This potentially transformative industry should temporarily prioritize practical financial solutions that exhibit clear global demand and widespread adoption, putting aside some of its grandiose aspirations for the time being.
The release of the report had an immediate impact, causing both Bitcoin (BTC) and Binance's BNB token prices to plummet.
Curve CEO Michael Egorov has committed to allocate 34% of CRV's total market cap as collateral for loans across various DeFi protocols. This decision raises concerns as a compelled liquidation could lead to selling at a time when prices are already in decline.
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