Tag: Centralized

The Top 5 Decentralized Crypto Exchanges to Watch out for in 2018

DEXs are quickly gaining popularity over centralized exchanges because they let regular investors leverage faster trades. As Ethereum co-founder Vitalik Buterin has stated, the focus of DEXs is “NOT satisfying the needs of ‘whales’ and professional traders. Rather, it is in user convenience for regular people.” If DEXs become more user-friendly and offer the advanced trading features common on centralized exchanges, their popularity is likely to surge. A Quick Note on …
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SWIFT Introduces New Centralized Cyber Security Resources

After all of the negative attention the SWIFT team had to deal with over the past few months, it looks like they have finally taken the right decision by doubling down on security. New security resources have been developed, which should help prevent these fraudulent attacks from happening in the first place. The New SWIFT Security Resources With three banks in total being infiltrated by assailants who stole credentials to …
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Is Ethereum’s Mining Getting Too Centralized?

Taking a look at the last 24h mining statistics of Ethereum we can see that dwarfpool has almost 50% of Ethereum’s hashrate. In order to prevent any possibility of the pool being able to start a 51% attack users are advised to switch to any of the competing mining pools. Furthermore, dwarfpool is also increasing it’s fee from 1% to a 2% mining fee in order to encourage users to …
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Are Coinbase User Identity Guidelines A Systemic Risk For Bitcoin?

It is never hard to find a good debate on the Bitcoin subreddits, although some of them are taking things a bit too far regarding imagination. A lot of people are still taking offense to the fact Bitcoin companies are complying with certain government-issued procedures, such as KYC and AML. A side effect of this compliance leads to Coinbase customer disgruntlement, as some people feel like they are being treated …
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