Budorin said that the space implements limited measures instead of deploying comprehensive strategies. “Most of the projects think, ‘Okay, we did pentests.That’s enough.Maybe bug bounty.That’s enough.’ It’s not enough,” Budorin told Cointelegraph. Continue readingAI decentralized apps are coming for the Web3 throne: DappRadarWhile gaming and DeFi held on to the top spot in the decentralized applications (DApps) ecosystem, artificial intelligence is slowly catching up. Blockchain analytics platform DappRadar showed that Gaming and DeFi saw 21% DApp dominance in April.
In a Token2049 interview, Xapo Bank CEO Seamus Rocca told Cointelegraph that investors' moods have shifted from short-term speculation to a more long-term outlook on Bitcoin. Rocca said that the confidence comes from broader institutional adoption and Bitcoin's price levels that are "nowhere near" liquidation. Rocca said Bitcoin-backed loans allow holders to stay exposed to the asset when facing unexpected expenses.
Source: DappRadarGherghelas added that if the trend continues, AI could challenge the dominance of DeFi and gaming, signaling a "new era" in the DApp landscape. Continue readingBitcoin-backed loans “obvious” next step — Xapo Bank CEOBitcoin holders are becoming more confident in using their BTC to borrow funds.
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Author / Journalist: Cointelegraph by Ezra Reguerra
The story "Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined" has 842 words across 43 sentences, which will take approximately 4 - 8 minutes for the average person to read.
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