Why choose the #PowerAgent Automation Network?

https://x.com/powerpoolcvp/status/1806310277689844148

A couple of years ago, the Curve Finance Wars narrative captivated the #DeFi community. But one year before the #Curve Wars , few understood its significance. Today, the dominant paradigm is self-#custody : users have their own wallets, maintain self-custody rights, and sign all transactions themselves.

✅ Current Paradigm: Users have their own wallets, maintain self-custody rights, and sign all transactions themselves.

✅ Future Vision of #Automation : Users will increasingly outsource transactions. Even individual users will rely on automation service networks for #transaction execution.

✅ Automation Networks: These networks will streamline #DeFi interactions and enhance efficiency.

✅ PowerAgent's Role: Ensures that automated transaction networks are #trustworthy , #reliable, and accessible for all users.

Unlock the future of #decentralized automation with #PowerAgent!

Become a PowerAgent v2 Keeper Today: https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/user-guides-and-instructions/i-want-to-become-a-keeperc

$CVP $CRV

The concept of #cedefi is the extension and the upgrade of CEXs.

Originally, DeFi and staking projects all built their own pools to provide incentives to attract users to stake or provide liquidity through LP tokens. However, this incentive mechanism has stagnated. Everyone knows how to play the game, so the #Rewards are marginalized.

What CeDeFi essentially brings, is the transformation of regulated #custody becoming a secondary exchange.

The advantage is that projects get more flexibility and opportunities in handling the assets of its users. It opens the doors for financial instruments that require deep liquidity not found in DeFi. You can do #OptionsTrading and #Arbitrage on a large scale. Just what BounceBit and Ethena are doing.

As the name suggests, CeDeFi, naturally violates the principle of decentralization. Nevertheless, it undoubtedly has its place in crypto.

Money flows towards yield opportunities, regardless of decentralized or not. So stay on the lookout for projects that utilize CeDeFi infrastructure to provide what people are really looking for: sustainable yield

My picks: BounceBit $BB Ethena $ENA Manta $MANTA

⚡ Safe partners with Sygnum Bank and Coincover on a crypto recovery service

Safe, an on-chain custody protocol, has teamed up with Sygnum Bank and Coincover to launch an optional crypto recovery service. RecoveryHub users will be able to restore their access to crypto assets via designated “recoverers,” including personal backup devices, family members, friends, or other collaborators for social recovery. Moreover, Sygnum Bank and Coincover will offer a more formal recovery process.

#safe #Gnosis #Sygnum #bank $GNO #custody

🚨 European Union prohibits self-custody of Bitcoin and cryptocurrencies:

New anti-money laundering law banned payments with Bitcoin and cryptocurrencies to self-custody wallets, even in small amounts.

Also banned:

* Cash payments above €10,000

*Prohibition of anonymous cash payments above €3,000

#btc #custody #HotTrends #ban

#TON reacted to news of #Durov 's release with an immediate 10% increase! 📈🚀
Update: Durov was released from #custody , but preliminary interrogation and the presentation of charges are still ahead.
#DOGSONBINANCE #TelegramCEO

#Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms

$XRP has announced a significant expansion of its custody services, introducing features designed to provide crypto firms with bank-grade #security and #compliance . This move aims to tap into the rapidly growing market for digital asset #custody , projected to reach $16 trillion by 2030.