A lively debate on Reddit Friday resurfaced the discussion of whether the computing infrastructure built on top of Ethereum is too centralized. The post Ethereum’s centralized dApps may overshadow the decentralization of proof-of-stake appeared first on CryptoSlate.

Disney Accelerator is a program that supports collaborations between Disney and “venture-backed, growth-stage start-ups with a vision for making an impact on the future of technology and entertainment.” Each year, it welcomes a new cohort of companies and has chosen three web3 companies to join its program. The post Disney Accelerator announces Polygon, Flickplay, Lockerverse in the class of 2022 appeared first on CryptoSlate.

CNBC reported Wednesday night that Celsius has informed: “state regulators that it’s filing for bankruptcy ‘imminently.” The company will move toward chapter 11 bankruptcy as it struggles to deal with its liquidity issues. The post Celsius officially declares bankruptcy after paying down DeFi loans appeared first on CryptoSlate.

A filing in the United States Bankruptcy Court of the Southern District of New York states that the liquidators of Three Arrows Capital have been unable to communicate with the founders “in any meaningful way.” The location of founders Zhu Su and Kyle Livingstone Davies is currently unknown as they continue to hide from the The post 3AC founders in hiding, offices abandoned as court filing cites fear that assets may be “disposed of” appeared first on CryptoSlate.

A new free mint NFT project called The Saudis has reached the number 1 spot on OpenSea on launch day, hitting 4,774 ETH within the first 24 hours. The post The Saudis hits number 1 on OpenSea as bots claim free mint, scammers attack Discord appeared first on CryptoSlate.