Arca CIO: Bitcoin ‘Either Worth $0 or $1M Per Token’
Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.
The CeFi-DeFi Battle Has Already Begun
Legacy companies tend to make two key mistakes in the face of internet disruption. They’re making them now about DeFi, says EY’s blockchain head.
DeFi Analytics Community UniWhales Raises $2.2M for DAO Transition
A team on a “mission to lower DeFi brain fatigue” is upping its ambitions with new funding.
What Does the Booming NFT Markets Reveal About Blockchain and DeFi?
John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.
Celo, Fantom Tokens Jump on Fresh DeFi Incentive Programs
New day, new incentives for layer 1 blockchains looking to compete with Ethereum.
Fantom Commits $314M in FTM to Boost Ecosystem Development
Projects are rushing to claim a piece of the DeFi pie with hundreds of millions in incentives, but not all implementations are equal.
Polkadot’s Parallel Finance Raises $22M at $150M Valuation
The startup wants to become a DeFi “brand” across multiple blockchains.
Celo Taps Aave, Curve, Sushi and More in $100M DeFi Incentive Program
The phone-focused proof-of-stake chain is betting big on user adoption in collaboration with Ethereum’s top DeFi platforms.
Avalanche Added to DeFi Exchange Aggregator OpenOcean
The trading portal is adding Avalanche to its mix of networks.
