[ad_2][ad_1] If you’ve been following DeFi on Twitter, you’ve probably heard of the name “DegenSpartan”. The pseudonymous investor, believed to be based in Asia, has become one of the most popular voices within the Ethereum and DeFi community, having entered this crypto industry very early on. The fact is, no …
Read More »Decentralized finance + blockchain + Ethereum: DeFi’s formula for success
[ad_2][ad_1] Decentralized Finance (DeFi) is a new movement that is fueling – and is powered by – the cryptocurrency industry. It provides a means to recreate traditional financial structures in a decentralized architecture without the involvement of governments or other financial institutions. Decentralized finance is now an umbrella term for …
Read More »Sam Bankman-Fried believes even ETH 2 cannot handle DeFi’s growth potential
[ad_2][ad_1] Sam Bankman-Fried, cofounder and CEO of FTX Exchange, believes that Ethereum cannot handle the growth of decentralized finance. Speaking with Camila Russo from Rebel podcast, Bankman-Fried said the Ethereum blockchain is limiting the development of DeFi and the only way around it is to build on other networks. “At …
Read More »Blockchain Bites: DeFi’s Harvest Hit, IRS ‘Crypto Clarification, Buoyant Bitcoin Note by JPMorgan
[ad_2][ad_1] The IRS has cleared up some questions about cryptocurrency disclosure for the upcoming fiscal season. A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” gains for bitcoin. Upper shelf Cryptographic GuideThe US Internal Revenue Service has made it clear that mere holding of cryptocurrencies does …
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