DeFi Punches Above Its Weight As it Targets Bitcoin’s Thunder
Source: a video screenshot, Youtube/Max Holloway
Decentralized finance (DeFi) is seemingly stealing Bitcoin (BTC)’s thunder. Aside from some minor movements, BTC has been noticeably un-volatile in recent weeks, while the total value locked into DeFi platforms has risen from USD 1bn at the beginning of June to over USD 3.77bn today.
Some industry observers regard this development as bad for