However, the road ahead is not without its challenges. The sharp decline in crypto assets, with ether (ETH) plunging from almost $4,800 to a low of $1,600 this year, has led to a major reduction in the TVL of staked ETH. Further, near constant DeFi exploits raise concerns about the sector’s sustainability.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/consensus-magazine/2023/11/10/can-everyday-traders-trust-defis-automated-market-makers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- :has
- :is
- :not
- a
- About
- ahead
- almost
- and
- Assets
- Automated
- CAN
- challenges
- Chart
- Coindesk
- Concerns
- constant
- crypto
- crypto-assets
- Decline
- DeFi
- defi exploits
- ETH
- eth price
- Ether
- ethereum
- Ethereum Price
- everyday
- exploits
- from
- further
- http
- HTTPS
- images
- in
- index
- ITS
- jpg
- Led
- live
- Low
- major
- Makers
- Market
- market makers
- Near
- of
- plato
- Plato Data Intelligence
- PlatoData
- plunging
- price
- raise
- reduction
- road
- s
- sector
- sharp
- Staked
- Staked ETH
- Sustainability
- The
- this
- this year
- to
- Traders
- Trust
- TVL
- with
- without
- year
- zephyrnet
More from CoinDesk
Binance Feels Strain of World’s Regulators Leaping Into Action
Source Node: 2163921
Time Stamp: Jul 7, 2023
Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
Source Node: 2289180
Time Stamp: Sep 22, 2023
Solana-Based Automation Network Clockwork Raises $4M in Seed Funding
Source Node: 1644964
Time Stamp: Aug 30, 2022
Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond Investment
Source Node: 1718424
Time Stamp: Oct 6, 2022
Best Universities for Blockchain 2022: Boston University
Source Node: 1695064
Time Stamp: Sep 26, 2022
Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says
Source Node: 2376371
Time Stamp: Nov 10, 2023
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
Source Node: 2391467
Time Stamp: Nov 20, 2023
Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn’t Any Better
Source Node: 2185516
Time Stamp: Jul 26, 2023
Bored Ape Collections Pump Ahead of Upcoming Sewer Pass NFT Mint
Source Node: 1892924
Time Stamp: Jan 12, 2023
Crypto Options Exchange Deribit Adding Zero-Fee Spot Trading
Source Node: 2066603
Time Stamp: Apr 19, 2023
Bitcoin’s 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
Source Node: 2071556
Time Stamp: Apr 25, 2023
Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
Source Node: 1700505
Time Stamp: Sep 28, 2022