Decentralization
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?
Signal CEO Moxie Marlinspike Steps Down, Is He Right About Web 3?
Moxie Marlinspike has stepped down as chief executive at Signal, the encrypted messaging app he founded in 2014. WhatsApp co-founder Brian Acton will serve as interim CEO. “The Hash” team discusses what could be next for Marlinspike amid his critiques of Web 3 for not being truly decentralized as its proponents claim.
Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
The beloved NFT project Pudgy Penguins voted out its founders Thursday after they allegedly failed to deliver on stated goals and drained the treasury of funds. Some argue the entire project should be decentralized, potentially an industry first. "The Hash" squad discusses the latest battle for control, raising governance questions surrounding NFT communities and what this means for the fate of Pudgy Penguins.
Key Takeaways From Crypto CEOs' Capitol Hill Hearing
The House Financial Services Committee convened Wednesday morning with executives from six major cryptocurrency companies to discuss digital assets and stablecoins. CoinDesk's Galen Moore shares insights into the main takeaways and reactions to Bitfury CEO Brian Brooks making a case for decentralization.
Bitcoin Reclaims $1T Market Valuation
Nick Mancini, senior research analyst at Trade the Chain, discusses what he thinks are the catalysts behind bitcoin’s price rally, which has pushed its market capitalization back above $1 trillion, a level not seen since May.
Binance to Ditch Decentralized HQ Concept?
Crypto exchange Binance plans to abandon its long-standing "decentralized headquarters" concept as it faces increasing regulatory scrutiny from global lawmakers. "The Hash" team discusses the latest continuation of Binance's attempts to get ahead in its regulatory positioning.
Binance-Backed Travala Launches Dtravel, a 'Decentralized Airbnb'
Binance-backed Travala has launched Dtravel, which some say is comparable to a "decentralized Airbnb." The project will be run as a DAO with the Dtravel token (TRVL) to facilitate decision-making. "The Hash" panel digs into the rollout of the product, suggesting the feasibility and pros and cons of such a service.
