DeFi pioneers don’t have it easy. Numerous hacks in the crypto sector repeatedly shake confidence in the market. So-called token bridges in particular are affected by any security gaps. The Nomad Token Bridge was hit particularly hard this week. The podcast explains in more detail why many crypto users still rely on the bridges.
BRICS countries soon with a new world reserve currency?
The BRICS countries are once again up in arms against the USA and the US dollar. At their last meeting, they therefore discussed how to regain more autonomy from the US dollar with their own currency. China in particular could set the tone here with its digital central bank currency.
Ethereum Miner before desperate act?
The move from Proof of Work to Proof of Stake is putting a strain on miners who have also been mining Ether. For many it is about economic existence. Accordingly, there is resistance from some miners who are toying with the idea of carrying out an Ethereum hard fork in order to be able to stick to the proof-of-work mechanism. However, it is doubtful whether they will be successful.