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Yesterday’s (November 18) Cloudflare outage caused billions of dollars in losses as the internet seemingly came to a standstill. The disruption affected many users trying to access X, Truth Social, Reddit, ChatGPT, Coinbase, Ledger, BitMEX, DefiLlama, and many more. Ironically, many of the affected platforms and websites were crypto-related, a sector that promotes decentralization. However, … Read more
Key Takeaways Péter Szilágyi, lead developer for Ethereum’s Geth client, publicly criticized the Ethereum Foundation’s centralization and Vitalik Buterin’s dominant influence over protocol decisions. Szilágyi warned that the current governance structure risks protocol capture by insiders, undermining Ethereum’s decentralized ethos. Share this article Péter Szilágyi, a lead developer for Ethereum’s Geth client, has raised concerns … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. What a golden age we live in! Bitcoin (BTC) is booming, and everywhere you look, someone’s offering you a chance to earn more. Summary Centralized crypto’s allure and risk — Big exchanges, … Read more
Pi Network price continued its downward trend on Saturday as concerns about its centralization and token unlocks remained. Pi Coin (PI) dropped to $0.7040, down by over 57% from its highest point this week. This decline in a volume environment led to a $6 billion wipeout as the market cap moved from $11 billion to … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s 2025, and nearly half of the world still doesn’t have adequate extreme weather alert systems. Seriously, some parts of the world are pretty much completely left in the dark — that’s … Read more
New research on Ethereum suggests a decentralized random block proposal system to replace the current architecture that has concentrated power among a few entities. Despite Ethereum’s (ETH) shift to Proof of Stake and adoption of Proposer-Builder Separation (PBS), approximately 80% of Ethereum blocks are currently proposed by just two entities. This concentration undermines the network’s … Read more
Miles Jennings, general counsel for a16z, argued that traditional regulatory approaches, such as antitrust measures, often fail to address the real issues of centralization. According to an blog post by Jennings, centralized control in technology, finance, and artificial intelligence creates significant consequences—limiting public discourse, financial access, and the flow of information. Big Tech, Big Banks, … Read more
Key Takeaways Hyperliquid denies allegations of selling validator seats and outlines future decentralization efforts, including a delegation program. Community feedback highlights issues with closed-source code and validator selection, prompting Hyperliquid to pledge improvements. Share this article Hyper Foundation denied allegations about its validator selection process for the Hyperliquid perpetuals trading platform and Layer 1 blockchain … Read more
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