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Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

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Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.

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Coin Market

2024 BTC cycle ‘dramatically’ underperforming previous halvings: Analyst

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Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy’s Alex Thorn.

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Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs

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The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.

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Coin Market

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

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Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

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