Soulbound tokens, with their air of myth and legend, have very real applications that could significantly disrupt the finance sector, bringing decentralization to DeFi and creating a whole new way of thinking about society.
Crypto offers too many benefits to throw it out as a payment mechanism. Let's look at the challenges vexing the payments industry today.
As the digital asset market has matured, incumbents are starting to take notice. Citi announced a partnership with METACO to establish digital asset capabilities.
Celsius, one of the largest crypto lenders, shut its doors to the public over the weekend, citing the dangers of market volatility and defi scams.
After about 4 p.m. EST, the algorithmic stable coin TerraUSD collapsed 30% in four hours, while its sister coin dropped 97% in a day.
Pat White, the founder of crypto enterprise startup Bitwave, said programmable money and its infrastructure will change traditional institutions.