• Voice can shout down Facebook
    Cryptocurrencies,  Technology

    Block.one: With $150 million Voice can shout down Facebook

    After incubating Voice for nine months, Block.one injected $150 million into the social news platform that’s aiming to tackle the rise of fake news

    Now independently operated, Voice is being billed as a “social news platform that rewards users and content creators,” and has the rather ambitious goal of tackling deficiencies in the media industry—namely the proliferation of fake news and concerns over data ownership.

  • QuadrigaCX user data to taxman
    Cryptocurrencies,  People

    Insult to injury: QuadrigaCX user data will be handed over to taxman

    The looted cryptocurrency exchange’s bankruptcy trustee bankruptcy trustee, Ernst & Young,

    The QuadrigaCX cryptocurrency exchange’s bankruptcy trustee, Ernst & Young, announced that it intended to comply with the Canadian tax authority’s request for customer records. Specifically, it is planning to share a database containing the “account balances and transaction data of affected users.”

  • Full MakerDAO decentralization
    Ethereum,  People,  Technology

    Full MakerDAO decentralization moves closer

    The Maker Foundation took a big step toward relinquishing authority over the DeFi lending platform by turning full control of the MKR governance token over to holders

    The Maker Foundation's decentralization announcement came hot on the heels of a post-Black Thursday debt crisis that threatened to force an emergency shutdown of the MakerDAO decentralized lending platform. That was resolved a day earlier by a reverse auction following a series of votes by MKR token holders.

  • MakerDAO debt auction
    Cryptocurrencies,  Ethereum,  Technology

    MakerDAO debt auction achieves its goal, late bidders reap reward

    Bad debt worth millions of dollars has been covered through the debt auction, but compensating people wiped out by 0 dai bids is still being debated

    MakerDAO has nearly wrapped up its first-ever debt auction—an event designed to cover millions of dollars in bad debt triggered by the ether flash crash on March 12. It seems that those who participated in the debt auction early got a bad deal compared with those who waited to take part later.