Legend becomes latest DeFi app to throw in towel
“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby.
Why this matters
This maps to the DeFi hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Sui’s Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
Key Takeaways: With more than $500 million in locked-in tokens, Hashi will launch its phased mainnet launch. The protocol enables...
CFTC proposes a divide between prediction contracts and sportsbook wagers
The Commodity Futures Trading Commission announced two actions on Oct. 9 seeking to clarify the federal regulatory boundary betwee...
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
Aave’s proposed USDG rollover would let borrowers carry their stablecoin debt into a new fixed-yield USDG position, but the replac...
What happens when crypto trades stocks while Wall Street sleeps?
Wall Street closes at 4 p.m., but apparently that's becoming more of a suggestion than a rule. You can now spend the evening watch...
Bitcoin companies are learning that holding forever takes cash
Metaplanet sold 10,000 BTC and bought back 11,000 at a higher average price to show it was willing to sell its Bitcoin. The Japane...
CFTC proposes new swap definition to regulate prediction markets
The CFTC's proposal could redefine prediction markets' regulatory landscape, impacting their growth, jurisdiction, and operational...