Once seen as a critical tool for internet platforms to police lewd and objectionable online speech, Section 230 of the Communications Decency Act has gained growing bipartisan support as a law in need of fixing.
Enacted in 1996, Section 230 exempts online platforms from liability for most user-generated speech. President Donald Trump has taken aim at changing the law in a fight against Twitter (TWTR), putting tech giants in legal and regulatory crosshairs that are likely to outlast the current election cycle.
Democrats and Republicans alike voice increasing antipathy over sweeping liability protections that 230 affords to all online platforms — including Facebook (FB), Instagram, YouTube (GOOG) (GOOGL). All told, experts say it’s becoming clear that change is coming.
“If Trump is reelected, frankly even if he isn’t reelected, you might see variations on this proposal coming into some type of effect next year, with a shocking level of bipartisan … Read More
It’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up.
According to DeFi Pulse, there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO Tracker, the ICO market started chugging past $1 billion in July 2017, just a few months before token sales started getting talked about on TV.
Debate juxtaposing these numbers if you like, but what no one can question is this: Crypto users are putting more and more value to work in DeFi applications, driven largely by the introduction of a whole new yield-generating pasture, Compound’s COMP governance token.
Governance tokens enable users to vote on the future of decentralized protocols, sure, but they also present fresh ways for DeFi founders to entice assets onto their platforms.
That said, it’s … Read More