What’s holding back DeFi and keeping the masses away
DeFi has the potential to revolutionize finance, but hacks, poor user experience, and a lack of a regulations make many wary, writes Arthur Firstov of Mercuryo.
DeFi has the potential to revolutionize finance, but hacks, poor user experience, and a lack of a regulations make many wary, writes Arthur Firstov of Mercuryo.
Bitcoin fell Friday morning in Asia to trade below US$27,000. Ether and most other top 10 non-stablecoin tokens traded flat to lower. Litecoin gained.
Top blockchain and crypto news: Miners dodge tax bullet. Blur, Binance heat up NFT lending. Chinese cities’ plans reveal nationwide Web3 ambition.
Bitcoin fell 1.36% to US$26,805 in 24 hours. Ether slipped 0.82% to US$1,854.
Bitcoin’s mining difficulty level rose 3.4% on Thursday to an all-time high, as the network’s hashrate also increased to a record high.
Decentralized autonomous organizations are the future of business, writes Lomesh Dutta. The key is designing them to avoid management and voting pitfalls.
Bitcoin fell on Thursday morning in Asia to post the first monthly loss of the year. Ether and all other top 10 non-stablecoin tokens also traded lower.
Virtual assets will receive the same regulatory clarity in Hong Kong as their real-world counterparts, says former Hong Kong SFC regulator Angelina Kwan.
A downturn impacted Bitcoin and Ether, along with the majority of top 10 non-stablecoin cryptocurrencies in Wednesday’s Hong Kong trading session. XRP remained the sole exception, maintaining its positive performance from the morning.
Tether, the issuer of the world’s most traded stablecoin, will invest in power generation and Bitcoin mining in Uruguay to tap the country’s renewable energy resources, the company said on Tuesday.