A Magic Bullet for DeFi
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- 🪙 Fed wants stablecoin rules. The Fed's Michal Barr wants guidelines to help enable and regulate stablecoin innovation. Circle's CEO wants it to happen.
- 🐙 Kraken building L2? Kraken is reportedly in talks with Polygon and Matter Labs to build its own layer-2 network. Watch out, Base.
- 🙅♂️ SEC hiring struggles. The SEC admits it's struggling to hire crypto experts because of rules that require employees to divest.
📈 Commodity Slump: Oil prices broke August lows and are down 4% amid concerns of slowing demand. Can crypto outperform if the economy continues to worsen?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $1.34T | ↗ 1.0% | ↗ 4.7% |
|
BTC $35,612 | ↗ 1.8% | ↗ 3.0% |
|
ETH $1,895 | ↗ 0.3% | ↗ 4.8% |
Let’s face it: DeFi UX is broken.
Steep learning curves, long waiting times, and too many failed transactions make interacting with applications in DeFi a frustrating experience. But what if there was a design shift that could simplify this process?
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David sits down in person at Solana Breakpoint 2023 with Solana’s Founder, Anatoly Yakovenko, and Austin Federa, Solana Foundation’s Head of Strategy.
The three chat about Breakpoint’s Evolution, Solana vs. Ethereum, and exciting new releases and products coming out of Solana. 👇
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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