Tag: financialcrisis

Bitcoin's $103K High Hides DeFi's Deepening Crisis A Warning

Bitcoin's $103K High Hides DeFi's Deepening Crisis A Warning

For Aisha, a single mother and smallholder farmer in rural Kenya, that dream was of building a stable future for her family. She’d listened to the rumors about DeFi, decentralised finance, an awakened parallel economy offering liberation, inclusivity, opportunity. She put up her little life savings, planning to free herself...

Cantor, Tether, SoftBank's $3.6B Bitcoin Bet Exposes A Deeper Crisis

Cantor, Tether, SoftBank's $3.6B Bitcoin Bet Exposes A Deeper Crisis

$3.6 billion. Let that number sink in. The Bitcoin that Twenty One Capital will issue will be worth at least this much. Despite these challenges, it boasts formidable support from heavy hitters such as Tether and SoftBank. While some are celebrating this as a bullish sign for crypto, I see...