CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said.
Decentralization News

What is decentralization? A decentralization definition is that it is the process of distributing and dispersing power away from a central point. Most financial and governmental systems in the traditional mainstream world are centralized, meaning they are controlled and managed by a single authority.
There are several crucial disadvantages to this approach, stemming from the fact that any central authority also plays the role of a single point of failure in the system: Any malfunction at the top of the hierarchy, whether unintentional or deliberate, inevitably has a negative effect on the entire system.
Centralization can also be present on a technical level. Hacking one of a centralized entity’s main points of failure, such as a database, could affect the entire entity and its network.
Decentralization spreads power and information across multiple points. Decentralization advantages can include greater security and diversified control.
Bitcoin was designed as a decentralized alternative to government money and, therefore, doesn't have any single point of failure, making it more resilient, efficient and democratic. Its underlying blockchain technology allows for this decentralization, offering every user an opportunity to become one of the network's many payment processors. As a whole, the crypto industry values decentralization, with projects building on various blockchains and distributed ledger technologies, or DLT
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DeFi promised to rebuild the financial system from the ground up. Moving from early experiments to everyday utility demands an upgrade.
2148 - News
Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base.
6122 - News
Hyperliquid’s rapid response may boost confidence in decentralized trading platforms, which are gaining market share.
2467 - News
Making the US energy grid more resistant to shocks and maximizing grid uptime is central to the Trump administration’s AI strategy.
3832 - News
The value of Bitcoin has grown substantially since the BTC community asserted independence from miner domination on Aug. 1, 2017.
4820 - News
Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.
13712 - Opinion
DeFi’s future depends on embracing institutional investors, whose capital, credibility and demand for stability are shifting DeFi from a speculative playground into a mature, trusted financial ecosystem.
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THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra.
4785 - Opinion
Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves.
7806 - Opinion
TON, the blockchain natively integrated into Telegram’s 900 million-strong user base, is poised to become the first everyday blockchain by 2027, offering a user experience that makes Web3 feel like Web2.
3348 - Use Case
Built on Ordinals, this protocol supports DeFi applications and crosschain functionality on Bitcoin, without relying on custodial bridges or wrapped tokens.
10855 - News
Monero is facing a controversial, economically powered hashrate takeover attempt by Qubic, a mining pool and crypto network led by Iota co-founder Sergey Ivancheglo.
9140 - Newsletter
The passage of the GENIUS Act is bringing renewed investor interest to Ether and Ethereum-native yield-generating opportunities.
2817 - Opinion
Reliance on centralized cloud infrastructure and the IRS’s proposed “mega API” expose vulnerabilities in data privacy and accountability that decentralized technologies can address.
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