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Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change

November 1, 2021 by Alex

As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesn’t Directly Improve Finance When it comes…

Cardano to Invest $100 Million to Fund Decentralized Finance Projects

September 29, 2021 by Alex

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to…

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