A Federal Reserve governor questioned whether or not decentralized finance (defi) can actually get rid of the necessity for intermediaries, regardless of bitcoin’s revolutionary promise. Whereas decentralized techniques intention to bypass conventional constructions, he argues that belief in intermediaries nonetheless resurfaces. May crypto ever be totally decentralized, or will it mirror conventional finance? The potential regulatory challenges and the function […]
Chime Introduces $500 Prompt Loans
Chime has launched Prompt Loans, a micro-lending product providing as much as $500 immediately with a set rate of interest...