centralization News

NFT marketplace giant OpenSea has reportedly blacklisted a customer for interacting with Ethereum-based cryptocurrency mixer, Tornado Cash, which was recently sanctioned by the U.S. Treasury.  Is OpenSea Next to Wield the Hammer on Tornado Cash Users? An OpenSea user took…

Tron CEO Justin Sun has allegedly carried out a hostile takeover of the Steem blockchain using STEEM token deposits held in major crypto exchanges like Binance and Huobi. The alleged takeover has seen a scheduled soft fork of the blockchain…

Weiss Ratings has downgraded their rating for EOS, citing concerns about centralization and the project’s lack of capability to fix these systemic issues, June 7, 2019.  Cracking Down on EOS EOS has been the subject of intense debates within the…

Bitcoin Cash SV (BSV), a new token that recently emerged from the Bitcoin Cash hard fork on November 15, 2018, is currently vulnerable to double spending. According to an uploaded video on December 8, 2018, Vimeo user Reizu demonstrated that…

Starteos, one of the 21 block producers of the EOS blockchain has reportedly announced it would share part of its profits with users who hold its tokens, as a way of appreciating its voters, Finance Magnates reported Dec. 4, 2018.…

Ever since Vitalik Buterin and other co-founders launched Ethereum in 2014, the problem of scalability has always been part of the conversation, with Ethereum developers all in agreement that a period of theoretical problem-solving leads to the challenge of developing…

Bitcoin advocate and writer Andreas Antonopoulos addressed a gathering of listeners on June 2, 2018, to answer questions on the cryptocurrency industry. He has most notably authored several books explaining blockchain technology and cryptocurrency as well as offering his expertise…

Built on the ethos of a completely decentralized network, Bitcoin’s protocol is unfortunately maintained by profit-driven mining entities like Bitmain, that place greater interest in their own benefit rather than the technology’s. Now, the mining giant is looking to achieve…