The Sui network’s validators voted to return $162 million in frozen funds from the Cetus exploit, sparking a debate about the balance between security and decentralization in blockchain.
Tag: Decentralization
Ethereum Foundation Dives Deeper into DeFi: Borrowing GHO Signals Strategic Shift
The Ethereum Foundation’s recent $2 million loan in GHO, Aave’s decentralized stablecoin, highlights a growing trend towards utilizing DeFi for treasury management and potentially reducing ETH sell-offs.
Tim Berners-Lee Regrets Centralized DNS: What This Means for Web3
World Wide Web inventor Tim Berners-Lee recently stated he would have made the internet’s DNS more decentralized if building it today. This highlights the ongoing debate about centralization and its impact on censorship resistance and control.
Ethereum Foundation Dives Deeper into DeFi: $2M GHO Loan Signals New Treasury Strategy
The Ethereum Foundation’s recent $2 million loan in GHO, a decentralized stablecoin from Aave, signifies a strategic shift towards active participation in DeFi for treasury management.
Sui Validators Vote on $162M Cetus Recovery Plan: Centralization Debate Sparks
Sui-based DEX Cetus faces a governance vote on a $162M recovery plan following a recent exploit. This raises questions about centralization and the future of DeFi security.