DeFi Is Losing the Race to Become the Future of Finance
Money market funds are offering more than 5% annual returns, Ethereum stakers meanwhile get just 3.3%.
Money market funds are offering more than 5% annual returns, Ethereum stakers meanwhile get just 3.3%.
Caroline Ellison kept a watchlist of Sam Bankman-Fried’s biggest gripes. Perhaps his lawyers need one, too.
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.
Major tokens seemed to stabilize on Friday morning following a week-long price drop.
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
Risk-off sentiment hit markets as a slightly hotter-than-expected inflation reading boosted U.S. Treasury rates and the dollar.
The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.
The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.