conversely

Moonbeam, Diode Collaborate on Launch of DePIN Platform to Replace Traditional VPN, Web2 Products

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Time Stamp: January 30, 2024 12:57 PM - Modified On: January 30, 2024 - Published By:
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Republished By Plato

Diode chooses Moonbeam to deploy suite of blockchain solutions that align with Polkadot founder Gavin Woods’ original vision for Web3 [SINGAPORE] – Moonbeam Network, a smart contract platform for building cross-chain connected applications, today announced the launch of Diode’s secure and decentralized communications platform. Diode’s solution is part of a movement known as DePIN, or “decentralized physical infrastructure network,” where blockchain protocols operate real-world infrastructure in a decentralized manner. Providing a censorship-resistant alternative to traditional products like VPN, Slack or Microsoft OneDrive, Diode’s massively scalable platform helps to bring about

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:38 AM - Modified On: July 1, 2023 - Published By:
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Republished By Plato

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an