Bitcoin24h $66,129.12-2.23%

Ethereum24h $1,917.37-1.67%

XRP24h $1.39-0.82%

BNB24h $609.80-1.49%

Solana24h $80.34-4.15%

TRON24h $0.2849-1.44%

Dogecoin24h $0.0963+0.41%

Bitcoin Cash24h $531.96-6.68%

Cardano24h $0.2711-0.48%

UNUS SED LEO24h $8.10-0.92%

How decentralized is DeFi, really?

How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?

Opinion: FTX fall stresses centralization vs decentralization debate

While decentralization is one of crypto’s main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.

Cuban claimed in a Twitter thread that the value of a crypto token is determined by the apps it can run and its overall utility.

BitDAO has called out Alameda Research to demand proof that it didn’t break an agreement to not sell each other’s tokens.