“The environment in the current crypto ecosystem vastly differs from the heyday of ICOs in 2018. Market maturity has driven the need to establish stronger technological foundations to be laid which have enabled exchanges and DeFi protocols to provide a variety of products, with lending, bridging, and liquid staking abilities, to reduce price fluctuations,” Singapore-based Danny Chong, co-founder of DeFi protocol Tranchess, told CoinDesk.
Related posts
-
3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves
Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs)... -
Six Bitcoin (BTC) Mutual Funds to Launch in Israel Next Week: Report
Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after... -
Bitcoin Price Comeback: Can It Regain Ground?
Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if...