Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero possibilities of receiving support, centralization, fragmentation of liquidity, and the lack of a […]Bitcoin NewsRead More
Related Posts
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to […]
Ripple CEO Praises the State of Cryptocurrency Regulation in Brazil
Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, has praised the state of cryptocurrency regulation in Brazil, one of the largest crypto […]
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes […]