Crypto Biz: The biggest problem with DeFi isn’t what you think
Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Aave and Lido lose $1.7B in massive DeFi capital drop after the Binance hack
Stablecoin contraction was evident before the breach, while Aave's temporary freeze showed how collateralized loans can coexist wi...
DeFi Explained
DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending mar...
Two Prime CEO Calls Bitcoin Yields From Babylon and Stacks ‘VC-Funded Subsidies’
Alexander S. Blume, CEO and co-founder of bitcoin lender and asset manager Two Prime, said yields from what he called bitcoin laye...
BNB Chain CBO Thomas Chen flags tokenization’s last-mile problem at TOKEN2049
Tokenization's growth hinges on developing user-friendly distribution channels to ensure practical utility beyond speculative trad...
Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards
Minting Canton Coin (CC) as network rewards without registering it under the securities laws won’t draw an SEC staff enforcement r...
ChatGPT AI Predicts: Will Crypto Recover? How Low Could We Go?
Bitcoin (BTC) is near $77,000 and Ethereum (ETH) nears $2,260, about $1,342 below where ETH USD price was a year ago. Bitcoin’s pe...