Decentralized Finance. It's supposed to be the future, right? We want a world in which anyone, anywhere, can use financial services without having to ask a bank for permission. That future doesn’t seem quite so sunny anymore. It does feel a little unjust given the regulatory quagmire we’re in right...
HTX DAO is currently going through a $22 million dollar token burn. Is this development a legitimate leap forward for decentralized finance, or simply a marketing ploy dressed up as community empowerment? It’s a question worth considering, especially when we see these types of advances in the crypto space. We...
HTX DAO recently burned more than $22 million worth of its $HTX tokens. 11.79 trillion tokens, gone. Poof. The stated reason? A deflationary mechanism created to, in their words, “maximize long-term value” of the token. Quarterly burns, scarcity-based tokenomics, the works. Sounds good on paper, doesn't it? Wait, just a...
The numbers are dazzling: USD 56.9 billion by 2032. A 28.21% compound annual growth rate. That’s the expected growth of the Bitcoin pooling platform market. Mining solo is increasingly a fool's errand. Pools offer a lifeline, a way for the little guy (and gal) to grab a piece of the...
The hugely popular vote to allow WLFI token trading was 99.94% in favor! This overwhelming support is indicative of a major win for the power of decentralized governance! A true testament to community empowerment. Let’s not ride the wave of the glittery long-term crypto fantasy. When politics becomes a part...
Is WLFI the coming thing in community-driven finance, or just a political shiny bauble? The project’s latest update, giving the WLFI token holders the ability to freely trade their WLFI has caused a massive stir in their community. The total of 99.94% votes in favor of letting the trading begin...
I first got to know Maria at the end of last year, during a crypto conference I helped organize in El Salvador. A mother, single, from a small village, she was grinning ear to ear, explaining how Bitcoin mining had transformed her life. In the past, she had trouble putting...
VoteX.BingX's new initiative.Allowing users to vote on the next perpetual futures to be listed.Sounds democratic, right?User empowerment!Community driven!Buzzwords, buzzwords, buzzwords. Now it’s time to ask some hard questions.Are we truly on a path to a better system, or just a more technical casino?Governance Principles Forgotten in the Hype?In traditional finance,...
BingX is already turning heads with VoteX. This revolutionary new system puts you in control of determining which tokens are available to trade perpetual futures on! On the surface, it's a fantastic idea: community empowerment! Let’s slow down for just a moment. Are we truly empowering citizens to be the...