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TERRA-FI-ING? If it seems too good to be true, it sometimes is. But hope springs eternal that the crypto project Ethena’s new USDe token might prove sustainable despite yields that typically might signify high risk. Described as a “synthetic dollar” rather than a stablecoin, USDe is backed by Ethereum liquid staking tokens such as Lido’s […]
Same with NFTs when I look at it. Yes, there are many other factors, but just the fact that with Ordinals, the image is literally on the chain. And it’s not on any chain, it’s on Bitcoin, right? We know that Bitcoin is going to be around. I think that one property just stands out. […]
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The projects will need refinement so they don’t fall victim to the inherent limitations of the Bitcoin network, according to the authors. One particular upgrade on the radar is Stacks’ Nakamoto Release, designed to enable cheap BTC transfers on a L2, improving transaction speeds to around five seconds instead of 10 to 30 minutes or […]