In recent years, the landscape of cryptocurrency has witnessed significant transformations. In addition to the stimulus-fueled boom of 2021, venture capital (VC) companies invested an astounding $33 billion in blockchain and cryptocurrency startups.
However, subsequent events such as the Federal Reserve’s interest rate hikes triggered a series of bankruptcies and collapses within the crypto market, including Terra (LUNA) and FTX. Further, despite initial optimism, the concept of Decentralized Finance (DeFi) encountered setbacks, including more than…
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