The launch by 1inch's independent board is a major step forward in the decentralized finance (DeFi) organization’s progress towards becoming a full-fledged DAO, or—as the announcement puts it—take “governance in the DeFi space to a new level.”
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- SEC Commissioner Hester Peirce hopes better crypto regulation is coming post-election (Photo: Leo Jakobson)
SEC’s Hester Peirce: Post-election crypto regulation needed
From stablecoins to decentralized exchanges, regulators are struggling to regulate a moving target said the SEC Commissioner known as “Crypto-Mom”
One concern that the agency has with the regulation of cryptocurrency assets is that while promoters stress the advantages they bring by eliminating intermediaries, securities regulators have long worked with intermediaries in functions such as anti-money-laundering and are comfortable with them.
- John William Waterhouse's "Consulting the Oracle" at Delphi in ancient Greece (Photo: WikimediaCommons/US-PD)
With new price oracle, Coinbase wades into DeFi
The crypto giant says current methods used to verify prices are deeply flawed, but claims its oracle could reduce ‘systemic risks’
Aiming to "reduce systemic risks" in the DeFi ecosystem, Coinbase is launching a new price oracle that will provide up-to-date rates on BTC/USD and ETH/USD every 60 seconds.
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‘Don’t Vote McAfee’: A presidential ‘un-hopeful’ talks privacy and why the president is powerless
Presidential candidate and controversial crypto enthusiast John McAfee spoke to Modern Consensus about the importance of privacy, DEXs and, of course, the Kennedy assassinations
Before the presidential campaign, John McAfee had long been known in the crypto space for his contentious Twitter account, where he used to promote altcoins in between tweets about bitcoin’s price (with infamous phallic bets) and alternate history. Now, however, the altcoin promotions are off the table—but the conspiracy theory claims are definitely not—as McAfee gears up for a 2020 U.S. presidential campaign that has the catchy slogan, “Don’t Vote McAfee.”