DeFi’s yield model is broken — Here’s how we fix it

Opinion by: Marc Boiron, chief executive officer of Polygon Labs Decentralized finance (DeFi) needs a reality check. Protocols have chased growth through token emissions that promise eye-popping annual percentage yields (APYs) for years, only to watch liquidity evaporate when incentives dry up. The current state of DeFi is too driven by mercenary capital, which is…

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White House reveals David Sacks sold $200M in Bitcoin, Ether, and other digital assets before new role

Key Takeaways David Sacks sold over $200 million in digital assets including Bitcoin and Ethereum before his White House role. Sacks maintains limited exposure to the crypto industry through Craft Ventures’ venture capital funds. Share this article The White House disclosed that David Sacks, Trump’s AI and crypto czar, and his venture firm Craft Ventures…

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Cboe BZX files to list Canary’s SUI ETF

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show.  The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any…

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El precio de Bitcoin sube por encima de $ 85,000 a medida que el interés abierto aumenta el 16% en el día pasado

Opeyemi es un escritor y entusiasta competente en el emocionante y único reino de criptomonedas. Si bien la industria de los activos digitales no fue su primera opción, se ha mantenido absolutamente atraído desde que hizo una incursión en el espacio durante dos años. Ahora, Opeyemi se enorgullece de crear piezas únicas desentrañando las complejidades…

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AI will never become a conscious being — Sentient founder

Artificial intelligence (AI) will never become a conscious being due to a lack of intention, which is endemic to human beings and other biological creatures, according to Sandeep Nailwal — co-founder of Polygon and the open-source AI company Sentient. “I don’t see that AI will have any significant level of conscience,” Nailwal told Cointelegraph in…

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