Is Bitcoin scarce?
Scarcity is a relative concept. Its emergence does not depend on the amount of demand or resources themselves, but on the comparison between the two. Scarcity occurs when resources are less than demand.
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Scarcity is a relative concept. Its emergence does not depend on the amount of demand or resources themselves, but on the comparison between the two. Scarcity occurs when resources are less than demand.
We will help everyone quickly understand the logic of re-staking and LRT, and dig deeper into projects with lower market capitalization or that have not yet released tokens.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
Revenue drawn away from ETH could result in lower staking yields.
The issue of stablecoins not being stable enough has been mentioned by regulators many times. Regulators worry that the mushrooming of stablecoins, most of which are pegged to the U.S. dollar, may sow the seeds of instability in the overall financial market.
On-chain liquidity was the catalyst of DeFi Summer 2020, but what will lead the DeFi markets to hit a trillion dollars within another year or two?