This week, I grapple with the concepts of financial centralization and decentralization, anchoring around custody, staking, and DeFi examples. On the centralized side, we look at BitGo's acquisition of Lumina, Coinbase Custody and its similarity to Schwab and Betterment Institutional. On the decentralized side, we examine the recent $500 million increase in value within the Compound protocol, as well as the recursive loops that could pose a broader financial risk to the ecosystem.
VC3 brings decentralized autonomous organizations (DAO) to venture capital by using the power of a very selective crowd.
The Cion Digital Blockchain Orchestration Platform accelerates integration, provides optionality, prevents technical debt from the onset, and removes friction from creating blockchain-based innovative real-time payment and financing.
The evolution towards a financial metaverse is rapidly accelerating, with the growth in generative assets, profile picture avatars, the emerging derivative structures that build on their foundation, and DAOs that govern them. This article highlights the most novel developments, and builds the case for what a digital wallet / bank will need to be able to do in order to succeed on the way to this alien destination.
Solana fell from a proof-of-stake leader to an unstable, frequently offline chain that has been the target of high-stakes, high-profile hacks.
