The 2022 meltdown is not the first time that the risks of “Centralized DeFi” products have been laid bare.
CoinDesk
Crypto Trading Platform Uphold Exits Venezuela, Cites US Sanctions
The company said it made the decision because of the “increasing complexity of complying” with penalties imposed by the U.S.
CoinDesk
Uphold Integrates Ledger Tools to Boost Crypto Storage Solution
Payments startup Uphold is implementing hardware and software from Ledger’s Vault to improve its cold storage solution for investors.
CoinDesk
Deploying Censorship-Resistance to Uphold Decentralization
This piece on censorship resistance was written by Jonas Sevel Karlberg. Karlberg advises several prominent projects and is a co-founder of the Nordic Blockchain Association. He is also the founder and CEO of Amazix.
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Governments have attempted to control ideas and information for nearly as long as the internet has existed, but the old social constructs they created are crumbling. State decrees on what information is safe to consume, which services are legal to use, and who is allowed to produce valid knowledge are no longer the policing principles of the internet.
Uphold Adds Ripple (XRP) Buy / Sell Options to Its Digital Money Platform
Uphold, a cloud-based digital money platform enabling users to buy, hold, convert and transact various currencies, commodities, and cryptocurrencies, has now launched the trading of Ripple’s XRP.
Uphodl XRP
Uphold users are now able to purchase XRP directly from the website with no transaction fees for the first 5 million XRP purchased, and they may convert the cryptocurrency into seven other cryptocurrencies, 23 fiat currencies, and four precious metals.
In a press release published earlier today, Uphold CEO Adrian Steckel explained:
There has been huge demand for XRP, and Uphold is one of the first platforms to make XRP easily accessible.
Voxelus Virtual Reality Coin Pre-Sale Has Begun
There seems to be a golden opportunity for digital currency to go hand-in-hand with the emerging trend of virtual reality. Voxelus, which calls itself the “official coin of virtual reality” is well on its way to achieving many great things, assuming the team can deliver on their promises. So far, their public crowdsale on ShapeShift.io is going quite well.
Also read: NextBank Aims To Offer Global Blockchain-based Financial Services