Decentralization
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.
Coinbase’s Latest Move into Media Includes ‘Fact Checking’
Coinbase CEO Brian Armstrong writes that Coinbase would be launching a fact-checking section on its company blog. “The Hash” panel discusses whether Coinbase’s media ambitions are propaganda or a real attempt at creating “decentralized” information.
Venmo Reportedly Halting Some Payments Referring to Palestine
Paypal’s Venmo is halting transactions for some payments that refer to Palestine, according to Rest of World. A number of Venmo users say their payments to the “Emergency Palestinian Relief Fund” are stalled.