From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market’s decline.
125 Total views
23 Total shares

Related Posts


Tim Draper-backed crypto derivatives exchange raises $18M
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. 1839 Total views 15 Total shares A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform's launch by securing another major raise.GlobeDX announced Wednesday that the firm has successfully raised $18…

Gensler testimony – crypto enforcement actions driven by “wide-ranging noncompliance”
SEC chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. financial services committee. 118 Total views 2 Total shares The U.S. House Financial Services Committee will hear how the Securities and Exchange Commission (SEC) is changing its oversight and rules to keep

Dems and Reps join forces to pressure SBF to testify before Congress
“Your willingness to talk to the public will help the company's customers, investors, and others," said House Financial Services Committee chair Maxine Waters, addressing SBF. Own this piece of crypto history Collect this article as NFTThe leadership with the United States House Financial Services Committee have separately called on former FTX CEO Sam Bankman-Fried to…

Famous analyst calls $43K Bitcoin price ‘logical’
Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger. 10171 Total views 35 Total shares Bitcoin may have lost 35% since its all-time highs of $64,500, but its current price is actually “logical.”That’s according to veteran analyst John Bollinger, creator of the Bollinger bands trading…

Arca secures $10M in Series A funding as traditional financiers back crypto
Arca will use the funding to beef up its infrastructure and expand its crypto asset-class offerings. 650 Total views 5 Total shares Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and…

DOGS token sets memecoin record with 17M users on The Open Network
According to the TON community, the DOGS airdrop’s success could be trumped by the upcoming Hamster Kombat and Catizen airdrops, set for September.

Demand for digital euro not yet clear, says BBVA exec
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. 331 Total views 3 Total shares An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet.Pablo Urbiola…

Vitalik Buterin supports lowering Ethereum solo staking requirement
Buterin aims to reduce Ethereum’s staking requirements, supporting increased decentralization by encouraging solo staking.