In doing so, New York City is reclaiming its standing as a leader in what has long been a digital revolution. New York City mayor Eric Adams is leading this exhilarating change. Now he’s doubled down on the potential of cryptocurrency and blockchain technology. This impactful legislation seeks to position...
Mayor Adams' continued embrace of cryptocurrency for New York City feels less like visionary leadership and more like a high-stakes gamble with taxpayer money. The promise of this kind of innovation and economic growth is pretty exhilarating. A deeper dive reveals a number of surprising traps that would result in...
The market's buzzing. Bitcoin’s dancing with record highs, Ether’s vibing, hell, even Nasdaq’s doing a bit of a scamper. All due to the magic of this surprise US-China tariff haircut. Come on, deep down aren’t we all that shocked right now? Governments gonna govern, markets gonna react. What is surprising,...
The words hang in the air like the smell of roasting chestnuts in December. As comfortable as they seem, there is an undertone of trepidation. Is this radical leap into the future? Or is it a dangerous gamble of taxpayer dollars that could leave New Yorkers holding the bag? You...
DeFi lending protocols, such as Aave and Compound, are driving the recovery, showing a strong upward trend and gaining more market share. In terms of usage, these protocols have experienced fantastic expansion, as open borrows have skyrocketed by nearly 960% from Q4 of 2022 to Q4 of 2023. With crypto...
The numbers don't lie. Centralized finance (CeFi) lenders imploded and brought billions of customer deposits with them. At the same time, DeFi lending went to work recreating itself. We’re no longer just debating lending protocols—most of which have deployed inflationary governance/utility tokens to boot—that are comparable in TVL to DEXs....
The DeFi (Decentralized Finance) landscape is ever-changing, with new sectors of the space rising to the forefront and making noise on various weeks. Most recently, DeFi lending protocols took the lead over Decentralized Exchanges (DEXs) in Total Value Locked (TVL). As of October 2023, DeFi protocols have climbed to a...
In recent years, stablecoins have become a bedrock of the entire cryptocurrency market. They produce an important conduit between established monetary and the burgeoning world of digital belongings. Of all the different types of stablecoins, USD Coin (USDC) and Tether (USDT) have emerged as the top two beacons of stability....
The numbers don't lie. DeFi lending’s Total Value Locked (TVL) is through the roof! It’s overtaken decentralized exchanges (DEXs), proved that sustainable yields are possible and reanimated the crypto lending scene. Can we, at the very least, question whether we’re seeing the complete picture? While DeFi lending's growth offers legitimate...
Ripple's financial contributions to Donald Trump, Russia's interest in crypto trading platforms, and crypto firms' pursuit of U.S. banking licenses highlight the evolving landscape of digital finance. A leadership shakeup in the popular DeGods NFT project is bringing new trade to life NFTs. At the same time, Kyrgyzstan has partnered...
