Fear grips cryptocurrency traders and magnifies the global rout in US$247 billion DeFi market, Binance’s founder CZ says

The crash in cryptocurrencies shows how the fundamental principle of DeFi – the pursuit of higher yields in the era of cheap money to disrupt and replace traditional banks – has been upended by rising interest rates.

Share this:

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

Written by Headlines

Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

Fungus fashion: Mushrooms used as alternative to animal leather

World’s biggest freshwater fish caught by Cambodian in the Mekong River