy their own farms. There are two key factors here: scalability and traceability. Through DeFi, ReFi and blockchain technology we can accelerate the deployment of more vertical farming worldwide and trace their impact. By leveraging data and different solutions we can actually off-chain data bridged on-chain to see how much impact we are actually generating in terms of water, energy used and land saved, so that we can empower communities to grow more with less and grow more local food.   

A revealing look at NEAR’s history was provided by Illia Polosukhin during one of the last talks. He then introduced NEAR Digital Collective (NDC), a community-driven initiative aimed at increasing ecosystem-wide decentralization through transparent governance.

See you next year at NEARCON

Alex Shevchenko, the CEO of Aurora Labs offered some parting remarks. Invezz previously covered the news of Aurora Labs’ $90 million launch of a token fund built on the Near protocol.

Shevchenko stated:

I am at NEARCON and it’s the last day of this great conference. It is sunny, the weather is much better than the previous two days and lots of great Hackathon submissions here, lots of great connections, an insane amount of people, over 2,500 people visited NEARCON this year. I am super excited about this conference, about the opportunities that it brings to everybody including Aurora. See you next year at NEARCON in Lisbon.

I attended a closing party in the evening. It was a packed house that danced their hearts out late into the night. Joy and unity filled the room as people felt part of something amazing we are creating together.

The post Daily highlights and impressions of NEARCON 2022: day three appeared first on Invezz.



from Cryptocurrency – Invezz

Daily Highlights & Impressions of NEARCON 2022: Day Two

Author: noreply@blogger.com (Unknown)
United States
Sep 14, 2022 11:20

Daily Highlights & Impressions of NEARCON 2022: Day Two

There was no shortage of inspiring NEAR projects and people on the second day of NEARCON. While the previous day of the conference provided an overview of projects and the foundation of the ecosystem, the second day offered more insight into what is being built. There was a clear message that the open web is more than just financial products; it covers gaming, NFTs, DAOs, DeFi, etc.

My day began with a side-event organized by Kikimora Labs, where people could discuss a range of topics over breakfast. I had the pleasure of meeting and talking to many interesting people in an informal setting.

Decentralization Matters 

As the conference sessions began, a series of talks explored decentralization from different perspectives, highlighting challenges and offering achievable goals in terms of privacy, governance, and community management.

Co-founder of SWEAT, Oleg Fomenko, shared updates, insights, and opinions on Sweat Economy and the move-to-earn trend in the NEAR ecosystem. The notable exchanges have listed SWEAT so far, including OKX, Bitfinex, FTX, Kucoin, and Bybit. 

In the words of Erik Trautman, Author at NEAR Protocol, the core principle of NEAR is to help others to make something people want. The core principle defines a number of subcomponents, including:

  • It’s about ecosystem first, not individuals 
  • It’s about being open and pragmatic, not dogmatic or closed 
  • It’s about growing and evolving constantly, not settling into today’s solution. 
  • It’s about making it feel simple to build and use 

“Why are we decentralizing? In the Foundation our main question is: how do we accomplish things indirectly? Our goal is certainly not to drive the ecosystem, we want to make ourselves irrelevant over time. Here is where decentralization becomes relevant. In terms of the journey, we have to start with the core team and a core idea, but at one point we take off the rocket booster and hopefully, something is in orbit. This is the design goal we are going for. How over five years can we come to the point where an ecosystem can exist without Foundation?” Erik Trautman said.  

Vasilya Rafikova and Sofia Kachula from Open Web Sandbox spoke about decentralized leadership within the NEAR community, where everyone contributes to collective decision-making: 

“Technologies are just a tool. People must be empowered by external factors to take initiative, be active and deploy these opportunities. To enable collaboration between projects and individual contributors, the initial plan for Open Web Sandbox was to be a playground. A free space where everyone can learn about NEAR Protocol, create something valuable and get rewarded for contribution.”

Anoma Co-Founder Adrian Brink discussed resilience, sovereignty, and privacy: 

“We see that democracies everywhere around the Western world are slowly decaying, and they won’t be around forever to protect us throughout the open market. By controlling what can be known about us and done to us, we are protecting us from those who aim to exact control of our data and ultimately of all aspects of our life. Privacy is what allows people in falling regimes to protect themselves against an overreaching power of that nation state. The financial data we hold is some of the most important data to us. Because it fundamentally reveals what books you buy, what movies you watch, what health insurance you use and even where you live. Now we can build privacy solutions on NEAR,” he said. 

The co-founder of NEAR Protocol, Illia Polosukhin, echoed these remarks:

“One of the pitfalls of democracy is that some people don’t want to participate in democracy, while those who are more active end up more represented because they do more work, they go, they vote, and they put more effort into elections. But we have tools to coordinate people to come together, and DAOs are one of the tools,” he said. 

Impressions 

“This is an important time for the NEAR protocol because it has two major challenges to overcome: the crypto winter and the increased competition between blockchains. The strongest will win – NEAR will be among them. Why? Just feel NEARCON’s vibe, people come together to win,” Dmitry Grebenyuk, CPO at MyNearWallet, said. 

“NEARCON is an excellent opportunity to build and strengthen connections within the NEAR ecosystem. There is no doubt that Web3 will become something massive in the near future, and NEAR is taking concrete steps right now to ensure that happens. Events like this are the essence of opportunities, gathered in one place, and it lets us all feel that the future is in our hands,” said Kikimora Labs co-founder Eugene Rid.

Later in the evening, my new friends, Rocketo, invited me to an after party sponsored by them. I made great new acquaintances and had a lot of fun there.

The post Daily Highlights & Impressions of NEARCON 2022: Day Two  appeared first on Invezz.



from Cryptocurrency – Invezz

Feb 28, 2025 06:05

US Rep. Steil highlights massive cryptocurrency opportunity amidst shifting political landscape

The evolving political environment presents a significant opportunity for the cryptocurrency industry, as highlighted by US Representative Bryan Steil. The intersection of politics and digital assets is a compelling space where innovation and regulation meet. Steil emphasized the need for policymakers to better understand the potential benefits of cryptocurrencies and blockchain technology. Steil acknowledged that [...]

The post US Rep. Steil highlights massive cryptocurrency opportunity amidst shifting political landscape appeared first on Crypto Breaking News.

Feb 11, 2025 05:50

Top Highlights of Teslas Q4 Profits from Bitcoin and the Potential of BTC Collateral, as Discussed by Crypto Executives

Tesla’s Q4 Bitcoin profit presents an opportunity for using BTC as collateral, say executives. Tesla’s recent announcement of turning a profit from its Bitcoin holdings in Q4 has sparked discussions among company executives regarding the potential opportunities of using Bitcoin as collateral. This move could potentially unlock new avenues for financial leveraging and strategic decision-making [...]

The post Top Highlights of Tesla’s Q4 Profits from Bitcoin and the Potential of BTC Collateral, as Discussed by Crypto Executives appeared first on Crypto Breaking News.

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