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Latest DeFi Craze Involves a One-Man Project With a ‘Worthless’ Token

boss Cryptocurrency Market, News

The trend of usage incentives in decentralized finance kicked off with Compound’s COMP token distribution, and it continued through several other platforms that sought to replicate its perceived success.But the latest DeFi yield farming mania involves yEarn, a yield aggregating platform developed by just one man, Andre Cronje. Despite his

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One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

Cryptocurrency Market, News

Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations.Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly resulting in crypto firms incurring greater fees than credit card companies and traditional trusts.Dutch AMLD5

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