Robinhood saw the ire of traders last week because it promised to be
different. It turned out to be fancy app on top of an antiquated system.
DeFi's innovation system is reminiscent of an art movement that passes ideas
back and forth until lasting breakthroughs emerge.
Three interpretative letters from the Office of the Comptroller of the
Currency lay the groundwork for banks to become crypto custodians, payment
companies and miners in blockchain networks.
As DeFi sees its first M&A, we’re left with a big question: How do you value
an open-source project in a very new industry?
Digital money in a crypto wallet is only the first step. The bigger shift is a
new software economy anchored in programmable blockchains.