Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week in DeFi saw Solana continue its momentum, and it could flip Ethereum in terms of transaction fees within the next week. The United Kingdom’s Financial Conduct Authority (FCA) is working to include the best parts of traditional finance (TradFi) and DeFi-related regulations to ensure a comprehensive crypto framework.
A trader lost over a million dollars worth of crypto assets due to the 0L Network hard fork.
