Blockchain’s Role in Empowering Survivors – Cointelegraph Magazine

On a typically brisk winter evening in Saket, South Delhi, Jyoti Singh and a male friend enjoyed a trip to the movies to watch Ang Lee’s Life of Pi.  Heading home afterwards they waited at a bus stop, and then boarded a private bus bound for Dwarka at around 9.30pm. But Jyoti didn’t make it home. Six men brutally gang-raped and tortured her while her friend was beaten. On December 29 2012, after fighting for her life for 13 days, Jyoti Singh died. The savage murder of this young woman…

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6 Questions for Sheila Warren of the World Economic Forum – Cointelegraph Magazine

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week our 6 Questions go to Sheila Warren, head of blockchain and DLT at the World Economic Forum. Sheila serves on the executive committee of the World Economic Forum and the leadership team of its Centre for the Fourth Industrial Revolution, working with public-, private- and third-sector actors around the world to advance the adoption of…

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Bouncing ideas around tokenomic design – Cointelegraph Magazine

Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency at Reed College in California. “It took me quite a long time to think of it,” Lu explains about his game theory influenced auction platform. “Everyone was talking about lending and borrowing, and doing Uniswap and providing liquidity. When I looked at this financial channel I think there’s one missing piece, which is auctions.” Lu — who counts Andre Cronje from Yearn.Finance, Kain Warwick from Synthetix…

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Separating fact from fiction – Cointelegraph Magazine

The Democratic People’s Republic of Korea is widely considered to be a state sponsor of cryptocurrency hacking and theft. While multiple United States presidents have attempted to stifle the growth of North Korean nuclear energy development through a series of economic sanctions, cyber warfare is a new phenomenon that can’t be dealt with in a traditional way.  Unfortunately for the crypto industry, DPRK has taken a liking to digital currencies and seems to be successfully escalating their operations around stealing and laundering cryptocurrencies to bypass crippling economic sanctions that have…

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How Blockchain Social Media Will Topple Zuckerberg – Cointelegraph Magazine

Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary report determining that “Facebook’s monopoly power is firmly entrenched and unlikely to be eroded by competitive pressure from new entrants or existing firms,” can blockchain-based social media topple these social media powerhouses, given the unchecked power these giants wield over corporations and individuals? Even beginning to challenge the omnipotence of Facebook, Apple, and Google seems a daunting,…

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WTF happened in 1971 (and why the f**k it matters so much right now) – Cointelegraph Magazine

If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its fast growing fanbase of 10,500 followers. A typical post features a graph that shows how inequality has grown in recent years, inflation has skyrocketed and how ordinary people are being priced out of houses and stocks due to low wage growth. Somewhere on the chart there will be a little arrow pointing at 1971, which…

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How crypto tokens could change our entire experience of value transfer – Cointelegraph Magazine

Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today. Yes, China is close to launching the first central bank digital currency (CBDC) at scale — perhaps within the next 12 months — but if so it will be eclipsed before the decade’s end by CBDC 2.0, i.e., digital currency attached to blockchain-enabled smart contracts. At least, that’s what many think. Programmable money is money with constraints. An analogy…

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Participants at Cointelegraph China’s DeFi Marathon say that Ethereum 2.0 is not the answer to high gas fees

High gas fees for transactions on the Ethereum blockchain are at record highs amid the decentralized finance hype that has attracted many new users to get on board on the Ethereum network. A group of respected computer scientists involved in the DeFi space got together on Sept. 3 for Cointelegraph China’s DeFi Marathon event shared their thoughts on the high gas fee potential solutions. Although they have different opinions on solutions, they all agreed that Ethereum 2.0 is not the answer to high transaction costs. Sergej Kunz, CEO of decentralized exchange 1inch,…

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Is Ethereum left and Bitcoin right? – Cointelegraph Magazine

Hacktivist Bitcoin developer Amir Taaki took aim at Ethereum co-founder Vitalik Buterin on Twitter recently for essentially writing off smart contracts inventor Nick Szabo as a right-wing crank. Taaki wrote that this sort of attitude was typical of an “Eth[ereum] culture which is about sparkling burner parties, privileged digital nomads, microdosing LSD, sex orgies and ‘social-justice’ / vague doing-good.” Pretty much everyone had the same initial thought: “Why aren’t I getting invited to these parties?” But Taaki’s comments also highlighted the political divisions between Ethereum and Bitcoin. Is it really…

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Dan Held of Kraken – Cointelegraph Magazine

Dan Held is a Texan who doesn’t drive a truck, drink beer, love Trump, or watch sports. He’s a tech enthusiast who isn’t into coding. He looks like a typical preppy dude, wearing a white-button-up shirt and carrying a swoop haircut, but he flies drones, tinkers on full nodes, and writes about libertarian principles. He doesn’t match the usual stereotypes. “It’s been hard to reconcile that in terms of where I fit in.” Football, Held says, is a big deal in Texas. Years ago, the growth lead at cryptocurrency exchange…

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