Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana.” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks.Solana – the success story of 2021According to CoinMarketCap, on January 3, Solana was ranked 112th with a market cap of just under $101 … [Read more...] about Grayscale report highlights potential Solana risks, should you be concerned?
“This includes ensuring sufficient knowledge and expertise in the underlying products and services and processes to identify and address strategic, operational, compliance, and reputational risks. Sound risk management of crypto-related product offerings includes alignment with a bank’s strategic goals, risk appetite, resources and expertise,” the report said. Source link … [Read more...] about OCC Highlights Digital Assets in Risk Report for Banks
Ross pushed back on the ETF bit, mentioning that fees would be quite expensive, and Kitces conceded that the cost might be prohibitive. And while Kitces remains skeptical about an asset that goes up solely because others are putting money into it, he positions himself and advises others to remain curious and keep an eye out as everything continues to unfold. For one thing, … [Read more...] about Highlights From CoinDesk’s Bitcoin for Advisors 2021
Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from $154 billion and currently sits at $108.7 … [Read more...] about Analyst highlights 3 macro metrics that clearly show DeFi sector growth