Crypto is weathering a bitter storm. Some still hold on for dear life.
Published Date: 5/16/2022
Source: technologyreview.com
One shiny premise of DeFi, or decentralized finance—a catch-all term for cryptocurrencies and blockchain projects related to the exchange of value—is that by spreading out and automating operations, and removing power from middlemen like banks, it can offer a system more resilient to global forces, able to survive events like war and economic downturns that…