Jonny Fry Posted

2 Years Ago |

Crypto winter may be here (again), but blockchain and digital asset innovation are quietly thriving in the summer heat
Written by Drew Forman, head of Cowen Digital

Fans of Game of Thrones will be familiar with the line, “winter is coming”, which is said to be the inspiration behind the term ‘crypto winter’. Despite the heatwaves plaguing much of Westeros, we seem to have entered a new crypto winter. With prices crashing, margin positions being liquidated and the contagion from the TerraUSD downfall bankrupting various CeFi lenders, this market starkly contrasts with DeFi summer. The mainstream media quickly picked up on the...

Crypto winter may be here (again), but blockchain and digital asset innovation are quietly thriving in the summer heat
Written by Drew Forman, head of Cowen Digital

Fans of Game of Thrones will be familiar with the line, “winter is coming”, which is said to be the inspiration behind the term ‘crypto winter’. Despite the heatwaves plaguing much of Westeros, we seem to have entered a new crypto winter. With prices crashing, margin positions being liquidated and the contagion from the TerraUSD downfall bankrupting various CeFi lenders, this market starkly contrasts with DeFi summer. The mainstream media quickly picked up on the

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Jonny Fry Posted

2 Years Ago |

Crypto’s flight to transparency

Written by Timo Lehes, co-founder, Swarm, the world’s first licensed DeFi platform

The decision to freeze withdrawals by Celsius and Three Arrows Capital only weeks after Terra’s algorithmic stablecoin collapsed has dealt yet another blow to investor confidence in crypto. Bankruptcy, liquidation and ‘ghosting’ episodes like these are a painful reminder of an industry trying to mature, whilst innovating at lightning speed. Crucially, the regulatory and, ironically, transparency puzzle pieces are still missing from the crypto jigsaw. Recent events have been attributed to failings of decentralised finance (DeFi). However, contrary to popular belief, DeFi actually did its job....

Crypto’s flight to transparency

Written by Timo Lehes, co-founder, Swarm, the world’s first licensed DeFi platform

The decision to freeze withdrawals by Celsius and Three Arrows Capital only weeks after Terra’s algorithmic stablecoin collapsed has dealt yet another blow to investor confidence in crypto. Bankruptcy, liquidation and ‘ghosting’ episodes like these are a painful reminder of an industry trying to mature, whilst innovating at lightning speed. Crucially, the regulatory and, ironically, transparency puzzle pieces are still missing from the crypto jigsaw. Recent events have been attributed to failings of decentralised finance (DeFi). However, contrary to popular belief, DeFi actually did its job.

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