#OnChainLendingSurge Fundamentals of Decentralized Finance (DeFi) have shown notable growth recently. Below is an updated analysis of this market: Market Growth: • Total Value Locked (TVL): In the last 30 days, the TVL in on-chain lending platforms has increased by 25%, reaching $13.4 billion.  • Loan Volume: Comparing the first quarter of 2023 with the same period in 2024, there is an increase of 2025% in loan volume, rising from $3.3 billion to $11.5 billion.  Driving Factors: • Increased Adoption: The transparency, security, and decentralization of on-chain platforms have attracted more users. • Improvements in Infrastructure: Advances in blockchain technology
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The brutal truth about Bitcoin Eswar Prasad July 20, 2021
Golden bitcoin with yellow bokeh background 5# min read Follow the authors Editor's note: This op-ed was originally published by The New York Times. Bitcoin, the original cryptocurrency, has been on a wild ride since its creation in 2009. Earlier this year, the price of one Bitcoin surged to over $60,000, an eightfold increase in 12 months. Then it fell to half that value in just a few weeks. Values of other cryptocurrencies such as Doge