Okay, let's be brutally honest. Most NFTs are glorified JPEGs. So, you’ve purchased an NFT monkey picture for the cost of a decent used car, and now what? It just sits in your/apple developer’s digital wallet, gathering digital dust. The original sin of utility has delivered underwhelming returns. All of...
Sui, another layer-1 blockchain, is increasing its focus on Bitcoin-based decentralized finance (DeFi). It is collaborating with Stacks, a layer-2 network constructed atop of Bitcoin. This action is part of its efforts to expand its BTCfi ecosystem and offer Bitcoin holders new ways to use their holdings. Sui builds better...
Naturally, the siren call to unshackle Bitcoin’s $1.6 trillion market cap boon for on-chain DeFi ventures is quite tempting. Sui Network has onboarded sBTC, a Bitcoin-backed native asset from Stacks. This latest addition is an attempt to connect the crypto king with the booming universe of decentralized finance. Is this...
Binance U.S. hopped on the Base train. Great. But is this really a ticket to DeFi paradise, or simply another stop on the hype train to nowhere? Let's be brutally honest: the crypto space loves a good narrative, and right now, Layer 2 scaling solutions like Base are all the...
