Blockchain Bites: BTC on Ethereum, DeFi’s Latest Stablecoin, the Currency Cold Wars
DeFi Pulse fixed a bug that led to a substantial misreporting of total value in decentralized finance protocols, former acting White House chief of staff Mick Mulvaney joined the Chamber of Digital Commerce and there’s a new stablecoin that functions like a savings account. DeFi fund
The cryptocurrency money manager Panxora is raising up to $50 million for a new DeFi-centered hedge fund, CoinDesk reporter Bradley Keoun reports.
Internet 2030
Jeff Wilser paints a picture of the coming “currency cold war,” offering three scenarios of how either bitcoin, digital dollars or China’s DCEP will become the dominant world currency, and one where that concept is thrown out the window. SCENARIO FOUR: A non-government-backed cryptocurrency (such as Bitcoin) gains dominance
What would the internet look like if a private (non-government regulated) currency emerged as dominant?