First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding
Don't even think of using the term "DeFi winter," because DeFi might be hotter than last year's summer of DeFi.
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Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi protocols offer. However, it seeks to offer stable revenue for companies looking to get passive income from their funds in dollars. Compound to Coax Institutions With Treasury Compound Labs, the company behind the Compound defi protocol, launched Treasury, a new defi service designed for....
The latest rally leaves bitcoin up 80% year to date, an enviable performance that's bound to inspire the fear of missing out among some investors.
Bitcoin lost steam on Wednesday, pausing a bull run that had accelerated on the backs of Tesla's $1.5 billion investment.
Latest rally extends bitcoin's lead over U.S. stocks in 2020 returns, potentially setting up a self-reinforcing trend as more investors take notice.
Many enthusiasts see the blockchain as a perfect solution to address a lot of problems in different sectors. But at the same time, industry experts think the first-mover advantage doesn’t apply to blockchain technology right now. First-Mover Disadvantage? Though the blockchain industry has seen a lot of attention from financial institutions and other....